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Sandvik held general meeting of distributors

February 15, 2018

Starting with Nagoya on February 15, the Coromant Company, which handles Sandvik cutting tools, held general meetings called “Coromant Association,” a sales agent association, in three locations, including Tokyo and Osaka (photo).

Masakazu Takaya, the president of the Coromant Company, explained “we were able to achieve sales growth without lagging behind a strong market,” he said.

Sales of key products increased, including sales through trading companies and sales of insert tools and solid tools.

At the same time, delays in efforts to increase customer productivity, difficulties in selling new products, and disruptions in business processes and system upgrades have led to a drag.

Michael Eneberi, the president of Japanese Corporation and Southeast Asia, said “worldwide orders for the Machining Solutions division to which the Coromant Company belongs increased by 12% last year, and sales increased by 10%”

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