Feb 24 • 00:23 UTC 🇨🇦 Canada Global News

Sandvik breaks ground on $51-million mining equipment manufacturing facility in Saskatoon

Sandvik has initiated the construction of a $51-million manufacturing facility in Saskatoon, aiming to centralize mining equipment production in Canada.

Sandvik, a Swedish mining equipment manufacturer, has commenced the construction of a new $51 million manufacturing facility in Saskatoon, Saskatchewan. This facility, spanning 51,000 square feet, symbolizes a significant investment aimed at relocating manufacturing jobs from overseas to Saskatchewan. The facility is designed to support mechanical cutting and provide parts and services tailored to the Canadian mining sector, particularly aiding operations in central and western regions of Canada.

The investment by Sandvik highlights the growing importance of local manufacturing in the mining industry, which is crucial due to the variety of resources extracted in Saskatchewan, including potash and uranium. According to Thomas Vallant, Sandvik's president of mechanical cutting, the new facility will include essential features such as a wash bay and sandblast bay, as well as capacities for welding and testing on electronics and hydraulics. This comprehensive manufacturing approach is expected to enhance service delivery and equipment restoration for mining companies operating in the region.

With major clients like Nutrien and Cameco, Sandvik’s expansion in Saskatoon represents a broader trend of companies seeking to optimize their support for the mining sector by localizing services and reducing reliance on overseas manufacturing. This move aligns with Saskatchewan's reputation as a key player in the mining landscape, potentially drawing more global partnerships and promoting economic growth within the province.

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