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Sandvik Coromant overview

Industry
Machine Shop
Revenue
Headquarters
Employees
7,900
Founded in
Organization type
Private
Sandvik Inc. manufactures metal-cutting tools, mining and construction equipment, and products of high alloy materials. Its products are used in mechanical engineering, automotive, oil and gas, and aerospace applications. The company was founded in 1919 and is based in Fair Lawn, New Jersey. Sandvik Inc. operates as a subsidiary of Sandvik AB.
The staff at Sandvik Coromant come from unusually diverse demographic backgrounds. The company is 22.1% female and 41.2% ethnic minorities. Sandvik Coromant employees are slightly more likely to be members of the Republican Party than the Democratic Party, with 57.0% of employees identifying as members of the Republican Party. Despite their political differences, employees at Sandvik Coromant seem to be happy. The company has great employee retention with staff members usually staying for 5.7 years.The average employee at Sandvik Coromant makes $57,900 per year. In comparison, some of its highest paying competitors, like Hyperion Materials & Technologies, Diamond Innovations, Inc., and Endress and Hauser, pay $81,055, $72,746, and $62,021, respectively.
Based in New Jersey, Sandvik Coromant is a key player in the manufacturing industry with 7,900 employees and an annual revenue of $10.5B.

Sandvik Coromant's mission statement

To develop, manufacture, and market highly processed products that contribute positively to the productivity of their customers.

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    Sandvik Coromant rankings

    Sandvik Coromant is ranked #23 on the Best Manufacturing companies to work for in New Jersey list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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    Sandvik Coromant salaries

    Average Sandvik Coromant salary
    $57,900
    yearly
    $27.84 hourly
    Updated March 14, 2024

    Rate Sandvik Coromant's fairness in compensating employees.

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    Sandvik Coromant diversity

    9.9
    Diversity score
    We calculated Sandvik Coromant’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Sandvik Coromant’s workforce.
    Sandvik Coromant diversity summary. Zippia estimates Sandvik Coromant's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Sandvik Coromant's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Sandvik Coromant's workforce.
    • Sandvik Coromant has 7,900 employees.
    • 22% of Sandvik Coromant employees are women, while 78% are men.
    • The most common ethnicity at Sandvik Coromant is White (59%).
    • 15% of Sandvik Coromant employees are Hispanic or Latino.
    • 12% of Sandvik Coromant employees are Black or African American.
    • The average employee at Sandvik Coromant makes $57,900 per year.
    • Sandvik Coromant employees are most likely to be members of the republican party.
    • Employees at Sandvik Coromant stay with the company for 5.7 years on average.

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    Sandvik Coromant financial performance

    9.8
    Performance score

    Highest paying Sandvik Coromant competitors

    Compare Sandvik Coromant salaries to competitors, including Hyperion Materials & Technologies, Diamond Innovations, Inc., and Endress and Hauser. Employees at Hyperion Materials & Technologies earn the highest average yearly salary of $81,055. The salaries at Diamond Innovations, Inc. average $72,746 per year, and the salaries at Endress and Hauser come in at $62,021 per year.
    RankCompanyAverage salaryJobs
    1$81,0550
    2$72,7460
    3$62,0210
    4$61,1340
    5$58,5200
    6$57,6290
    7$57,3150
    8$57,1420
    9$56,2010
    10$55,8330

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    Zippia gives an in-depth look into the details of Sandvik Coromant, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Sandvik Coromant. The employee data is based on information from people who have self-reported their past or current employments at Sandvik Coromant. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Sandvik Coromant. The data presented on this page does not represent the view of Sandvik Coromant and its employees or that of Zippia.

    Sandvik Coromant may also be known as or be related to Sandvik Coromant and Sandvik Inc.