Sandvik Coromant Launches Payback Calculator on Corporate Website
Fair Lawn, New Jersey, May 12, 2008 - Sandvik Coromant's corporate website now features the Payback Calculator, an investment and component analysis tool that allows customers to calculate their own returns on investment.
After customers input the cost for a new machine and an estimate on how long it will take to recoup the invested funds, they are taken through four steps that evaluate everything from required man-hours and delays in machining to levels of fixed machine costs and preferred production times.
The calculator then draws conclusions from the analysis of entered values, offering instant feedback to the direct and indirect benefits of making smart choices when selecting new machine tools.
Sandvik Coromant developed the Payback Calculator as a part of its Machine Investment process, a total package of services that aids customers in unleashing the potential of machine investments right from the start.
"Optimized performance and reduced payback times are key considerations in purchasing decisions," said Sven-Olof Dahlqvist, Senior Manager of Machine Investment at Sandvik Coromant. "By using the payback calculator, customers are able to compare a standard investment and resulting profit to that offered by Sandvik Coromant and see that productivity gains of 10 to 15 percent are possible if the right machine and tooling choices are made."
About Sandvik Coromant
As the world-leading supplier of high quality cutting tools, Sandvik Coromant helps customers think smart, work smart and earn smart. The company provided US customers with $70 million in documented cost savings in 2007. For more information regarding products, applications and services that can help you earn smart, contact Sandvik Coromant Company, 1702 Nevins Road, Fair Lawn, NJ 07410, phone 201.794.5223, fax 201.794.5217 or visit www.coromant.sandvik.com/us.
Janae Cummings Public Relations Associate dgs Marketing Engineers 317.813.2230 Direct 317.813.2222 Main 317.813.2233 Fax
CONTACT: Björn Roodzant 201.794.5223 Jim May, dgs 317.813.2226
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