Sandvik Makes Milestone Mining Investment in Saskatchewan

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Swedish company builds on a century-long legacy in Canada.

Sandvik has been part of Canada’s mining story for 100 years. Now, the global engineering company is reaffirming their commitment to Canadian mining with a $51 million investment in a new facility in Saskatoon, bringing manufacturing, service and support closer to one of the world’s most important mining regions. The new 52,000 square foot facility will help improve speed, efficiency and reliability for mining customers across Saskatchewan, Western Canada and the North.

The decision to build here in Saskatchewan wasn’t just about logistics. It reflects long-term alignment with a province that continues to lead globally in resource development.

“Saskatchewan is a global leader in potash and uranium, and we see strong, sustained growth ahead across these sectors,” Vice President of Sandvik Mining in Canada Peter Corcoran says. “At the same time, increasing investment in gold and copper is expanding the province’s hard-rock mining footprint, and Sandvik is committed to supporting that growth with the technology, services and expertise needed for the long term.”

Being located in Saskatoon puts Sandvik alongside its core customer base, reducing the need to move large, complex equipment across long distances for servicing. The region’s central location also allows Sandvik to efficiently support operations across Canada, including emerging mining activity in Nunavut.

“Saskatchewan is very central in Canada,” Corcoran states. “It gives us access not only to the potash and uranium mines in Saskatchewan, but also a longer reach to customers out in Western Canada and Northern Canada.”

The facility itself is built to match the scale of modern mining. Some of Sandvik’s machines weigh up to 250 tonnes and require specialized infrastructure to service and rebuild. An integrated warehouse will further strengthen parts inventory management and aftermarket support for customers.

For Sandvik, the investment reflects a clear and deliberate choice. Saskatchewan offers a combination of resource strength, workforce capability and business conditions that are difficult to match. The province’s stable business environment, low tax and utility rates and competitive incentives are bringing opportunity, investment and jobs.

Sandvik already employs around 100 people in Saskatchewan and sees the province as a place where it can continue to grow. As the new facility ramps up, it will create additional opportunities for skilled workers, with roles spanning mechanical repair, technical services and emerging areas like electrification and automation.

Sandvik is also working closely with local institutions to strengthen the talent pipeline, partnering with colleges and universities to better align curriculum with the realities of modern mining. These collaborations focus on building capabilities in areas such as mechanical cutting, electrification and digital technologies, while also increasing early exposure to the industry through outreach, internships and hands-on learning. Beyond direct employment, the investment will strengthen the broader supply chain, with Sandvik planning to work closely with Saskatchewan-based suppliers to expand support for its customers in Saskatoon.

Large-scale investments like this are sustained by a strong and responsive business environment. Saskatchewan is the best place to do business in Canada, which is why major international firms such as Sandvik are choosing to make substantial investments in the province. Sandvik’s experience reflects that.

“We’ve had great support from the province, from the mayor’s office, and also from the federal government and Invest Canada,” Corcoran says. “They’ve all stepped forward to support us in a professional and focused manner.”

That support translated into a clear and efficient path forward, from permitting to site selection.

For Sandvik, the Saskatoon facility is not a short-term play. It is a long-term investment in a region that will continue to shape the future of mining. Saskatchewan’s dominance in potash, strength in uranium and growing role in critical minerals position it as a key hub. Being close to that activity allows Sandvik to respond faster, innovate alongside customers and support the full life cycle of mining operations.

A century after first entering Canada, Sandvik is proudly building its next chapter in Saskatchewan.

For more information, contact:

Media Relations
Regina
Phone: 306-526-9806
Email: media.ted@gov.sk.ca