The Sandvik group was founded in Sweden in 1862 , when it began manufacturing machinery , high-tech instruments and high resistance specialty materials . Sandvik ’ s presence in Latin America dates back to the 1960s , and recently celebrated 60 years of presence in Chile , the largest copper producer in the world . In addition to the Chilean market , Sandvik also has a direct presence in Argentina , Brazil , Colombia , and 2017 marks its 50th anniversary since first arriving to Peru ,