HEBRON, Ky. (April 12, 2013) – Sandvik Group has signed a 10-year lease renewal for its existing distribution center in Hebron that includes a 62,000-s.f. expansion of the facility.
The expansion gives the Sweden-based industrial group sole occupancy of the 161,000-s.f. building.
Sandvik is a global company with operations in machining solutions, materials technology, mining and construction. Its North American headquarters are located in Fair Lawn, N.J., with the Hebron facility serving as the company’s Americas distribution center.
Sandvik initially moved into the building in 2002, the same year it acquired Milacron Inc.’s North American metal-cutting tools business for $175 million. The upcoming expansion will enable the company to expand its distribution capabilities.