Atlas Copco to Adapt Production Capacity in Örebro

  Atlas Copco to Adapt Production Capacity in Örebro

Business Wire

STOCKHOLM -- November 06, 2012

Atlas Copco Rock Drills AB has today given notice about a reduction of 160
employees at its manufacturing facilities in Örebro, Sweden.

“The market for mining and rock excavation equipment has weakened and we have
to adapt our production capacity to the current demand,” said Bob Fassl,
Business Area President, Atlas Copco Mining and Rock Excavation Technique.
“These measures are unfortunately necessary and we will do our best to support
our employees in this difficult situation.”

The notice affects 105 blue-collar employees and 55 white-collar employees.
Negotiations with local unions have been initiated. Atlas Copco Rock Drills,
which currently has about 1900 employees, manufactures equipment used in
surface and underground mining, civil engineering and infrastructure projects.

Atlas Copco is an industrial group with world-leading positions in
compressors, expanders and air treatment systems, construction and mining
equipment, power tools and assembly systems. With innovative products and
services, Atlas Copco delivers solutions for sustainable productivity. The
company was founded in 1873, is based in Stockholm, Sweden, and has a global
reach spanning more than 170 countries. In 2011, Atlas Copco had 37 500
employees and revenues of BSEK81 (BEUR 9). Learn more at www.atlascopco.com.

Atlas Copco’s Mining and Rock Excavation Technique business area provides
equipment for drilling and rock excavation, a complete range of related
consumables and service through a global network. The business area innovates
for sustainable productivity in surface and underground mining,
infrastructure, civil works, well drilling and geotechnical applications.
Principal product development and manufacturing units are located in Sweden,
the United States, Canada, China and India.

This information was brought to you by Cision http://www.cisionwire.com

Contact:

Bob Fassl, Business Area President
Mining and Rock Excavation Technique
+46 (0)8 743 8314
+1 469 766 6242
or
Daniel Frykholm, Media Relations Manager
+46 (0)8743 8060 or +46 (0)70 865 8060
 
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