Atlas Copco Opens New Production Facility in China

  Atlas Copco Opens New Production Facility in China

Business Wire

STOCKHOLM -- March 12, 2013

Today Atlas Copco (STO:ATCOA) (STO:ATCOB) inaugurated a new manufacturing
facility in China. The new factory will produce high-efficiency compressors
and generators, meeting the growing demand for such industrial equipment
throughout Asia.

The new plant, located in Wuxi in the Jiangsu province in eastern China, will
manufacture small and medium-sized industrial air compressors, and portable
diesel and electric-driven compressors and generators.

“This top-modern production facility will be key to our effort to expand our
presence in China and across Asia,” said Stephan Kuhn, Business Area President
of Atlas Copco Compressor Technique. “The Asian market has vast growth
potential, and this plant helps us ensure we are close to our many customers
in the region.”

The investment for the plant, which includes a test lab and an R&D center,
amounts to approximately MSEK 165 (MRMB 160.) The facility is expected to
employ about 280 people. The plant is built according to the Leadership in
Energy and Environmental Design standard for sustainable site development.

Including the Wuxi plant, Atlas Copco now operates 16 manufacturing facilities
and 236 offices in China and has approximately 5 700 employees in the country.

Atlas Copcois 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 2012, Atlas Copco had 39 800
employees and revenues of BSEK90.5 (BEUR 10.5).Learn more
atwww.atlascopco.com.

Atlas Copco’s Compressor Technique business area provides industrial
compressors, gas and process compressors and expanders, air and gas treatment
equipment and air management systems. It has a global service network and
offers specialty rental services. Compressor Technique innovates for
sustainable productivity in the manufacturing, oil and gas, and process
industries. Principal product development and manufacturing units are located
in Belgium, Germany, the United States, China and India.

Atlas Copco’s Construction Technique business area provides construction and
demolition tools, portable compressors, pumps and generators, lighting towers,
and compaction and paving equipment. It offers service through a global
network. Construction Technique innovates for sustainable productivity in
infrastructure, civil works and road construction projects. Principal product
development and manufacturing units are located in Belgium, Germany, Sweden,
China and Brazil.

This information was brought to you by Cision http://news.cision.com

Contact:

Atlas Copco
Stephan Kuhn
Business Area President, Compressor Technique
+32 (0)3 870 2938
or
Ola Kinnander, Media Relations Manager
+46 (0)8743 8060 or +46 (0)70 347 2455
 
Press spacebar to pause and continue. Press esc to stop.