Atlas Copco Closes Rock Drill Factory in China Amid Mining Slump

  • 225 jobs affected as company moves production to Zhangjiakou
  • Move comes in response to cuts in China’s coal production

Atlas Copco AB, the Swedish maker of mining equipment and compressors, said it will close a factory in China that makes rock drills for mining, in response to Chinese cuts in coal production capacity.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.