Atlas Copco Completes Acquisition of Canadian Manufacturer of Drilling Consumables.STOCKHOLM, Sweden -- Atlas Copco Atlas Copco is a Swedish industrial company that was founded in 1873. It manufactures industrial tooling and equipment. The Atlas Copco Group, founded already in 1873, is a global industrial group of companies headquartered in Stockholm, Sweden. Canada Inc. (STO:ATCOA) (STO:ATCOB) has acquired the global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. of Team Manufacturing, known as Thiessen Team Mining Products, from Thiessen Equipment Ltd, Canada. Thiessen Team has annual revenues of approximately MSEK MSEK Meyer, Suozzi, English & Klein (New York law firm) MSEK Million Swedish Kroner 160 (MEUR MEUR Million Euros 17) and 142 employees. Thiessen Team is a leading manufacturer of consumables for rotary drilling and raise boring. The company has its head office and manufacturing facilities in Langley Lang·ley , Mount A peak, 4,227.9 m (14,026 ft) high, in the Sierra Nevada of southern California. lang·ley n. pl. (Vancouver), Canada. The company also has manufacturing facilities, sales offices and distributors/agents in several countries. The acquisition brings with it products that complement Atlas Copco Secoroc's existing range of drilling consumables. It fits in with Atlas Copco Construction and Mining Technique business area's strategy of offering a more complete product assortment to surface mining and raise boring markets and of increasing revenues through consumables sales. The acquired business will become part of the Secoroc division within the Atlas Copco Construction and Mining Technique business area. It will operate under the Atlas Copco brand. Atlas Copco is a world leading provider of industrial productivity solutions. The products and services range from compressed air compressed air, air whose volume has been decreased by the application of pressure. Air is compressed by various devices, including the simple hand pump and the reciprocating, rotary, centrifugal, and axial-flow compressors. and gas equipment, generators, construction and mining equipment, industrial tools and assembly systems, to related aftermarket Aftermarket See: Secondary market. aftermarket See secondary market. and rental. In close cooperation with customers and business partners, and with more than 130 years of experience, Atlas Copco innovates for superior productivity. Headquartered in Stockholm, Sweden, the Group's global reach spans more than 150 markets. In 2005, Atlas Copco had 27 000 employees and revenues of BSEK 53 (MSEK 5 600). Learn more on www.atlascopco.com. Atlas Copco Secoroc is a division within the business area Construction and Mining Technique of the Atlas Copco Group. The division develops, manufactures and markets rock drilling tools, and has established a world-wide leading position. The products are used for rock excavation within the mining and construction business for both surface and underground applications. The division's headquarters are located in Fagersta, Sweden. The division has eight production plants on four continents. More information is available on www.atlascopco.com. This information was brought to you by Waymaker http://www.waymaker.net |
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