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Atlas Copco Creates its First Service Division.


STOCKHOLM, Sweden -- Regulatory News:

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.
 Compressor compressor, machine that decreases the volume of air or other gas by the application of pressure. Compressor types range from the simple hand pump and the piston-equipped compressor used to inflate tires to machines that use a rotating, bladed element to achieve  Technique (STO:ATCOA) (STO:ATCOB) has decided to merge its customer service and spare parts Spare parts, also referred to as Service Parts is a term used to indicate extra parts available and in proximity to the mechanical item, such as a automobile, boat, engine, for which they might be used.

Spare parts are also called “spares.
 operations into a dedicated service division. The step, which is part of the Group's strategy to strengthen its aftermarket Aftermarket

See: Secondary market.


aftermarket

See secondary market.
 offering, will support the growth and profitability of the business area.

"By combining our service operations we will strengthen the cost competitiveness of the business and improve the service we give our customers," says Ronnie Leten, President of Atlas Copco Compressor Technique. "This will serve to grow our aftermarket business and gives an increased focus also within the equipment divisions."

The mission of the Compressor Technique Service division is to be the global leader in customer service, providing all service of compressors needed by Atlas Copco customers, with an extended range of offers. The gains from creating a single division include focused purchasing and the coordination of overlapping functions. The other operational divisions of Atlas Copco Compressor Technique are Industrial Air, Oil-free Air, Gas and Process, Portable Air and Specialty Rental.

The Atlas Copco Group has experienced increasing demand from customers to provide full packages of equipment as well as service, training and spare parts. Atlas Atlas, in Greek mythology
Atlas (ăt`ləs), in Greek mythology, a Titan; son of Iapetus and Clymene and the brother of Prometheus.
 Copco's business areas Construction and Mining Technique and Industrial Technique also have organizations in place for focusing on the service offering. The aftermarket, including specialty rental, last year generated about 40% of the Group's net sales Net Sales

The amount a seller receives from the buyer after costs associated with the sale are deducted.

Notes:
This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight
.

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 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 2006, Atlas Copco had 25 900 employees and revenues of BSEK 51 (BEUR 5.6). Learn more at www.atlascopco.com.

Atlas Copco's Compressor Technique business area develops, manufactures, markets, and services oil-free and oil-injected stationary air (Physiol.) the air which under ordinary circumstances does not leave the lungs in respiration.

See also: Stationary
 compressors, portable air compressors, gas and process compressors, turbo TURBO A clinical trial–The Ultrasound Removal of Blood Clots in Vein Grafts  expanders, electric power generators, air treatment equipment and air management systems. It also offers specialty rental services. It innovates for superior productivity in applications such as manufacturing, construction, and the process industry worldwide. Principal product development and main manufacturing units are in Antwerp, Belgium. More information is available on www.atlascopco.com.

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Publication:Business Wire
Date:Oct 18, 2007
Words:416
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