Atlas Copco Inaugurates New Facility in China.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. (STO:ATCOA) (STO:ATCOB) has today inaugurated a new 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 manufacturing plant in Shanghai, China. The new plant is a part of Shanghai Bolaite Compressor Co., Ltd. and will strengthen the company's offer on the Chinese market. Based in Jiading District Jiading District (Simplified Chinese: 嘉定区; Traditional Chinese: 嘉定區; Pinyin: Jiādìng Qū Shanghai, the new production facility will manufacture piston compressors and oil-injected screw compressors below 450 kW. The new facility will not only include production capabilities, but also includes a customer center and a product development facility, employing a total of 265 people. "We believe our new state-of-the-art facility signals the start of a new phase for the development of the Bolaite brand and will allow us to better service the needs of our clients, and enhance our position in the fast growing Chinese market," says Ronnie Leten, President of Atlas Copco's business area Compressor Technique. The new facility has been built in accordance with Atlas Copco's standard criteria which include a concept for the basic factory layout and principles for marketing and after-sales services after-sales service n (BRIT) (COMM) (for car, washing machine etc) → servicio de asistencia pos-venta after-sales service n → service m . Atlas Copco also requires environmental certification in compliance with ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 14000 and the new factory is therefore, amongst other things, equipped with an advanced sewage treatment Sewage treatment Unit processes used to separate, modify, remove, and destroy objectionable, hazardous, and pathogenic substances carried by wastewater in solution or suspension in order to render the water fit and safe for intended uses. system. Bolaite was established in 1999 and acquired by Atlas Copco in 2006. Over the years, Bolaite has built up solid sales and service structure, and has an extensive distribution network in China. The company is a part of Atlas Copco Compressor Technique's Industrial Air and Oilfree Division. Atlas Copco may be required to disclose the information provided herein pursuant to the Securities Markets Act. The information was submitted for publication at 08:45 on March 20, 2008. 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 135 years of experience, Atlas Copco innovates for superior productivity. Headquartered in Stockholm, Sweden, the Group's global reach spans more than 160 markets. In 2007, Atlas Copco had 33 000 employees and revenues of BSEK 63 (BEUR 6.7). Learn more at www.atlascopco.com This information was brought to you by Cision http://newsroom.cision.com |
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