Atlas Copco Inaugurates New Factory in China.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. has today inaugurated a new compressor manufacturing plant in Liuzhou in Southern China. The production unit will produce oil-injected screw compressors and portable compressors, mainly of the Liutech brand for the Asian market. The new facility, which is part of the Compressor Technique business area, will organize production in a more efficient and modern way in order to address a need for increased capacity. The investment, worth more than MSEK MSEK Meyer, Suozzi, English & Klein (New York law firm) MSEK Million Swedish Kroner 45 (MEUR MEUR Million Euros 4.8), is not only in a production plant, but also includes a customer center and a product development facility, employing in total 273 people. The new factory has a modern layout according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the principles of lean manufacturing Lean manufacturing is the production of goods using less of everything compared to mass production: less human effort, less manufacturing space, less investment in tools, and less engineering time to develop a new product. . Its controlled material flows will reduce production lead times and ensure a high quality of products and shorter delivery time for customers. Says Bengt Kvarnback, Business Area President, Atlas Copco Compressor Technique: "Atlas Copco's compressor business is constantly growing in China and we simply outgrew out·grew v. Past tense of outgrow. the previous Liutech premises. With the possibility to increase production capacity, and a high and consistent facility level, we are confident that we will better serve customers and also create new opportunities for employment in the future." Atlas Copco's Construction and Mining Technique business area has also inaugurated its new manufacturing plant in China. Atlas Copco (Nanjing) Construction and Mining Equipment Ltd was officially opened in Nanjing on April 19, 2006. It assembles construction and mining equipment, mainly surface and underground drill rigs for the Chinese market and selected overseas markets, and employs 63 people plus another 40 in the customer center. 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 2005, Atlas Copco had 27 000 employees and revenues of BSEK 53 (MEUR 5 600). Learn more at www.atlascopco.com. This information was brought to you by Waymaker http://www.waymaker.net |
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