Atlas Copco Inaugurates New Factory 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) enforces its position in China by opening a new manufacturing plant in Wuxi. The new plant replaces an old factory and provides improved working environment as well as increased capacity opportunities. Based in, Wuxi, the new production facility will manufacture diamond bits, primarily for the regional markets, as well as casing shoes The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. and reaming shells for global markets. "China is one of Atlas Copco's focus markets. Our new manufacturing facility will provide us with a strong base for further growth in the Chinese market as well as a supply support to global markets," says Bjorn Rosengren, Business Area President, Construction and Mining Technique. The new factory meets all Atlas Copco standards for manufacturing facilities. 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. 9001 certification has already been achieved and work towards an environmental certification in compliance with ISO 14001 is in progress. 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. The unit currently employs 51 people, all with experience from the previous factory. The new facility belongs to Atlas Copco (Wuxi) Exploration Equipment Ltd in the Atlas Copco Geotechnical Drilling and Exploration division. Atlas Copco may be required to disclose the information provided herein pursuant to the Securities Markets Act. 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 Atlas Copco Geotechnical Drilling and Exploration is a division within Atlas Copco's Construction and Mining Technique business area. It develops, manufactures, and markets equipment for exploration drilling and ground engineering. The division is headquartered in Marsta, Sweden, and its production is organized in specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. competence centers in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, Africa, and Asia. This information was brought to you by Cision http://newsroom.cision.com |
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