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Atlas Copco Rental Inc. Becomes PRIME Energy Systems.


HOUSTON--(BUSINESS WIRE)--Oct. 3, 1998--Prime Service Inc. assumes operations of 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.
 Rental Inc., and renames the company PRIME Energy Systems.

Prime Service Inc. will now operate PRIME Equipment and PRIME Energy Systems. Atlas Copco Rental Inc., formerly rented Atlas Copco oil-free air compressors throughout 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. . PRIME Energy Systems will offer Atlas Copco oil free air compressors along with power generation equipment, climate control equipment and accessories.

During the past year, the Atlas Copco group evaluated the extensive operating and management systems of Prime Service Inc., and decided to centralize cen·tral·ize  
v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es

v.tr.
1. To draw into or toward a center; consolidate.

2.
 the technical expertise of Atlas Copco Rental Inc., into the systems of Prime Service Inc. The uniting of these companies combines strong products, expert personnel and combined experience of over 80 years. Thomas Bennett Thomas Bennett may refer to:
  • Thomas Bennett (architect) (1887-1980), British architect, responsible for much of the development of the Crawley and Stevenage
  • Thomas Bennett Community College in Crawley, England, named for the architect
  • Thomas W.
, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Prime Service Inc., stated, "We are excited about the synergy PRIME Equipment and PRIME Energy Systems will bring to the rental market place." And describes the uniting as... "1 plus 1 equals 3 with the combined value-added the benefits we will bring to our customers."

Prime Service Inc. now operates 172 locations for both PRIME Equipment and PRIME Energy Systems within the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Mexico, Canada and Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. . Prime Service Inc., operating as PRIME Equipment and PRIME Energy Systems is a leader in the equipment rental industry and represents hundreds of different types of equipment, including aerial manlifts, portable air compressors, forklifts and light earthmoving equipment, as well as small equipment such as power tools. Prime Service Inc. has a base of over 100,000 customers ranging from Fortune 500 companies to subcontractors and homeowners.

The Atlas Copco Group, based in Sweden, is an international industrial group of companies and is among the world's leading suppliers of products and services in the areas of air and gas compression, industrial manufacturing, rock excavation, light construction and demolition, as well as installation, repair and service.
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Oct 5, 1998
Words:314
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