STOCKHOLM--(BUSINESS WIRE)-- Today Atlas Copco (STO:ATCOA) (STO:ATCOB) inaugurated a new manufacturing facility in China. The new factory will produce high-efficiency compressors and generators, meeting the growing demand for such industrial equipment throughout Asia.
The new plant, located in Wuxi in the Jiangsu province in eastern China, will manufacture small and medium-sized industrial air compressors, and portable diesel and electric-driven compressors and generators.
“This top-modern production facility will be key to our effort to expand our presence in China and across Asia,” said Stephan Kuhn, Business Area President of Atlas Copco Compressor Technique. “The Asian market has vast growth potential, and this plant helps us ensure we are close to our many customers in the region.”
The investment for the plant, which includes a test lab and an R&D center, amounts to approximately MSEK 165 (MRMB 160.) The facility is expected to employ about 280 people. The plant is built according to the Leadership in Energy and Environmental Design standard for sustainable site development.
Including the Wuxi plant, Atlas Copco now operates 16 manufacturing facilities and 236 offices in China and has approximately 5 700 employees in the country.
Atlas Copco is an industrial group with world-leading positions in compressors, expanders and air treatment systems, construction and mining equipment, power tools and assembly systems. With innovative products and services, Atlas Copco delivers solutions for sustainable productivity. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2012, Atlas Copco had 39 800 employees and revenues of BSEK 90.5 (BEUR 10.5). Learn more at www.atlascopco.com.
Atlas Copco’s Compressor Technique business area provides industrial compressors, gas and process compressors and expanders, air and gas treatment equipment and air management systems. It has a global service network and offers specialty rental services. Compressor Technique innovates for sustainable productivity in the manufacturing, oil and gas, and process industries. Principal product development and manufacturing units are located in Belgium, Germany, the United States, China and India.
Atlas Copco’s Construction Technique business area provides construction and demolition tools, portable compressors, pumps and generators, lighting towers, and compaction and paving equipment. It offers service through a global network. Construction Technique innovates for sustainable productivity in infrastructure, civil works and road construction projects. Principal product development and manufacturing units are located in Belgium, Germany, Sweden, China and Brazil.
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Business Area President, Compressor Technique
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Ola Kinnander, Media Relations Manager
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Source: Atlas Copco