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Atlas Copco leads innovation with energy-cutting compressor

5/21/2013 3:15 AM EST  -   Atlas Copco
Stockholm, Sweden, May 21, 2013: Atlas Copco has introduced a groundbreaking compressor that sets a new industry standard in energy efficiency. The new compressor can cut energy consumption roughly by half compared to traditional fixed-speed compressors.
The new compressor gained immediate acceptance by the market, selling more than 500 units in the two weeks following the launch last month. It is the result of...

Atlas Copco completes U.S. compressor distribution acquisition

5/3/2013 2:30 AM EST  -   Atlas Copco
Stockholm, Sweden, May 3, 2013: Atlas Copco’s U.S.-based Quincy Compressor LLC has finalized the acquisition of National Pump & Compressor’s air compressor business in the state of Illinois, USA.
Quincy will open a new company store that will serve as a base for the sale and servicing of Quincy’s products in the Illinois region. The business being purchased has distributed Quincy products for more than 60...

Atlas Copco acquires U.S. compressor distribution

4/11/2013 3:45 AM EST  -   Atlas Copco
Stockholm, Sweden, April 11, 2013: Atlas Copco’s U.S.-based Quincy Compressor LLC has agreed to acquire National Pump & Compressor’s air compressor business in the state of Illinois, USA.
Quincy will open a new company store that will serve as a base for the sale and servicing of Quincy’s products in the Illinois region. The business being purchased has distributed Quincy products for more than 60...

Atlas Copco opens new production facility in China

3/12/2013 5:00 AM EST  -   Atlas Copco
Stockholm, Sweden, March 12, 2013: Today Atlas Copco 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...

Atlas Copco acquires French compressor distributor

2/28/2013 2:30 AM EST  -   Atlas Copco
Stockholm, Sweden, February 28, 2013: The French Atlas Copco subsidiary Exlair S.A.S has acquired Air et Techniques Energies Provence (ATEP), a distributor of industrial compressors and related products based in Aix-en-Provence, France.
ATEP was established in 1991 and has about 30 employees. The company is privately owned and has annual revenues of approximately MEUR 6 (MSEK 50).

Headquartered in...

Atlas Copco opens second compressor factory in India

2/25/2013 6:00 AM EST  -   Atlas Copco
Stockholm, Sweden, February 25, 2013: Atlas Copco has inaugurated a new compressor manufacturing plant in India.
Atlas Copco has unveiled a state-of-the-art lean compressor manufacturing facility near Pune, India. The built-up area of 19 000 square meters includes a manufacturing plant and an engineering office building. The factory is built in accordance with LEED (Leadership in Environmental Energy and...

Atlas Copco celebrates 140 years of achievements

2/21/2013 2:00 PM EST  -   Atlas Copco
Stockholm, Sweden, February 21, 2013: Atlas Copco, recognized as one of the world’s most innovative, ethical, and sustainable companies, today celebrates 140 years of industrial excellence with a range of activities in 90 countries where it has its own operations.
“Celebrating 140 years is a fantastic opportunity to further strengthen our customer focus and relations,” said Ronnie Leten, President and CEO of...
Ronnie Leten
 

Ronnie Leten comments on Atlas Copco’s Q4 and full-year results

1/31/2013 6:01 AM EST  -   Atlas Copco
Stockholm, Sweden, January 31, 2013: Atlas Copco today reported solid operating profit, revenue and orders received for the fourth quarter, even as equipment demand continued to soften in many markets and customer segments. The Group posted a record year for 2012.
“A good quarter ended a record year,” said Ronnie Leten, President and CEO of the Atlas Copco Group. “We continue to perform well despite the mixed...

Atlas Copco interim report on Q4 and full-year 2012 summary

1/31/2013 6:00 AM EST  -   Atlas Copco
(unaudited)
A good quarter and a record year

· Order intake decreased to MSEK 21 101, organic decline of 2%
· Revenues increased to MSEK 22 748 (22 290), organic growth of 4%
· Operating profit increased 2% to MSEK 4 687 (4 596)   
-   Including restructuring costs of MSEK 65 (125) and a negative effect of 
    MSEK 127 (116) for share-related long-term incentive programs
· Operating margin at 20.6%...

Atlas Copco to acquire compressor manufacturer in Turkey

6/1/2012 3:00 AM EST  -   Atlas Copco
Stockholm, Sweden, June 1, 2012: Atlas Copco has agreed to acquire the Ekomak Group, a Turkish manufacturer of industrial screw compressors, strengthening its market position in the region. Ekomak has a strong domestic position in industries such as metal works, textile and manufacturing.
Ekomak was established in 1992 and has around 160 employees. It is privately owned and had revenues in the last 12 months of...