Atlas Copco strengthens China presence through joint ventures with Hongwuhuan Group
Stockholm, Sweden, March 2, 2017: Atlas Copco, a leading provider of sustainable productivity solutions, has entered into two joint ventures with Hongwuhuan Group to develop, manufacture and sell equipment for the Chinese mining and civil engineering market.The equipment involves highly productive and energy efficient surface drilling rigs and rock drilling tools. One of the joint ventures will focus on development and manufacturing, based in Quzhou, and the other joint venture will focus on sales, based in Shanghai. “Together with this professional Chinese company we will provide