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Atlas Copco Opens Vacuum Solutions Plant in China - Atlas Copco, a leading provider of sustainable productivity solutions, today formally inaugurates a manufacturing facility for Edwards vacuum and abatement solutions in Qingdao, China - EdwardsVacuum.com
Atlas Copco Opens Vacuum Solutions Plant in China

 

PRZOOM - /newswire/ - Stockholm, Sweden, 2015/09/22 - Atlas Copco, a leading provider of sustainable productivity solutions, today formally inaugurates a manufacturing facility for Edwards vacuum and abatement solutions in Qingdao, China - EdwardsVacuum.com.

   
 
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Edwards, the vacuum solutions business that became part of the Atlas Copco Group in 2014, uses the Qingdao facility as its global base for the manufacture of rotary-vane and liquid-ring vacuum pumps. Vacuum is used in a wide variety of industrial applications and manufacturing processes to create clean, particle-free environments.

“This state-of-the-art manufacturing facility lets us be close to our customers in China so that we can help them increase their productivity through our innovative vacuum and abatement solutions,” said Atlas Copco President and CEO Ronnie Leten, who is present in Qingdao for the Grand Opening. “This is key to our continuous effort to expand our business in high-growth regions.”

Atlas Copco, through Edwards (edwardsvacuum.com), is investing about MUSD 40 (MSEK 330) over three years in the plant. The investment covers land purchase, construction of the factory, office space as well as application and development labs.

The facility supports the local Qingdao community by initially providing about 200 jobs.

About Atlas Copco

Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and services focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2014, Atlas Copco had revenues of BSEK 94 (BEUR 10.3) and more than 44 000 employees.

 
 
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Agency / Source: Atlas Copco AB

 
 

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Atlas Copco Opens Vacuum Solutions Plant in China

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Atlas Copco | Edwards Vacuum
Contact: Ola Kinnander - AtlasCopco.com 
+46(0)8 743 8060 /+46(0)70 347 2455 media[.]se.atlascopco.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Atlas Copco AB securities in any jurisdiction including any other companies listed or named in this release.

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