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Atlas Copco opens new production facility in China
Tuesday, 12 March 2013Today Atlas Copco said it inaugurated a new manufacturing facility in China, which is designed, to produce high-efficiency compressors and generators, meeting the growing demand for such industrial equipment throughout Asia.
In a press release, the company writes that 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 in the press release, adding that “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.
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, the company said.
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