Atlas Copco News, Videos, and Information

Mon February 23, 2004

Atlas Copco to Form Joint Venture Power Tools Business

Atlas Copco Investment Company Ltd. has signed a contract to acquire assets of air tool manufacturer Qingdao Qianshao Precision Machinery Corp., in China and form a joint venture. The purchase price was not disclosed and the purchase is subject to approval from local authorities....

Fri February 20, 2004

Atlas Copco to Buy Ingersoll-Rand Drilling Solutions

Ingersoll-Rand has agreed to sell its Drilling Solutions business unit to Atlas Copco AB, headquartered in Stockholm, Sweden, for approximately $225 million. The transaction, which is expected to be completed in the second quarter of 2004, is subject to government regulatory approvals....

Wed May 07, 2003

Atlas Copco Appoints New COO for Rental Service

Effective June 16, 2003, Tom Zorn has been appointed chief operational officer (COO) of Atlas Copco’s U.S.- based Rental Service Business Area (Rental Service Corporation). Zorn, who has long experience from the rental business, is currently president of the Directional Marketing Division of TMP Worldwide....

Tue March 20, 2001

Atlas Copco Rental Service Announces Slow Start

Atlas Copco Rental Service announced a slow start of the year. "The rationalization and efficiency measures announced in relation to the merger between Prime and RSC have been executed, but we must take further actions to achieve targeted operating results," said Tom Bennett, business area executive for Rental Service....