Atlas Copco

Type:	Public
Founded:	1873
Headquarters:	Stockholm, Sweden
Key people:	Sune Carlsson (Chairman of the board), Gunnar Brock (President and CEO)
Industry:	Manufacturing
Products:	Compressors and generators, construction and mining equipment, industrial tools and assembly systems
Revenue:	52,742 million SEK (2005)
Employees:	26,200
Website:	http://www.atlascopco.com/

Atlas Copco is a Swedish industrial company that was founded in 1873. It manufactures industrial tooling and equipment. Image File history File links AtlasCopcologo. ... 1873 (MDCCCLXXIII) was a common year starting on Wednesday (see link for calendar). ... Stockholm panorama from the City Hall is the capital of Sweden, and consequently the site of its Government and Parliament as well as the residence of the Swedish head of state, King Carl XVI Gustaf. ... The phrase Chairman of the Board has several meanings: Chairman of the Board is the term used to denote the leader of a corporations board of directors. ... Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ... To meet Wikipedias quality standards, this article or section may require cleanup. ... One million (1000000), one thousand thousand, is the natural number following 999999 and preceding 1000001. ... ISO 4217 Code SEK User(s) Sweden Inflation rate 1. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... Website - Wikipedia, the free encyclopedia /**/ @import /skins-1. ... 1873 (MDCCCLXXIII) was a common year starting on Wednesday (see link for calendar). ...

A global Group offering superior productivity solutions

The Atlas Copco Group, founded already in 1873, is a global industrial group of companies headquartered in Stockholm, Sweden. Revenues for 2005 totaled BSEK 55. The Group employs more than 27 000 people. The Atlas Copco Group manufactures products on 56 production sites in 19 countries.

Atlas Copco companies develop and manufacture industrial tools, compressed air equipment, construction and mining equipment, assembly systems, and offer related service and equipment rental. The products are sold and rented under different brands through a worldwide sales and service network reaching 150 countries, half of which are served by wholly or partly owned sales companies.

The Group operates through a number of divisions within four business areas; Compressor Technique, Construction and Mining Technique, Industrial Technique, and Rental Service. The vision of Atlas Copco is to be a leader in each one of those. This vision is supported by the Group’s values that are shared by all our people; interaction, commitment and innovation.

Company history

• 21. 2. 1873 – Company started as AB Atlas by Eduard Franckel who was financed by A. O. Wallenberg and others.

• 1873 – AB Atlas acquired Ekenbergs Soner, a railway car maker.

• 1890 – AB Atlas underwent liquidation after suffering heavily financially due to competition from smaller nible companies. A.O. Wallenberg, his son and the bank Enskilda Banken helped in restructuring it.

• 1898 – AB Atlas acquired the rights for Sweden to manufacture Rudolf Diesel's engine under a subsidiary company AB Diesels Motorer

• 1901 – the first pneumatic tool was officially added to the production line – a pneumatic riveting hammer which was originally designed for their own workshops.

• 1905 – the first portable compressor was manuafactured* 1911 – AB Atlas completed a move away from railway car manufacturing to more advanced products: (compressors and machines driven by compressors) where competition was less.

• 1917 – AB Atlas consolidated the company under the name AB Atlas Diesel and ceased production of steam engines.

• 1920 – AB Atlas Diesel compressor business was hurt after distribution collapsed due to World War I and demand dropped due to severe depression. This forced the company to emphasize the diesel engine business.

• 1924 – AB Atlas Diesel relocated to Sickla, Nacka and sold some assets to improve liquidity.

• 1948 – AB Atlas Diesel sold out its diesel business after it turned out not to be as profitable as air compressors, despite the company putting lots of effort in it.

• 1956 – AB Atlas Diesel changed its name to Atlas Copco, its current name. The word copco is an acronym of the Belgian equivalent of Compagnie Pneumatique Commerciale. Atlas Copco then acquired Arpic Engineering NV.

• 1968 – The AB Atlas Copco group was divided into three production companies – Atlas Copco Construction Mining and Techniques, Atlas Copco Airpower and Atlas Copco Tools.

• 1975 – AB Atlas Copco bought a majority of Berema – known for lightweight petrol driven rock drills and breakers – a complement to their Cobra drill.

• 1976 – Small compressors for these drills were added, through the acquisition of Mauguiere a French company.

• 2005 – Atlas Copco launches a revolutionary concept for mobile compressor. With an ultra resitent canopy, the HardHat give a new face to mobile compressors in the street. Nice movie at - [1]

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Trivia

In 1984, a dinosaur was found close to Melbourne, Australia and was named Atlascopcosaurus. The company had provided the equipment for the dig. 1984 (MCMLXXXIV) was a leap year starting on Sunday of the Gregorian calendar. ... Orders & Suborders Saurischia Sauropodomorpha Theropoda Ornithischia Thyreophora Ornithopoda Marginocephalia Dinosaurs were vertebrate animals that dominated the terrestrial ecosystem for over 160 million years, first appearing approximately 230 million years ago. ... The City of Melbournes coat of arms The central business district of Melbourne, viewed from the north Alternate meanings: Melbourne (disambiguation) Melbourne is the capital and largest city of the state of Victoria, and the second largest city in Australia, with a population of 52,117 in the Central... Atlascopcosaurus is a hypsilophodont dinosaur found at Dinosaur Cove in Victoria (Australia). ...

External links

• Atlas Copco website