MONTREAL, Feb. 21, 2013 /CNW Telbec/ - Atlas Copco, recognized as one of the world's most innovative and
sustainable companies, today celebrates 140 years of industrial
excellence with a range of activities in the more than 90 countries
where it has its own operations.
Atlas Copco, which today celebrates 140 years as a leading industrial
company, has been an intrinsic part of the Canadian market since its
establishment in 1949. When George Blomdal, a Norwegian Engineer,
introduced to the Northern Ontario mining market the now famous Swedish Method of using a handheld rock drill with pusher leg, history was in the
making. Today, with 33 locations across Canada and its broad
distributor' network, Atlas Copco confirms its ambition to be close to
their customers and its commitment to support their sustainable
"Celebrating 140 years is a fantastic opportunity to strengthen customer
focus and relations further, to translate our values into daily
activities, and to capture synergies," said Louka Geladi, Vice President of Atlas Copco Canada Inc. "It is a great occasion to create pride among employees and to make them
enthusiastic about future opportunities. Our history guarantees
long-term industrial experience as well as innovative products and
solutions to current and new customers, to suppliers as well as to
current and future employees."
Also marking the 140-years since the company's 1873 foundation, Atlas
Copco's President and CEO Ronnie Leten today is ringing the opening
bell at the NASDAQ stock exchange in New York, U.S. The shares of
Atlas Copco, the biggest industrial company by market capitalization in
Europe's Nordic region, are listed on NASDAQ OMX in Stockholm, Sweden,
where the company is based.
Other events around the world today include the inauguration of a new
compressor manufacturing plant near Pune, India, a donation of KUSD 60
(KSEK 390) to safe drinking water projects from Atlas Copco's Water for
All organization in the US, and several customer events in Australia.
A podcast with an exciting audio history of this industrial icon is
available for download on atlascopco.com/history. On the history section there is also a new e-book describing some of
Atlas Copco's many achievements during the past 140 years.
Atlas Copco develops and supplies machinery such as rock drills, power
tools, construction equipment and compressors to customers in
industries spanning from automotive, mining and road construction to
aerospace, food and beverages, and pharmaceuticals.
Last month, Atlas Copco earned a spot on the Global 100 Most Sustainable
Corporations in the world list, the most prestigious corporate
sustainability ranking. The Global 100 recognized Atlas Copco for its
commitment to sustainable productivity and its work and achievements of
doing more with less: For instance, the development of new innovative,
highly energy-efficient products that save customers money and benefit
the environment at the same time.
Atlas Copco's long history is filled with cutting-edge product
innovations. Highlights include introducing the first light rock drills
in 1905, manufacturing the first portable air compressor that same
year, introducing the world´s first serial-produced hydraulic breakers
in 1966, and launching new error-proof and low-energy tightening tools.
The landmark projects that Atlas Copco has been involved in are almost
too numerous to mention. One is helping to build the Mont Blanc Tunnel
across the France-Italian border, then the world's longest highway
tunnel, in the 1950s and 1960s. In the 1980s Atlas Copco got a dinosaur
species named after it - Atlascopcosaurus Lourdsi - in appreciation of
the equipment and assistance the company provided that helped unearth
the skeleton in Australia.
Atlas Copco has steadily expanded its global presence. It's established
own operations for example in Kenya 1936, in the United States 1950 and
in India 1960, and last year added seven countries including Senegal
and Tanzania. Atlas Copco now operates in more than 180 countries.
Atlas Copco is an industrial group with world-leading positions in compressors,
expanders and air treatment systems, construction and mining equipment,
power tools and assembly systems. With innovative products and
services, Atlas Copco delivers solutions for sustainable productivity.
The company was founded in 1873, is based in Stockholm, Sweden, and has
a global reach spanning more than 180 countries. In 2012, Atlas Copco
had 39 800 employees and revenues of BSEK 90.5 (BEUR 10.5). Learn more
In 2013 Atlas Copco, ranked as one of the most innovative and
sustainable companies in the world, celebrates 140 years of profitable
growth. At the beginning the company made products for railways, but
the core of Atlas Copco's business dates back to the early years of the
20th century when the first compressors, tools and rock drills were
manufactured. Today, the Atlas Copco Group has world-leading positions
in these areas and many others. Atlas Copco supports customers in 180
countries with own operations in 90 countries. Read the story about a
company that believes 'there is always a better way' on www.atlascopco.com/history.
Image with caption: "Atlas Copco celebrates 140 years of industry innovation. (CNW Group/ATLAS COPCO CANADA)". Image available at: http://photos.newswire.ca/images/download/20130221_C6914_PHOTO_EN_23885.jpg
SOURCE: ATLAS COPCO CANADA
For further information:
Louka Geladi, Vice President
Atlas Copco Canada Inc.
30 Montrose, Dollar-des-Ormeaux, Quebec
Danielle Dargis, Communication