Atlas Copco has consolidated its position in China by opening a new manufacturing plant in Wuxi.
The new plant replaces an old factory and provides an improved working environment as well as the opportunity to increase capacity.
Based in, Wuxi, the new production facility will manufacture diamond bits, primarily for the regional markets, as well as casing shoes and reaming shells for global markets.
"China is one of Atlas Copco's focus markets. Our new manufacturing facility will provide us with a strong base for further growth in the Chinese market as well as a supply support to global markets," said Bjorn Rosengren, business area president, construction and mining techniques.
The new factory meets all Atlas Copco's standards for manufacturing facilities. ISO 9001 certification has already been achieved and work towards an environmental certification in compliance with ISO 14001 is in progress.
The unit currently employs 51 people, all with experience from the previous factory.
The new facility belongs to Atlas Copco (Wuxi) Exploration Equipment Ltd in the Atlas Copco Geotechnical Drilling and Exploration division.
Headquartered in Stockholm, Sweden, Atlas Copco is a leading provider of industrial productivity solutions. Its products and services range from compressed air and gas equipment, generators, construction and mining equipment, industrial tools and assembly systems, to related aftermarket and rental services.