Atlas Copco increases rock drilling production

By Helen Wright22 December 2010

Björn Rosengren, president of Atlas Copco CMT

Björn Rosengren, president of Atlas Copco CMT

Atlas Copco is investing SEK 450 million (US$ 65 million) to expand production capacity for rock drilling tools in its Swedish operation.

Demand from the mining and construction industries has increased and the company said it would invest in modern machine technology in order to boost capacity at the Swedish plant.

Atlas Copco's plant in Fagersta manufactures rock drilling tools to supply complete drill strings for the global mining and construction markets.

Björn Rosengren, business area president at Atlas Copco Construction and Mining Technique said the investment in state-of-the-art equipment "will increase output and reduce lead times significantly".

The company said work on the investment would start immediately and the effects are expected to be realised gradually in 2012 and more fully from 2013.

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, Construction Europe Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
More News from Construction Europe
Strong second quarter figures from CNH
Company reports increases in order books
Sales for Caterpillar’s construction segment up 40%
Cat sees strong growth in second quarter of 2021 reflecting ‘continued improvement’ in markets
Terex bounces back in first half
Second quarter 2021 sales up 50%, with strong growth in AWP and material processing segements 
CONNECT WITH THE TEAM
Leila Steed Editor, Construction Europe Tel: +44 (0)1892 786261 E-mail: leila.steed@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA