ATLAS COPCO GROUP TO SPLIT

The Atlas Copco Board is proposing a split of Atlas Copco Group, which will turn the Mining and Rock Excavation Technique and Construction Tools into a separate company.

This new company will be dedicated to customers within mining and civil engineering.

The new mining and civil engineering company will include 12,000 employees from all divisions within Mining and Rock Excavation Technique and Construction Tools and related services. It will have its own dedicated Board and CEO to allow the new company a more agile company governance and faster response to market requirements, according to the company.

Operationally, however, there will not be any changes to the existing structure, as there already is a solid organization in place. This will further enable investments in growth areas like automation, digitalization and service excellence.

“This is a fantastic opportunity. With the new company solely dedicated to mining and civil engineering we can serve our customers even better than today,” said Helena Hedblom, Business Area President, Mining and Rock Excavation Technique. “From an organizational point of view there will be no changes. We have strong Customer Centers, professional people, excellent products and superior services. Our customer support will be reinforced as we can run operations more focused from present premises.”

“We welcome eventually being led by a board and management team fully dedicated to the mining and construction markets,” said Torbjorn Redaelli, President and General Manager, Atlas Copco Mining and Construction USA LLC. “It will allow us to be even more agile and responsive to the specific needs of our customers in those markets and to develop competitive products and support capabilities at a faster pace.”

The new company will be listed on the Nasdaq Stockholm stock exchange in mid-2018 following approval at the Atlas Copco Annual General Meeting in April 2018.

Source: Atlas Copco  https://www.constructionequipment.com/atlas-copco-group-split

Recent News

 
Versatile Carmix takes concrete to North Mara Gold Mine in Tanzania
    The gold mine in North Mara is situated in the north-west of Tanzania, at about 100 kilometres east of Lake Victoria and 20 kilometres south of the border with Kenya. The gold mine works an average of 8,000 tonnes of minerals a day and produced 287,188 ounces of gold in 2015. The gold
WORKERS’ MEMORIAL DAY
Workers’ Memorial Day, observed each year on April 28, honors workers killed, injured, or made ill at work. Since 1992, BLS has collected data on both nonfatal work injuries and illnesses that result in days away from work, and fatal work injuries. In 2015, the occupations with the highest number of nonfatal injuries and illnesses
TOP 15 CONSIDERATIONS FOR MAINTAINING UNDERCARRIAGE HEALTH AND PRODUCTIVITY
The undercarriage of a machine represents a significant portion of a piece of equipment’s purchase price. Proper maintenance and operation practices are critical for protecting your equipment investment. Undercarriage maintenance is critical to the overall productivity of a machine. It is the mechanism that gives tracked machines much of their power and stability. It also
Deere Adds 8-Year / 20K Hour Warranty on 944K Electric-Drive Components
John Deere is now offering a 96-month / 20,000-hour power electronic components warranty on the Deere 944K hybrid wheel loader. The warranty is retroactive to existing machines in the field and provided on new 944K loaders through October 31, 2018. The warranty includes a 96-month (eight-year) or 20,000-hour (whichever comes first) non-prorated assurance on wheel
VERMEER SILVER SERIES DRILL RODS COMPOSED OF S135 COMMON GRADE STEEL
  Vermeer’s Silver Series drill rod is composed of S135 common grade steel and is threaded in the same facility as the company’s Firestick drill rod with the same column wall thickness. The Silver Series drill rod is available in four sizes: 1.66-inch, 1.9-inch, 2.06-inch, and 2.375-inch, for use on the D7x11 through the D24x40
CHILE: Construcción regional cae 7,5% y suma dos meses con cifras en rojo
Datos de Cámara Chilena de la Construcción estimaron retroceso de 7,5% en febrero que se suma al -10% de enero. Se busca consolidar esfuerzos público-privados para enmendar el rumbo. Por primera vez desde el año 2002, cuando se comenzó a publicar el Índice de Actividad de la Construcción Regional (INACOR), la Región de Coquimbo inicia

About Us

 
In Tractopart we supply quality construction Parts and Heavy Equipment Parts with excellent discount rate for New , Used Rebuilt & Surplus parts for excavators, Wheel loader dozers, and undercarriage for all heavy equipment brands, we are locate in Miami, Fl

Contact Info

 

At Tractopart we focus on providing high quality parts at a great price. Our parts are subjected to rigorous inspection procedures that allow us to ensure product quality.


Phone: 786.219.1010
Email: sales@tractopart.com
Main Office: 3505 South Ocean Drive #204
Hollywood, FL 33019