Division will change its name to medical gas solutions.
Latest In Atlas Copco
Acquisitions will strengthen Atlas Copco's presence in Gulf Coast region.
Geawelltech to become part of surface and exploration drilling division.
CEO: Industrial demand stable, but mining continues to be a challenge.
Tentec develops bolt-tightening solutions.
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CEO: Mining equipment demand remained weak.
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The U.S.-based company is a provider of pneumatic light construction tools.
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Edwards vacuum solutions are used in manufacturing processes.
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CEO: Demand for mining equipment was soft.
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Equipment demand weakened as the mining sector and much of Europe continued to struggle.
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Acquired business has strong customer base in the German automotive industry.
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U.S.-based Quincy Compressor, an Atlas Copco subsidiary, will open a new store to service Quincy products in the region.
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Shandong Rock Drilling Tools had sales in 2012 of RMB 393 million (US$62.1 million).
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Near-term demand expected to “decrease somewhat.”
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