Atlas Copco, Stockholm, Sweden, will establish a factory for assembly of pneumatic tools in Hungary. The move involves transferring production of these tools from Hemel Hempstead, Great Britain.
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This is part of our strategy to increase sourcing from Eastern Europe and  ; Asia,” says Fredrik M& ouml; ller, business unit president, Atlas Copco Industrial Technique.  ; “By establishing production in  ; Hungary, we are lowering our cost base and safeguarding our future growth prospects.
The factory, close to  ; Budapest, will become fully operational during the first quarter of 2008.
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The supplier said that Great Britain is an important market for Atlas Copco and the changes will not have any effect on the marketing, sales …
