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Sweden's Atlas Copco Kicks Off China HQ Project for Industrial Compressor R&D and Manufacturing

Source:Tencent 2024-12-30 14:19:05

On June 26, Atlas Copco, a renowned Swedish manufacturer of industrial compressors, officially commenced the construction of its China headquarters for R&D and manufacturing of industrial compressors. This significant project, with a total investment of nearly RMB 3 billion (approximately USD 414 million), marks the largest investment ever made by Atlas Copco's compressor technology division in its 27-year history.

 

Atlas Copco first established its presence in China's mainland in 1994 with a production base in Wuxi, where it has experienced consistent and robust business growth over the years. The newly launched project aims to construct an advanced and intelligent green factory to enhance the production capacity of core equipment and components. Upon completion, it will stand as one of Atlas Copco's largest manufacturing and product research bases for industrial cng station compressor globally.

 

The factory will incorporate state-of-the-art technologies and sustainable practices, aligning with Atlas Copco's commitment to innovation and environmental responsibility. This investment underscores the company's confidence in the Chinese market and its commitment to expanding its footprint in the region.

 

The project not only signifies Atlas Copco's deepening engagement with the Chinese market but also demonstrates the growing importance of China as a hub for advanced manufacturing and R&D in the industrial compressor sector. As China continues to push for industrial upgrades and green transformations, Atlas Copco's advanced manufacturing capabilities and sustainable practices are poised to play a pivotal role in driving the industry forward.