The Hindu Business Line : Atlas Copco setting up new unit in Nashik

Pune, Sept 26 Atlas Copco (India) Ltd is setting up a new unit for the production of compactors and pavers at Nashik, and will invest Rs 17 crore in the project.

The ground breaking ceremony for the project was performed by Mr Claes Ahrengart, President, Atlas Copco, Road Construction Equipment division.

The first compactor will roll out by the third quarter of 2008.

A compactor is a machine or mechanism used to reduce the size of waste material or soil through compaction.

New facility

In line with consolidating the manufacture of its construction and mining equipment business at Nashik, the company also unveiled a new, hi-tech plant today.

The facility, which involves an investment of Rs 28 crore, was inaugurated by Mr Bjorn Rosengren, President of Atlas Copco’s business area Construction and Mining Technique.

3 manufacturing units

The factory currently has three manufacturing units covering products such as surface drilling equipment, rotary blast-hole and water-well drills, down-the-hole hammers and construction tools.

The surface drilling plant is the largest facility for manufacturing of pneumatic crawlers in the Atlas Copco Group, while the rotary blast-hole plant is Atlas Copco’s only such facility outside the US.

The construction tools plant is the sourcing hub for handheld pneumatic tools for the group.

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