NewswireToday - /newswire/ -
Stockholm, Sweden, 2013/09/03 - Atlas Copco is reducing capacity at its facility in Örebro, Sweden, in response to continued weak global demand for mining equipment. The adjustment will affect an estimated 163 employees in Örebro - AtlasCopco.com.
“The market for mining equipment continues to be weak, and we have to adjust capacity accordingly,” said Johan Halling, President of the Mining and Rock Excavation Technique business area. “It’s very unfortunate that some employees are directly affected, but we will do our best to support them in this difficult situation.”
Employees and the local labor unions in Örebro were informed today that 110 blue-collar workers and 53 white-collar workers are affected. More than 1 700 people currently work at Atlas Copco Rock Drills AB in Örebro, which manufactures equipment used in mines and quarries as well as for construction.
For further information please contact:
Johan Halling, Business Area President, Mining and Rock Excavation Technique +46 (0)8 743 8314
Atlas Copco (atlascopco.com) is an industrial group with world-leading positions in compressors, expanders and air treatment systems, construction and mining equipment, power tools and assembly systems. With innovative products and services, Atlas Copco delivers solutions for sustainable productivity. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2012, Atlas Copco had 39 800 employees and revenues of BSEK 90.5 (BEUR 10.5).
Atlas Copco’s Mining and Rock Excavation Technique business area provides equipment for drilling and rock excavation, a complete range of related consumables and service through a global network. The business area innovates for sustainable productivity in surface and underground mining, infrastructure, civil works, well drilling and geotechnical applications. Principal product development and manufacturing units are located in Sweden, the United States, Canada, China and India.