NewswireTODAY - /newswire/ - Nacka, Sweden, 2022/06/29 - Atlas Copco will invest 70 MEUR (720 MSEK) over three years in production capacity and expanded R&D facilities in Antwerp, Belgium - AtlasCopco.com.

The investments include an extension of the Compressor Technique business area’s smart factory, as well as production technology.

The investments in Wilrijk, where Atlas Copco develops and produces compressors, include production technology and machinery, increased R&D capacity through expansion of laboratories, additional production space for key compressor components, and more office space.

Atlas Copco will also continue to invest in upskilling and reskilling the workforce.

“The site in Wilrijk is our most advanced R&D excellence center for compressed air,” said Vagner Rego, Business Area President Compressor Technique. “Here more than 800 engineers develop, test and produce new sustainable technologies and more energy-efficient solutions for our customers. We are investing in creating an attractive and future proof work environment for our employees, putting maximum effort into a lifelong learning mindset.”

About Atlas Copco Group

Great ideas accelerate innovation. At Atlas Copco (atlascopco.com) we have been turning industrial ideas into business-critical benefits since 1873. By listening to our customers and knowing their needs, we deliver value and innovate with the future in mind. In 2021, Atlas Copco had revenues of BSEK111 and at year end about 43 000 employees.

Contact: Daniel Althoff, Vice President Investor Relations
P: +46 76 899 9597 - E: ir[.]atlascopco.com.

Agency / Source: Atlas Copco AB

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