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Atlas Copco (Copco from Compagnie Pneumatique Commerciale) is a Swedish multinational industrial company that was founded in 1873. It manufactures industrial tools and equipment. The Atlas Copco Group is a global industrial group of companies headquartered in Nacka, Sweden. In 2019, global revenues totaled SEK 104 billion, and by the end of that year the company employed about 38,774 people. The firm's shares are listed on the Nasdaq Stockholm exchange and both 'A' and 'B' classes form part of the benchmark OMXS30 index. Atlas Copco companies develop, manufacture, service, and rent industrial tools, air compressors (of which it is the world's leading producer), construction and assembly systems. The Group operates in four areas: Compressor Technology, Vacuum Technology, Power Technology and Industrial Technology. History Early development AB Atlas, as it was previously named, was founded by Edvard Fränckel, who was a Swedish industrialist, politician and senior official ...
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Nacka
Nacka () is the municipal seat of Nacka Municipality and part of Stockholm urban area in Sweden. The municipality's name harks back to a 16th-century industrial operation established by the Crown at Nacka farmstead where conditions for water mills are good. However, and somewhat confusingly, that spot is not densely populated today and the municipal seat is on land that once belonged to Järla farmstead on the other side of Lake Järla. Events On 9 December 2014, Stockholm police raided a data center in a former bomb shelter under a hill in Nacka municipality. Although it was rumored the raid targeted popular torrent site The Pirate Bay, officials from The Pirate Bay have revealed that this is false. See also * Sickla Köpkvarter Sickla Köpkvarter is a retail park and shopping district located on a redeveloped industrial estate in Nacka, Sweden. It's wholly owned by Atrium Ljungberg — a real estate company headquartered in the area — and consists of several shoppin ... ...
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Swedish State Railways
The Swedish State Railways ( sv, Statens Järnvägar) or SJ, originally the Royal Railway Board ( sv, Kungl. Järnvägsstyrelsen), was the former government agency responsible for operating the state-owned railways in Sweden. It was created in 1887 as an agency belonging to the Ministry for Civil Service Affairs, with the task of managing all state-owned railway lines in Sweden, and was transferred to the Ministry of Communications in 1920. In 1988, the rail tracks themselves were transferred to the Swedish Rail Administration ( sv, Banverket), and in the upcoming years parts of SJ were gradually transformed into limited companies as a result of the open access obligation introduced by EU Directive 91/440. SJ was disbanded in 2001, with the assets transferred to seven separate companies, the first three owned by the Swedish government and the latter four being privatized: *SJ AB, usually called SJ, the passenger train operator *Green Cargo, which operates freight trains *Jer ...
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Companies Related To The Wallenberg Family
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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Epiroc
Epiroc AB is a Swedish manufacturer of mining and infrastructure equipment. It is headquartered in Stockholm, Sweden and has its manufacturing facilities in Sweden, United States, Canada, Australia, China, India, Japan and Germany. History Epiroc has its roots in Atlas Copco, which was founded in 1873 in Stockholm. It was created as a result of Atlas Copco's decision to split out its legacy business of mining equipment. Atlas Copco began to produce rock drills in 1905. In January 2017, Atlas Copco's Board of Directors decided to propose to the Annual General Meeting that the company be divided, and that the mining and infrastructure business be listed as its own separate company in 2018. Epiroc was officially created on 1 January 2018 and was subsequently listed on the Nasdaq Stockholm stock exchange on June 18, 2018. Epiroc operates as 5 divisions focused on their respective application of mining engineering Mining in the engineering discipline is the extraction of minerals ...
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Leybold GmbH
Leybold GmbH, based in Cologne, is part of the Swedish industry group Atlas Copco. The company’s core competencies are based on the development of components and systems for the generation of vacuum and gas management engineering. History In 1850, the merchant Martin Kothe founded the trading company Kothe, but died a year later. With the introduction of the manager Ernst Leybold in 1851, the company Leybold & Kothe was formed, focusing on the distribution of pharmaceutical and physical-technical equipment and apparatus. In 1863, Ernst Leybold took over the company completely, but resold it in 1870. The company name lived on for some time, however, as E. Leybold’s Nachfolger (E. Leybold’s Successor). The company divested the pharmaceutical sector to focus on propaedeutic and teaching materials, initiating the serial production of vacuum pumps as of 1906. The collaboration with Wolfgang Gaede resulted in the development of the molecular pump (1911), the mercury diffusion ...
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Desoutter Tools
Desoutter Industrial Tools founded in Great Britain in 1914, now headquartered in France, is an industrial manufacturer providing electric and pneumatic assembly tools. Products and services are sold in more than 170 countries through 20 business units. Desoutter Tools is active in fields such as Aerospace, Automotive Industry, Light Assembly and Heavy Vehicles, Off-Road, General Industry. The French companies Georges RenaultLa marque centenaire Desoutter ne connaît pas la crise
2014: "Georges Renault ...lance sa petite entreprise en 1918"- no mention of takeover.
in 1989 and Seti-Tec in 2011, the American Tech-motive in 2005 and the Swedish Scan Rotor in 2004 have been integrated in the Desoutter Tools c ...
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Stanley Black & Decker
Stanley Black & Decker, Inc., formerly known as The Stanley Works, is a Fortune 500 American manufacturer of industrial tools and household hardware and provider of security products. Headquartered in the greater Hartford city of New Britain, Connecticut, Stanley Black & Decker is the result of the merger of Stanley Works and Black & Decker on March 12, 2010. History The Stanley Works came to existence as a direct result of the 1920 merger of Stanley's Bolt Manufactory, founded by Frederick Trent Stanley in 1843, and the Stanley Rule and Level Company, Enormously detailed model history of planes manufactured by Stanley. founded by Frederick's cousin, Henry Stanley, in 1857. During World War II, Stanley Works received the Army-Navy "E" Award for excellence in war production. In May 2002, the company considered moving its corporate headquarters to Bermuda, but public and governmental outcry forced management to reconsider the move. By August 2002, the company had deci ...
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Edwards Vacuum
Edwards Ltd is a British, multinational vacuum and ultra-high vacuum pump manufacturer. It is based in Burgess Hill and has been a subsidiary of Atlas Copco since 2014. Edwards holds 1,700 patents, including for dry (oil-free) vacuum pumps, and produces equipment used for manufacturing semiconductors; scientific research; freeze drying, and in other industries. Its pumps remove contaminants at CERN's Large Hadron Collider. Manufacture is predominantly by subsidiary businesses in Czechoslovakia, South Korea and China. Edwards' global research and development facilities remain in the UK. Major customers in 2012 included Samsung, Hynix, Agilent and LG. History Independent In 1919, physicist Frederick David (F E) Edwards and his father William founded their eponymous business in Camberwell as Edwards Equipment and Services, importing vacuum equipment from Germany's Leybold. Cut off from its supplier because of World War II, and with German patents voided in the UK ...
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Techtronic Industries
Techtronic Industries Company Limited (TTI Group or TTI) is a Hong Kong-based, multinational company that designs, produces, and markets power tools; outdoor power equipment; hand tools, and floor care appliances. It pioneered cordless power tools powered by lithium-ion rechargeable batteries. TTI manufactures in China, Vietnam, the U.S., Mexico and Europe, and in 2021, had annual sales of US$13.2 billion. History In 1985, TTI was founded by Horst Julius Pudwill and Roy Chi Ping Chung as an original equipment manufacturer for overseas brands. In 1987, it began to produce Craftsman cordless power tools for Sears followed by cordless, handheld vacuum cleaners for Bissell. In 1990, TTI listed on the Hong Kong Stock Exchange under stock code 0669 by initial public offering. Its ADRs also trade on Nasdaq as TTNDY. In 2019, the company's shares became one of the 50 constituents of the Hang Seng Index. Techtronic purchased Milwaukee Electric Tool from Atlas Copco in 2005 and beg ...
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Milwaukee Electric Tool
The Milwaukee Electric Tool Corporation is an American company that develops, manufactures, and markets power tools. It is a brand and subsidiary of Techtronic Industries. Since 2016 it has been the largest supplier by volume of cordless power tools in North America. History In 1918, the firm introduced a one-handed operation, 1/4" capacity drill that was significantly lighter than others then available. A.H. Petersen and Albert F. Siebert founded the A. H. Petersen Company in 1922. The following year, the factory was destroyed by a fire and the assets of the closed business were sold. In 1924, Siebert formed the Milwaukee Electric Tool Corporation. During the 1930s, Milwaukee began producing tools for the US Navy. The company developed sanders, polishers, electric hammers and hand grinders. In 1935, they introduced a handheld drill that could be used with a hammer action or without. Milwaukee Electric Tool Corporation benefitted from the World War II manufacturing boom ...
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