Atlas Copco China Industrial Gas Equipment R&D and Production Base officially settled in Suzhou

On August 11, 2022, the signing ceremony of Atlas Copco's China Industrial Gas Equipment R&D and Production Base was successfully held. Leaders of Suzhou Hi tech Zone and representatives from Atlas Copco attended the ceremony.

Atlas Copco will invest in building an industrial gas equipment R&D and production base in Suzhou High tech Zone. The base will focus on R&D and production of gas manufacturing equipment, which will be used in a wide range of industries, including metal, petrochemical, shipbuilding and electronics.

China is one of the largest nitrogen and oxygen demand markets in the world. Through the new R&D and production base, Atlas Copco will continue to provide customers with a more diversified product portfolio, more experience, expertise and better services.

 "This time Atlas Copco's Chinese industrial gas equipment R&D and production base is located in Suzhou, which is an important manifestation of our local strategy", said Lin Zhicheng, vice president of Atlas Copco Greater China, "Atlas Copco is full of confidence in the Chinese market. We will continue to invest in China, strengthen our innovative R&D capabilities, and provide customers with better products and services."

"China is an important market for Atlas Copco Group. The new R&D and production base will strongly consolidate and promote the Group's business layout in China." Aldo Gargiulo, Vice President of the Industrial Air Business Department of Atlas Copco Group, said in his online speech, "We look forward to further deepening cooperation with Suzhou Hi tech Zone to create a better future."

About Atlas Copco

Great ideas inspire innovation. Atlas Copco began to transform industrial innovation into core profitable business in 1873. By listening to customers, we understand their needs, provide value to customers, and keep innovating in the future. In 2021, Atlas Copco Group will have an operating income of about SEK 111 billion (about 11 billion euros) and about 43000 employees.

Since the 1920s, Atlas Copco began to operate in the Chinese market. Up to now, the Group's four major business areas: compressor technology, vacuum technology, industrial technology and power technology have entered the Chinese market to provide customers with innovative products and solutions. By the end of 2021, Atlas Copco has set up more than 30 companies in China, with nearly 6200 employees.