Atlas Copco Group
They are a world-leading provider of sustainable productivity solutions. Customers benefit from their innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems.
If there is one constant in their history it is innovation. Here you can read about their first 140 years, from 1873 until 2013.
When Atlas Copco was founded it made products for railways, but the core of their business dates back to the early years of the 20th century, when the first compressors, tools and rock drills were manufactured. Today, they are a world leader in these and many other areas.
Atlas was founded in 1873 in Stockholm, Sweden, to provide Swedish Rail with all types of equipment for building and running Sweden’s new railway. But with the growth of Swedish Rail relatively short-lived, Atlas had by the mid-1880s already begun a strategic shift toward the production of more advanced products, such as steam engines and boilers. In November 1890, the company was reconstructed and a new company, Nya Aktiebolaget Atlas, was founded with three new production lines: locomotives, commercial central heating systems and machine tools.
At the beginning of the 1890s, a young engineer named Gustaf Ryd visited England and the US and came back with a pneumatic caulking hammer and riveting hammer, respectively. The new machines proved invaluable and the need soon arose for spare parts and replacements. With none available, they had to be made in-house, paving the way for a completely new line of business. Initially, the pneumatic tools produced by Atlas were destined solely for its own workshops, but as word spread of their efficiency and reliability demand grew throughout Sweden.
Atlas took up regular production of pneumatic tools in 1901 with pneumatics engineer Gunnar Jacobsson heading up a newly established pneumatics department. Under Jacobsson, who would become managing director of Nya Aktiebolaget Atlas in 1909, the pneumatics department quickly expanded its range of tools and air compressors. As early as 1904, a copy of a German compressor was produced, which was driven by Atlas steam engines, and the following year the company launched its own compressor as well as its first rock drill. By the time the First World War broke out, pneumatics accounted for more than 50 percent of Atlas’ revenues and an even greater proportion of its profits. The other production lines were gradually phased out. Railroad car production came to an end in 1911 and the last locomotive was rolled out in 1917.
Atlas Copco in brief
Their products and services focus on productivity, energy efficiency, safety and ergonomics.
They add value wherever They do business. Their products and professional services increase customers’ productivity and competitiveness while benefiting society and minimizing the environmental impact. They call it sustainable productivity.
- Founded in 1873, Atlas Copco has more than 140 years of experience of innovating for sustainable productivity.
- Their products and services include compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems.
- Their customers are located all over the world. To them, they are a local company; at the same time, the Atlas Copco Group is a global enterprise with worldwide resources.
- Atlas Copco’s global reach spans about 180 countries, including own operations in more than 90 countries.
- They innovate and produce in more than 20 countries. Manufacturing is mainly concentrated in Belgium, Sweden, Germany, the United States, India and China.
Industries all over the world rely on their expertise and innovations to help grow their businesses. Their products and solutions can be found everywhere and include compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems.