Atlas Copco wins orders for key Colombian road projects
March 17, 2017
Stockholm, Sweden, March 17, 2017: Atlas Copco, a leading provider of sustainable productivity solutions, has won several orders for equipment that will be used in the construction of vital road projects in Colombia as the country is building up its infrastructure.
To accelerate economic development, Colombia has initiated the so-called Fourth Generation (4G) road infrastructure program. The construction involves more than 8 000 kilometers of high-quality roads, including tunnels. In the fourth quarter 2016 and first quarter 2017, several Colombian construction companies that are part of the 4G program placed orders totaling MUSD 13 (MSEK 115) for Atlas Copco equipment.
“We are proud to play a role in the modernization of the infrastructure in Colombia by providing our customers with the safest and most energy-efficient equipment available,” said Helena Hedblom, President of Atlas Copco’s Mining and Rock Excavation Technique business area.
The Atlas Copco machines include drilling rigs, concrete spraying mobiles, and more. The products are known for their high productivity, energy efficiency, safety and ergonomics. The equipment will be delivered in 2017.
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Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and services focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2016, Atlas Copco had revenues of BSEK 101 (BEUR 11) and about 45 000 employees. 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.