MIRA
INFORM REPORT

Report Date :

21.12.2012

IDENTIFICATION DETAILS

Name :

ATLAS COPCO SECOROC AB

Registered Office :

Box 521 Fagersta, 737 25

Country :

Sweden

Financials (as on) :

31.12.2010

Year of Establishment :

1885

Com. Reg. No.:

5560019019

Legal Form :

Private Subsidiary

Line of Business :

Wholesale of mining, construction and civil engineering
machinery

No. of Employees :

687

RATING & COMMENTS

MIRA’s Rating :

Ba

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal
commitments.

Satisfactory

Status :

Satisfactory

Payment Behaviour :

No Complaints

Litigation :

Clear

NOTES:

Any query related to this report can be made
on e-mail: [email-masked]
while quoting report number, name and date.

ECGC Country Risk Classification List – June 30th, 2012

Country Name

Previous Rating

(31.03.2012)

Current Rating

(30.06.2012)

Sweden

A1

A1

Risk Category

ECGC
Classification

Insignificant

A1

Low

A2

Moderate

B1

High

B2

Very High

C1

Restricted

C2

Off-credit

D

sweden - ECONOMIC OVERVIEW

Aided by peace and neutrality for the whole of the 20th century, Sweden
has achieved an enviable standard of living under a mixed system of high-tech
capitalism and extensive welfare benefits. It has a modern distribution system,
excellent internal and external communications, and a highly skilled labor
force. In September 2003, Swedish voters turned down entry into the euro system
concerned about the impact on the economy and sovereignty. Timber, hydropower,
and iron ore constitute the resource base of an economy heavily oriented toward
foreign trade. Privately owned firms account for vast majority of industrial
output, of which the engineering sector accounts for about 50% of output and
exports. Agriculture accounts for little more than 1% of GDP and of employment.
Until 2008, Sweden was in the midst of a sustained economic upswing, boosted by
increased domestic demand and strong exports. This and robust finances offered
the center-right government considerable scope to implement its reform program
aimed at increasing employment, reducing welfare dependence, and streamlining
the state's role in the economy. Despite strong finances and underlying
fundamentals, the Swedish economy slid into recession in the third quarter of
2008 and growth continued downward in 2009 as deteriorating global conditions
reduced export demand and consumption. Strong exports of commodities and a
return to profitability by Sweden''s banking sector drove the strong rebound in
2010, which continued in 2011, and the government is proposing stimulus
measures in the 2012 budget to curb the effects of a global economic slowdown
and boost employment and growth.

Source : CIA

Company name and address

Atlas Copco Secoroc
AB

Box 521

Fagersta, 737 25

Sweden

Tel:

(46) 22346100

Fax:

46 (223) 461 01

www.atlascopco.com

Employees:

687

Company Type:

Private Subsidiary

Corporate Family:

306 Companies

Ultimate Parent:

Atlas Copco AB

Incorporation Date:

1885

Financials
in:

USD (mil)

Fiscal Year End:

31-Dec-2010

Reporting Currency:

Swedish Krona

Annual Sales:

306.8

Total Assets:

NA

Business
Description

Rock Drilling Tools

Industry

Industry

Construction
and Agriculture Machinery

ANZSIC 2006:

3411 -
Agricultural and Construction Machinery Wholesaling

NACE 2002:

5182 -
Wholesale of mining, construction and civil engineering machinery

NAICS 2002:

423810 -
Construction and Mining (except Oil Well) Machinery and Equipment Merchant
Wholesalers

UK SIC 2003:

5182 -
Wholesale of mining, construction and civil engineering machinery

US SIC 1987:

5082 -
Construction and Mining (Except Petroleum) Machinery and Equipment

Key Executives

Name

Title

Johan Halling

President

Marie Cornefjord

Finance Manager

Sture Stenqvist

Marketing Director

Nils-Erik Haglund

Purchasing Director

Glenn BostrÃ¶m

IT Manager

News

Title

Date

Australia
Patent: Atlas Copco Secoroc Files Application for 'Drill string component
for noise control during percussion drilling'

Australian Government (75 Words)

23-Mar-2012

US Patent
Issued to Atlas Copco Secoroc on Jan. 24 for "Chuck Assembly for a
Down-Hole Drill" (Virginia Inventor)

U.S. Fed News (243 Words)

30-Jan-2012

Atlas
Copco to Develop High-Speed Geothermal Drilling Technology

Business Wire (504 Words)

12-Oct-2011

Atlas
Copco to develop high-speed geothermal drilling technology

Cision (English) (382 Words)

12-Oct-2011

Australia
Patent: Atlas Copco Secoroc Files Application for 'Down hole hammer having
elevated exhaust'

Australian Government (73 Words)

2-Sep-2011

1 - Profit &
Loss Item Exchange Rate: USD 1 = SEK 7.206564

2 - Balance Sheet Item Exchange Rate: USD 1 = SEK 6.72285

Corporate Overview

Location

Box 521

Fagersta, 737 25

Sweden

Tel:

(46) 22346100

Fax:

46 (223) 461 01

www.atlascopco.com

Sales SEK(mil):

2,211.0

Assets SEK(mil):

NA

Employees:

687

Fiscal Year End:

31-Dec-2010

Industry:

Construction
and Agriculture Machinery

Incorporation Date:

1885

Company Type:

Private
Subsidiary

Quoted Status:

Not Quoted

Previous Name:

Uniroc AB

Registered No.(SWE):

5560019019

President :

Johan
Halling

Contents

Industry Codes

Business Description

Brand/Trade Names

Financial Data

Industry Codes

ANZSIC 2006 Codes:

3411

-

Agricultural and Construction Machinery Wholesaling

3339

-

Other Hardware Goods Wholesaling

NACE 2002 Codes:

5182

-

Wholesale of mining, construction and civil engineering
machinery

5154

-

Wholesale of hardware, plumbing and heating equipment and
supplies

NAICS 2002 Codes:

423810

-

Construction and Mining (except Oil Well) Machinery and
Equipment Merchant Wholesalers

423710

-

Hardware Merchant Wholesalers

US SIC 1987:

5082

-

Construction and Mining (Except Petroleum) Machinery and
Equipment

5072

-

Hardware

UK SIC 2003:

5182

-

Wholesale of mining, construction and civil engineering
machinery

5154

-

Wholesale of hardware, plumbing and heating equipment and
supplies

Business Description

Wholesale of rock drilling tools and hardware

More
Business Descriptions

Rock Drilling Tools

Construction Machinery Manufacturing

Brand/Trade Names

Atlas Copco

Financial Data

Financials in:

SEK(mil)

Revenue:

2,211.0

Date of Financial Data:

31-Dec-2010

1 Year
Growth

NA

Corporate Structure News

Atlas Copco
Secoroc AB

Total Corporate Family Members: 306

Company Name

Company Type

Location

Country

Industry

Sales

(USD mil)

Employees

Atlas Copco
AB

Parent

Nacka

Sweden

Miscellaneous Capital Goods

12,504.9

38,623

Atlas Copco
North America LLC

Subsidiary

Pine Brook, NJ

United States

Miscellaneous Financial Services

6,559.6

8,200

Atlas Copco
Compressors LLC

Division

Rock Hill, SC

United States

Appliance and Tool

170.0

250

Atlas Copco
Compressors Inc

Branch

Swartz Creek, MI

United States

Miscellaneous Capital Goods

32.6

60

Atlas Copco
Compressors Inc

Branch

Elk Grove Vlg, IL

United States

Miscellaneous Capital Goods

27.2

50

Atlas Copco
Comptec

Branch

La Porte, TX

United States

Business Services

6.1

50

Atlas Copco
Compressors

Unit

Fremont, CA

United States

Miscellaneous Capital Goods

30

Atlas Copco
Compressor Cstmr Center

Branch

Peachtree City, GA

United States

Miscellaneous Capital Goods

4.7

25

Atlas Copco
Compressors Inc

Branch

Cedar Rapids, IA

United States

Miscellaneous Capital Goods

9.8

18

Atlas Copco
Compressors Inc

Branch

Eugene, OR

United States

Miscellaneous Capital Goods

8.2

15

Atlas Copco
Compressors Inc

Branch

Pelham, AL

United States

Miscellaneous Capital Goods

6.5

12

Atlas Copco
Compressors Inc

Branch

Pleasant Grove, CA

United States

Miscellaneous Capital Goods

3.3

6

American
Air Products Inc

Subsidiary

St Paul, MN

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Compressors Inc

Branch

Elkhart, IN

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Compressors Inc

Branch

Las Vegas, NV

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
IA Compressor Center

Branch

Iowa City, IA

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Compressors Inc

Branch

Peachtree City, GA

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Compressors Inc

Branch

Charlotte, NC

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Compressors Inc

Branch

West Columbia, SC

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Compressors Inc

Branch

Hazle Twp, PA

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Compressors Inc

Branch

Washington, NJ

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Compressors Inc

Branch

Belmont, NC

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Compressors Inc

Branch

Pelzer, SC

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Compressors Inc

Branch

Raleigh, NC

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Compressors Inc

Branch

Johnston, RI

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Compressors Inc

Branch

Enfield, CT

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Compressors Inc

Branch

Phoenix, AZ

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Compressors Inc

Branch

West Springfield, MA

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Compressors Inc

Branch

Houston, TX

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Compressors Inc

Branch

Anchorage, AK

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Compressors Inc

Branch

Fenton, MO

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Compressors Inc

Branch

La Mesa, CA

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Compressors Inc

Branch

Peoria, IL

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Compressors Inc

Branch

Reno, NV

United States

Miscellaneous Capital Goods

2.2

4

Atlas Copco
Compressor Center

Branch

Oklahoma City, OK

United States

Miscellaneous Capital Goods

2.2

4

Atlas Copco
Compressors Inc

Branch

Rancho Cucamonga, CA

United States

Miscellaneous Capital Goods

1.6

3

Atlas Copco
Compressors Inc

Branch

Portland, OR

United States

Business Services

0.3

3

Atlas Copco
Compressors Inc

Branch

Anchorage, AK

United States

Miscellaneous Capital Goods

1.1

2

Atlas Copco
Compressors Inc

Branch

Hawthorn Woods, IL

United States

Miscellaneous Capital Goods

0.5

1

Quincy
Compressor Inc.

Subsidiary

Quincy, IL

United States

Miscellaneous Capital Goods

40.1

220

Quincy
Compressor

Subsidiary

Bay Minette, AL

United States

Miscellaneous Capital Goods

174.0

165

Air
Perfection Inc

Branch

Dixon, CA

United States

Miscellaneous Capital Goods

21.8

40

Quincy
Compressor

Branch

Round Rock, TX

United States

Miscellaneous Capital Goods

3.3

6

Quincy
Compressor

Branch

Daphne, AL

United States

Miscellaneous Capital Goods

3.3

6

Air
Perfection Inc

Branch

Reno, NV

United States

Miscellaneous Capital Goods

3.3

6

Quincy
Compressor

Branch

Dublin, CA

United States

Miscellaneous Capital Goods

3.3

6

Quincy
Compressor

Branch

Millington, NJ

United States

Miscellaneous Capital Goods

3.3

6

Quincy
Compressor

Branch

St Louis, MO

United States

Miscellaneous Capital Goods

1.1

2

Quincy
Compressor

Branch

Addison, TX

United States

Miscellaneous Capital Goods

0.5

1

Quincy
Compressor

Branch

Naperville, IL

United States

Miscellaneous Capital Goods

0.5

1

Quincy
Compressor

Branch

North East, PA

United States

Miscellaneous Capital Goods

0.5

1

Atlas Copco
Secoroc LLC

Subsidiary

Grand Prairie, TX

United States

Miscellaneous Capital Goods

25.0

160

Chicago
Pneumatic Tool Company LLC

Subsidiary

Rock Hill, SC

United States

Appliance and Tool

75.0

100

Desoutter
GmbH

Subsidiary

Maintal, Hessen

Germany

Appliance and Tool

32.7

80

Chicago
Pneumatic Brasil Ltda

Subsidiary

SÃ£o Paulo , SÃ£o Paulo

Brazil

Miscellaneous Capital Goods

18.0

50

Edmac
Europe

Subsidiary

Wilrijk

Belgium

Miscellaneous Fabricated Products

0.0

1

Atlas Copco
Hurricane LLC

Subsidiary

Franklin, IN

United States

Miscellaneous Capital Goods

80

Beacon
Medaes

Subsidiary

Rock Hill, SC

United States

Medical Equipment and Supplies

450.0

78

Atlas Copco
Construction Equipment LLC

Subsidiary

Commerce City, CO

United States

Construction and Agriculture Machinery

55

Atlas Copco
Inc

Branch

Fremont, CA

United States

Miscellaneous Capital Goods

26.1

48

Atlas Copco
Inc

Branch

Winston Salem, NC

United States

Miscellaneous Capital Goods

25.6

47

Atlas Copco
Inc

Branch

Reading, PA

United States

Miscellaneous Capital Goods

22.8

42

Atlas Copco
Tools & Assembly

Subsidiary

Auburn Hills, MI

United States

Miscellaneous Capital Goods

40

Kramer Air
Tool

Subsidiary

Howell, MI

United States

Miscellaneous Fabricated Products

70

Kramer Air
Tool

Branch

Lansing, MI

United States

Miscellaneous Capital Goods

2.2

4

Houston
Service Industries

Subsidiary

Houston, TX

United States

Miscellaneous Capital Goods

37.0

35

Recently acquired (previously owned by Houston Service Industries).See
corporate
structure news on Atlas Copco AB for details

Atlas Copco
Drilling Solutions LLC

Subsidiary

Roanoke, VA

United States

Miscellaneous Fabricated Products

5.2

33

Atlas Copco
Customizing Design

Branch

Houston, TX

United States

Retail (Specialty)

7.0

25

Atlas Copco
Construction Tools LLC

Subsidiary

Commerce City, CO

United States

Construction and Agriculture Machinery

25

Atlas Copco
Construction Tools LLC

Branch

Cleveland, OH

United States

Construction and Agriculture Machinery

6.6

13

Atlas Copco
Construction Tools LLC

Branch

Round Rock, TX

United States

Business Services

0.8

6

Atlas Copco
Construction Mining Technology

Subsidiary

Commerce City, CO

United States

Coal

12.4

20

Atlas Copco
Construction Mining Technology

Branch

Elko, NV

United States

Retail (Specialty)

4.0

20

Atlas Copco
Construction Mining Technology

Branch

Baltimore, MD

United States

Construction and Agriculture Machinery

8.2

10

Atlas Copco
Construction Mining Technology

Branch

Vista, CA

United States

Miscellaneous Capital Goods

4.9

9

Atlas Copco
Construction Mining Technology

Branch

Ludlow, MA

United States

Retail (Specialty)

1.4

7

Atlas Copco
Construction Mining Technology

Branch

Elko, NV

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Construction Mining Technology

Branch

Kent, WA

United States

Business Services

0.1

1

Atlas Copco
Inc

Branch

Milwaukee, WI

United States

Miscellaneous Capital Goods

8.2

15

Atlas Copco
Rental

Subsidiary

La Porte, TX

United States

Rental and Leasing

12

Atlas Copco
Rental

Branch

Covington, GA

United States

Rental and Leasing

1.8

10

Atlas Copco
Rental

Branch

Indianapolis, IN

United States

Rental and Leasing

1.3

7

Atlas Copco
Rental

Branch

Humble, TX

United States

Rental and Leasing

1.3

7

Atlas Copco
Rental

Branch

Cincinnati, OH

United States

Rental and Leasing

1.3

7

Atlas Copco
Rental

Branch

Grafton, OH

United States

Rental and Leasing

1.1

6

Atlas Copco
Rental

Branch

Louisville, KY

United States

Electronic Instruments and Controls

3.8

5

Atlas Copco
Rental

Branch

Joliet, IL

United States

Rental and Leasing

0.7

4

Atlas Copco
Rental

Branch

Rock Hill, SC

United States

Rental and Leasing

0.3

2

Atlas Copco
Rental

Branch

Grandview, MO

United States

Rental and Leasing

0.3

2

Atlas Copco
Advncd Fstng Systems

Subsidiary

Auburn Hills, MI

United States

Miscellaneous Capital Goods

37.0

10

Atlas Copco
Inc

Branch

Fremont, CA

United States

Retail (Home Improvement)

1.4

8

Atlas Copco
Inc

Branch

Coppell, TX

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Inc

Branch

Tucson, AZ

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Inc

Branch

Whitehouse, OH

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Inc

Branch

Caldwell, NJ

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Inc

Branch

Garland, TX

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
CMT

Subsidiary

Commerce City, CO

United States

Construction and Agriculture Machinery

4

Atlas Copco
Inc

Branch

Elk Grove Vlg, IL

United States

Miscellaneous Capital Goods

1.6

3

Dynapac USA
Inc

Subsidiary

Commerce City, CO

United States

Miscellaneous Transportation

Atlas Copco
Airpower

Subsidiary

Wilrijk

Belgium

Miscellaneous Capital Goods

2,169.7

2,803

Atlas Copco
Oil-free Air

Division

Wilrijk

Belgium

Miscellaneous Capital Goods

2,300

Atlas Copco
Industrial Air

Division

Wilrijk

Belgium

Miscellaneous Capital Goods

2,300

Atlas Copco
Portable Air

Division

Wilrijk

Belgium

Miscellaneous Capital Goods

600

Atlas Copco
Business Services

Division

Wilrijk

Belgium

Miscellaneous Capital Goods

56.3

69

Atlas Copco
Finance Europe

Subsidiary

Wilrijk

Belgium

Commercial Banks

2.1

15

International
Compressor Distribution

Subsidiary

Wilrijk

Belgium

Miscellaneous Capital Goods

8.5

7

Invest-Immo-Belgium

Subsidiary

Bruxelles

Belgium

Real Estate Operations

0.1

2

Atlas Copco
(India) Ltd

Subsidiary

Pune, Maharashtra

India

Oil Well Services and Equipment

264.1

1,280

Atlas Copco
Rock Drills AB

Subsidiary

Ã–rebro

Sweden

Construction and Agriculture Machinery

1,087.1

1,272

Atlas Copco
Australia Pty Ltd

Subsidiary

Blacktown, NSW

Australia

Construction and Agriculture Machinery

428.0

940

Atlas Copco

Subsidiary

Mount Wellington

New Zealand

Miscellaneous Capital Goods

1.4

53

Atlas Copco
South Africa (Pty) Ltd

Subsidiary

Witfield, Boksburg

South Africa

Construction and Agriculture Machinery

98.0

750

Atlas Copco
Brasil Ltda

Subsidiary

Barueri, SP

Brazil

Construction and Agriculture Machinery

131.0

700

Atlas Copco
Secoroc AB

Subsidiary

Fagersta

Sweden

Construction and Agriculture Machinery

306.8

687

Dynapac
GmbH

Subsidiary

Wardenburg, Niedersachsen

Germany

Construction and Agriculture Machinery

104.3

630

Dynapac
GmbH

Branch

Allershausen

Germany

Construction and Agriculture Machinery

1.0

5

Atlas Copco
Tools AB

Subsidiary

Stockholm

Sweden

Miscellaneous Capital Goods

273.2

624

Atlas Copco
Energas GmbH

Subsidiary

KÃ¶ln, Nordrhein-Westfalen

Germany

Miscellaneous Capital Goods

127.7

580

Atlas Copco
Comptec LLC

Subsidiary

Voorheesville, NY

United States

Miscellaneous Capital Goods

163.7

200

Atlas
Copco, ZAO

Subsidiary

Moscow

Russian Federation

Construction Services

145.0

550

Dynapac
Compaction Equipment AB

Branch

Karlskrona, Blekinge

Sweden

Construction and Agriculture Machinery

182.5

489

Dynapac
Compaction Equipment AB

Subsidiary

Karlskrona

Sweden

Construction and Agriculture Machinery

182.5

489

Dynapac
GmbH

Subsidiary

Lehrte

Germany

Construction and Agriculture Machinery

2,500

Dynapac
France SNC

Subsidiary

Tournan-en-Brie

France

Construction and Agriculture Machinery

25

Atlas Copco
Chilena S.A.C.

Subsidiary

Santiago

Chile

Miscellaneous Capital Goods

98.0

425

Atlas Copco
Drilling Solutions

Subsidiary

Garland, TX

United States

Miscellaneous Capital Goods

299.2

400

Atlas Copco
Secoroc USA

Branch

Fort Loudon, PA

United States

Miscellaneous Capital Goods

6.0

36

Atlas Copco
Drilling Solutions

Branch

La Vergne, TN

United States

Miscellaneous Capital Goods

13.6

25

Atlas Copco
Drilling Solutions

Branch

S Abington Twp, PA

United States

Miscellaneous Capital Goods

13.1

24

Atlas Copco
Secoroc USA

Branch

Commerce City, CO

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Drilling Solutions

Branch

Knoxville, TN

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Drilling Solutions

Branch

Garland, TX

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Peruana S.A.

Subsidiary

Lima

Peru

Construction and Agriculture Machinery

99.0

400

Atlas Copco
Mexicana, S.A. de C.V.

Subsidiary

Tlalnepantla, Estado de MÃ©xico

Mexico

Construction and Agriculture Machinery

30.0

350

Atlas Copco
Italia SpA

Subsidiary

Cinisello Balsamo, MI

Italy

Construction and Agriculture Machinery

206.4

323

Abac Aria
Compressa SpA

Subsidiary

Robassomero, Torino

Italy

Miscellaneous Capital Goods

107.9

301

ABAC-DMS
Air Compressors Pte Ltd

Subsidiary

Singapore

Singapore

Miscellaneous Capital Goods

1.0

18

Ceccato
Aria Compressa SpA

Subsidiary

Brendola, Vicenza

Italy

Miscellaneous Capital Goods

128.6

170

Atlas Copco
Blm SRL

Subsidiary

Paderno Dugnano, Milano

Italy

Miscellaneous Capital Goods

14.2

53

Perfora SpA

Subsidiary

Bagnolo Piemonte, Cuneo

Italy

Miscellaneous Capital Goods

11.2

35

Desoutter
Italiana SRL

Subsidiary

Lissone, Monza E Brianza

Italy

Miscellaneous Fabricated Products

9.4

17

Atlas Copco
Construction Tools

Subsidiary

Nacka

Sweden

Miscellaneous Capital Goods

87.7

300

Atlas Copco
Construction Tools GmbH

Subsidiary

Essen, Nordrhein-Westfalen

Germany

Iron and Steel

300

Atlas Copco
Construction Tools sarl

Subsidiary

Goussainville

France

Iron and Steel

50

Atlas Copco
Assistance Technique

Subsidiary

Hydra

Algeria

Iron and Steel

Atlas Copco
Poland sp zoo

Subsidiary

Raszyn

Poland

Metal Mining

93.5

290

Atlas Copco
Compresseurs SAS

Subsidiary

Cergy Pontoise

France

Miscellaneous Capital Goods

135.1

225

Georges
Renault S.A.

Subsidiary

Saint Sebastien, Cedex

France

Appliance and Tool

22.0

200

CP Georges
Renault S.A.S.

Subsidiary

Saint Herblain Cedex

France

Personal and Household Products

200

SCA
Schucker GmbH & Co. KG

Subsidiary

Bretten, Baden-WÃ¼rttemberg

Germany

Miscellaneous Capital Goods

200

Recently acquired (previously owned by Gamma Beteiligungsgesellschaft
mbH).See corporate
structure news on Atlas Copco AB for details

Copco
Construction Tools AB

Subsidiary

Stockholm, Nacka

Sweden

Appliance and Tool

200

Atlas Copco
(Schweiz) AG

Subsidiary

Studen BE

Switzerland

Miscellaneous Capital Goods

190

Blm SpA

Subsidiary

Cantu', Como

Italy

Miscellaneous Capital Goods

50.4

187

Adige SpA

Subsidiary

Levico Terme, Trento

Italy

Miscellaneous Capital Goods

79.4

164

Adige Sys
SpA

Subsidiary

Levico Terme, Trento

Italy

Miscellaneous Capital Goods

23.4

48

Bgs SRL

Subsidiary

Gossolengo, Piacenza

Italy

Miscellaneous Capital Goods

12.8

27

Power Tools
Distribution

Subsidiary

Hoeselt

Belgium

Miscellaneous Capital Goods

1,003.6

181

Industrial
Technique s.r.o.

Subsidiary

Bratislava

Slovakia

Business Services

170

Atlas Copco
Compressor AB

Subsidiary

Nacka, Stockholm

Sweden

Miscellaneous Capital Goods

75.5

168

Sociedade
Atlas Copco de Portugal Lda

Subsidiary

Carnaxide, Lisboa

Portugal

Miscellaneous Capital Goods

59.4

150

Atlas Copco
CMT Sweden AB

Subsidiary

Stockholm, Stockholm

Sweden

Miscellaneous Capital Goods

133.9

146

Atlas Copco
Brasil Ltda. - DivisÃ£o

Subsidiary

SÃ£o Paulo

Brazil

Construction and Agriculture Machinery

126

Atlas Copco
Constr Et Mines

Subsidiary

Lively, ON

Canada

Construction and Agriculture Machinery

3.6

5

Atlas Copco
(Shanghai) Trading Co.

Subsidiary

Beijing

China

Construction Services

Atlas Copco
Nederland BV

Subsidiary

Botlek

Netherlands

Miscellaneous Capital Goods

63.2

130

Atlas Copco
DRC sprl

Subsidiary

Lubumbashi, Katanga

Congo

Construction and Agriculture Machinery

130

Atlas Copco
Colombia Ltda

Subsidiary

Bogota, Cundinamarca

Colombia

Miscellaneous Capital Goods

17.0

129

Atlas Copco
Ghana

Subsidiary

Accra

Ghana

Miscellaneous Capital Goods

50.7

124

Wuxi
Shengda Gas Source Purifing Equipment Co.,Ltd.

Subsidiary

Wuxi City, Jiang Su

China

Construction - Supplies and Fixtures

6.5

115

Medaes Ltd.

Subsidiary

Washington

United Kingdom

Medical Equipment and Supplies

31.0

104

Wuxi-Atlas
Copco Compressor Co Ltd

Subsidiary

New District, Jiangsu

China

Metal Mining

28.0

100

Recently acquired (previously owned by Wuxi-Atlas Copco Compressor Co
Ltd).See corporate
structure news on Atlas Copco AB for details

Atlas Copco
(Malaysia) Sdn Bhd

Subsidiary

Shah Alam, Selangor

Malaysia

Miscellaneous Capital Goods

24.7

100

Atlas Copco
Venezuela, C.A.

Subsidiary

Caracas, Miranda

Venezuela

Construction and Agriculture Machinery

12.0

100

Atlas Copco
MCT GmbH

Subsidiary

Essen, Nordrhein-Westfalen

Germany

Construction and Agriculture Machinery

100

Atlas Copco
Iran AB

Subsidiary

Stockholm, Stockholm

Sweden

16.5

97

Atlas Copco
Craelius

Subsidiary

Marsta

Sweden

Construction and Agriculture Machinery

87.5

90

Atlas Copco
Gesellschaft mbH

Subsidiary

Wien

Austria

Construction and Agriculture Machinery

43.4

88

Atlas Copco
Kompressorteknikk AS

Subsidiary

Ski

Norway

Electronic Instruments and Controls

34.2

88

Atlas Copco
Powercrusher GmbH

Subsidiary

St. Valentin

Austria

Construction and Agriculture Machinery

32.9

87

TBB
Industrial Tools Services GmbH

Subsidiary

Dingolfing, Bayern

Germany

Miscellaneous Capital Goods

87

Atlas Copco
Equipment Egypt

Subsidiary

Cairo

Egypt

Miscellaneous Capital Goods

35.0

85

Atlas Copco
Mafi-Trench Company LLC

Subsidiary

Santa Maria, CA

United States

Miscellaneous Capital Goods

1.5

85

Atlas Copco
JC Carter Pumps

Subsidiary

Costa Mesa, CA

United States

Miscellaneous Capital Goods

5.7

17

GIA
industri ab

Subsidiary

GrÃ¤ngesberg, Dalarna

Sweden

Auto and Truck Parts

34.2

81

Recently acquired (previously owned by GIA industri ab).See corporate
structure news on Atlas Copco AB for details

Atlas Copco
Applications Industrielles

Subsidiary

St Ouen L Aumone

France

Construction and Agriculture Machinery

33.4

73

Atlas Copco
(South-East Asia) Pte Ltd

Subsidiary

Singapore

Singapore

Metal Mining

12.0

60

Grassair
Compressoren B.V.

Subsidiary

Oss, Noord-Brabant

Netherlands

Miscellaneous Capital Goods

54

Atlas Copco
(Vietnam) Ltd

Subsidiary

Ho Chi Minh City

Viet Nam

Metal Mining

8.0

50

Atlas Copco
Maroc SA

Subsidiary

Casablanca

Morocco

Construction and Agriculture Machinery

50

Cirmac
International B.V.

Subsidiary

Apeldoorn, Gelderland

Netherlands

Engineering Consultants

50

Atlas Copco
ACT

Subsidiary

Overijse

Belgium

Electronic Instruments and Controls

50

Atlas Copco
Holding GmbH

Subsidiary

Essen, Nordrhein-Westfalen

Germany

Consumer Financial Services

813.8

1,715

Atlas Copco
Tools Central Europe GmbH

Subsidiary

Essen, Nordrhein-Westfalen

Germany

Appliance and Tool

75.0

340

Atlas Copco
Kompressoren und Drucklufttechnik GmbH

Subsidiary

Essen, Nordrhein-Westfalen

Germany

Appliance and Tool

156.3

260

Atlas Copco
ACE GmbH

Subsidiary

Essen, Nordrhein-Westfalen

Germany

Miscellaneous Fabricated Products

48.0

45

IRMER +
ELZE Kompressoren GmbH

Subsidiary

Bad Oeynhausen, Nordrhein-Westfalen

Germany

Miscellaneous Capital Goods

43.2

45

Atlas Copco
Sociedad Anonima EspaÃ±ola

Subsidiary

Coslada, Madrid

Spain

Construction and Agriculture Machinery

158.2

309

Grupos
Electrogenos Gesan Sa

Subsidiary

Muel, Zaragoza

Spain

Electronic Instruments and Controls

77.6

152

Recently acquired (previously owned by Grupos Electrogenos Gesan Sa).See
corporate
structure news on Atlas Copco AB for details

Desoutter
Sa

Subsidiary

Alcobendas, Madrid

Spain

Miscellaneous Capital Goods

5.3

11

Atlas Copco
Crepelle

Subsidiary

Lille

France

Miscellaneous Capital Goods

39.0

91

Atlas Copco
Algeria SpA

Branch

Algiers

Algeria

Miscellaneous Capital Goods

1.0

50

Atlas Copco
France Holding

Subsidiary

St Ouen L Aumone

France

Construction and Agriculture Machinery

6.3

31

Etablissement
Georges Renault

Subsidiary

St Herblain

France

Personal and Household Products

73.1

221

Compresseurs
Worthington Creyssensac

Subsidiary

Chambly

France

Miscellaneous Capital Goods

44.9

125

Compresseurs
Mauguiere

Subsidiary

St Ouen L Aumone

France

Construction and Agriculture Machinery

11.8

14

Atlas Copco
Taiwan Ltd

Subsidiary

Taoyuan Hsien

Taiwan

Miscellaneous Capital Goods

22.5

Atlas Copco
(Shanghai) Trading Co.

Subsidiary

Shanghai

China

Miscellaneous Capital Goods

1.0

Atlas Copco
Kompressorteknik A/S

Subsidiary

Glostrup

Denmark

Miscellaneous Capital Goods

48

Agre
Kompressoren GmbH

Subsidiary

Garsten, OberÃ¶sterreich

Austria

Miscellaneous Capital Goods

15.1

45

Atlas Copco
Argentina S.A.I.C.

Subsidiary

Buenos Aires

Argentina

Miscellaneous Capital Goods

2.0

45

Atlas Copco
Rental Europe

Subsidiary

Rumst

Belgium

Rental and Leasing

35.8

41

Atlas Copco
UK Holdings Ltd.

Subsidiary

Hemel Hempstead

United Kingdom

Business Services

1.8

30

Atlas Copco
Ltd.

Subsidiary

Hemel Hempstead

United Kingdom

Business Services

101.3

318

Atlas Copco
Compressors Ltd.

UK Branch/Trading address

Glasgow

United Kingdom

Miscellaneous Capital Goods

101.3

20

Compressor
Engineering Norwest Ltd.

Subsidiary

Salford

United Kingdom

Miscellaneous Capital Goods

13

Atlas Copco
Compressors Ltd.

UK Branch/Trading address

Cwmbran

United Kingdom

Miscellaneous Capital Goods

101.3

12

Atlas Copco
Compressors Ltd.

UK Branch/Trading address

Warrington

United Kingdom

Miscellaneous Capital Goods

101.3

12

Air
Compressors & Tools Ltd

Subsidiary

Hemel Hempstead

United Kingdom

Personal Services

11.2

52

Atlas Copco
Construction & Mining Ltd.

Subsidiary

Hemel Hempstead

United Kingdom

Construction and Agriculture Machinery

27.0

49

H & F
Drilling Supplies Ltd.

Subsidiary

Stirling

United Kingdom

Personal Services

7.3

20

H & F
Resin & Fixings Ltd.

Subsidiary

Stirling

United Kingdom

Personal Services

0.6

1

Atlas Copco
Tools Ltd.

Subsidiary

London

United Kingdom

Miscellaneous Capital Goods

17.3

48

Atlas Copco
Kolfor Ltd.

Subsidiary

Dundee

United Kingdom

Rental and Leasing

14.7

38

Abac (Uk)
Ltd.

Subsidiary

Bicester

United Kingdom

Personal Services

7.3

15

Chicago
Pneumatic Tool Co. Ltd.

Subsidiary

London

United Kingdom

Desoutter
Ltd.

Subsidiary

Hemel Hempstead

United Kingdom

Business Services

Cp Air
Compressors & Tools Ltd.

Subsidiary

London

United Kingdom

Atlas Copco
Eastern Africa Ltd

Subsidiary

Nairobi

Kenya

Miscellaneous Capital Goods

30

Oy Atlas
Copco Louhintatekniikka AB

Subsidiary

Vantaa

Finland

Miscellaneous Capital Goods

33.5

27

Oy Atlas
Copco Rotex AB

Subsidiary

Tampere

Finland

Personal and Household Products

18.6

26

Dynapac
Iberia Sl

Branch

Madrid

Spain

Construction and Agriculture Machinery

10.5

26

Dynapac
Poland Sp. z.o.o.

Branch

Katowice

Poland

Construction and Agriculture Machinery

25

New England
Compressor Center

Subsidiary

Ayer, MA

United States

Miscellaneous Capital Goods

10.9

20

ALUP-Kompressoren
GmbH

Subsidiary

KÃ¶ngen, Baden-WÃ¼rttemberg

Germany

Miscellaneous Capital Goods

18.7

19

Alup Cz.
spol. S.r.o.

Subsidiary

Breclav

Czech Republic

Miscellaneous Capital Goods

CP
Scanrotor ab

Subsidiary

FjÃ¤llbacka, VÃ¤stra GÃ¶taland

Sweden

Appliance and Tool

5.5

16

ZAQ
Coalfields Drilling Services (Pty) Ltd

Subsidiary

Boksburg

South Africa

Coal

14

Atlas Copco
Cmprsrs LLC

Subsidiary

Jacksonville, FL

United States

Miscellaneous Capital Goods

3.5

12

Atlas Copco
Factory Distributor

Branch

Doral, FL

United States

Miscellaneous Capital Goods

3.3

6

Atlas Copco
Cmprsrs LLC Fl

Branch

Davie, FL

United States

Miscellaneous Capital Goods

2.7

5

Atlas Copco
Cmprsrs LLC Fl

Branch

Orlando, FL

United States

Miscellaneous Capital Goods

1.1

3

Chicago
Pneumatic Construction Equipment AB

Subsidiary

Stockholm, Stockholm

Sweden

Construction and Agriculture Machinery

6.3

11

Oy Atlas
Copco Tools AB

Subsidiary

Vantaa

Finland

Miscellaneous Capital Goods

5.6

10

Atlas Copco
Construction and Mining

Subsidiary

Cairo

Egypt

Metal Mining

4.2

10

Dynapac AB

Subsidiary

Karlskrona, Blekinge

Sweden

Business Services

3.8

10

Atlas Copco
Lietuva UAB

Subsidiary

Kaunas

Lithuania

Construction and Agriculture Machinery

9

Dynapac
Norway As

Branch

Oslo

Norway

Miscellaneous Capital Goods

50.2

8

Atlas Copco
Forage et Construction SAS

Subsidiary

Cergy Pontoise

France

Construction and Agriculture Machinery

86.8

7

Vibratechniques

Subsidiary

St Valery En Caux

France

Construction and Agriculture Machinery

11.5

67

Atlas Copco
Canada Inc.

Subsidiary

La Salle, QC

Canada

Construction and Agriculture Machinery

7

Atlas Copco
Compressor Canada

Division

Dollard des Ormeaux, QC

Canada

Miscellaneous Capital Goods

29.7

125

ALUP
Kompressoren Polska Sp. Z.o.o.

Subsidiary

Warsaw

Poland

Miscellaneous Capital Goods

7

Abac Aria
Compressa SpA

Subsidiary

Robassomero, TO

Italy

Miscellaneous Capital Goods

2.3

5

Nu Air
Compressors And Tools SpA

Subsidiary

Robassomero, Torino

Italy

Miscellaneous Capital Goods

116.1

140

Fini SpA

Subsidiary

Zola Predosa, BO

Italy

Electronic Instruments and Controls

56.2

166

Shamal SRL

Subsidiary

Piossasco, Torino

Italy

Miscellaneous Capital Goods

15.8

107

Nu Air
Polska Sp Z O O

Subsidiary

Warszawa

Poland

Miscellaneous Fabricated Products

19.5

29

Nu Air
IbÃ©rica, LDA

Subsidiary

CortegaÃ§a Ovr, Ovar

Portugal

Miscellaneous Capital Goods

7.6

16

Abac France

Subsidiary

Valence

France

Construction and Agriculture Machinery

17.8

34

Mecafer

Subsidiary

Valence

France

Construction and Agriculture Machinery

26.4

34

ABAC
Deutschland GmbH

Subsidiary

KÃ¶ngen

Germany

Miscellaneous Capital Goods

Oy Atlas
Copco AB

Subsidiary

Vantaa

Finland

Business Services

1.7

5

Oy Atlas
Copco Kompressorit AB

Subsidiary

Vantaa

Finland

Miscellaneous Capital Goods

24.2

61

Atlas Copco
Reinsurance SA

Subsidiary

Luxembourg

Luxembourg

Investment Services

2

Atlas Copco
Tools Norden

Subsidiary

Nacka

Sweden

Miscellaneous Fabricated Products

969.0

Atlas Copco
K. K.

Subsidiary

Nagoya

Japan

Miscellaneous Fabricated Products

1.0

Atlas Copco
(Shanghai) Trading Co.

Subsidiary

Shanghai

China

Miscellaneous Capital Goods

1.0

Atlas Copco
Mfg Korea Co Ltd

Subsidiary

Seoul

Korea, Republic of

Miscellaneous Capital Goods

62.5

Atlas Copco
K. K.

Subsidiary

Tokyo

Japan

Miscellaneous Capital Goods

1.0

Fuji Air
Tools Co.,Ltd.

Subsidiary

Osaka, Osaka

Japan

Appliance and Tool

39.3

Fuji
Ferramentas Pneumaticas Do Brasil Ltda

Subsidiary

Sao Paulo, Sao Paulo

Brazil

Miscellaneous Capital Goods

12

Atlas.Copco
(Zhangjiakou) Construction Mine Equipment Co.,Ltd.

Subsidiary

Zhangjiakou, He Bei

China

Appliance and Tool

0.0

Atlas Copco
BH D.O.O.

Subsidiary

Sarajevo

Bosnia and Herzegovina

Miscellaneous Fabricated Products

Atlas Copco
(Cyprus) Ltd.

Subsidiary

Nicosia

Cyprus

Miscellaneous Capital Goods

Atlas Copco
(Shanghai) Trading Co Ltd

Subsidiary

Nanjing, Jiangsu Province

China

Miscellaneous Capital Goods

Dynapac CIS

Branch

Kimki, Moskovskaya Oblast

Russian Federation

Construction and Agriculture Machinery

Dynapac

Branch

Brunn am Gebirge

Austria

Miscellaneous Capital Goods

Dynapac
Brasil Industria e Comercio

Branch

SÃ£o Paolo

Brazil

Construction and Agriculture Machinery

Dynapac
(SA) (Pty) Ltd.

Branch

Johannesburg

South Africa

Miscellaneous Capital Goods

Rodcraft
Pneumatic Tools GmbH

Subsidiary

MÃ¼lheim an der Ruhr

Germany

Miscellaneous Capital Goods

Rodcraft
Benelux

Subsidiary

Hoeselt

Belgium

Miscellaneous Capital Goods

4.1

6

Rodcraft-Korb
S.a.r.l.

Subsidiary

Villejuif

France

Miscellaneous Capital Goods

Atlas Copco
Iran AB

Subsidiary

Tehran

Iran

Miscellaneous Capital Goods

Atlas Copco
Botswana

Subsidiary

Gaborone

Botswana

Miscellaneous Capital Goods

Compressor
Engineering Co. Ltd.

Subsidiary

Kettering

United Kingdom

Business Services

Atlas Copco
Forage et DÃ©molition S.A

Subsidiary

Saint Ouen l'AumÃ´ne

France

Miscellaneous Fabricated Products

Atlas Copco
Bulgaria EOOD

Subsidiary

Sofia

Bulgaria

Miscellaneous Capital Goods

Atlas Copco
Services Middle East

Subsidiary

Manama

Bahrain

Miscellaneous Fabricated Products

Atlas Copco
s.r.o.

Subsidiary

Prague

Czech Republic

Miscellaneous Capital Goods

Atlas Copco
Namibia Pty Ltd

Subsidiary

Windhoek

Namibia

Miscellaneous Capital Goods

Atlas Copco
Compressor Slovakia sro

Subsidiary

Trencin

Slovakia

Metal Mining

Atlas Copco
(Zambia) Ltd

Subsidiary

Chingola

Zambia

Metal Mining

Atlas Copco
Zimbabwe (Private) Ltd

Subsidiary

Causeway

Zimbabwe

Metal Mining

Atlas Copco
Zimbabwe (Private) Ltd

Subsidiary

Harare

Zimbabwe

Miscellaneous Capital Goods

Dynapac
Concrete SnC

Branch

Tournan en Brie

France

Miscellaneous Capital Goods

Focus
Rocbit Private Limited

Subsidiary

Hyderabad

India

Construction and Agriculture Machinery

Dynapac
Australia Pty. Ltd.

Branch

Girraween, NSW

Australia

Construction and Agriculture Machinery

Dynapac
Mexico S. de R.L. de C.V.

Branch

Mexico

Mexico

Miscellaneous Capital Goods

Atlas Copco
Tanzania Ltd

Subsidiary

Mwanza

Tanzania

Construction and Agriculture Machinery

Dynapac
S.p.A.

Branch

Cinisello Balsamo

Italy

Construction and Agriculture Machinery

Atlas Copco
Boliviana S.A.

Subsidiary

La Paz

Bolivia

Miscellaneous Fabricated Products

Atlas Copco
Angola, Lda.

Subsidiary

Luanda

Angola

Miscellaneous Capital Goods

Dynapac
Trading (China)

Branch

Beijing

China

Miscellaneous Capital Goods

Atlas Copco
d.o.o

Subsidiary

Zagreb

Croatia

Paper and Paper Products

Dynapac
India Pvt. Ltd.

Branch

New Delhi

India

Miscellaneous Capital Goods

Servatechnik
AG

Subsidiary

Oftringen

Switzerland

Miscellaneous Capital Goods

Executives Report

Board of Directors

Name

Title

Function

BjÃ¶rn Rosengren

Chairman

Chairman

Robert Frank Fassl

ledamot och ordfÃ¶rande

Director/Board Member

Bengt Birger Lindgren

ledamot

Director/Board Member

Kjell Ã…ke Pettersson

ledamot

Director/Board Member

Johan Marino Wallsten

ledamot

Director/Board Member

Executives

Name

Title

Function

Johan Halling

President

President

Marie Cornefjord

Finance Manager

Finance Executive

Lars Nordin

Finance Manager

Finance Executive

Lars-Ã…ke Stefansson

Personnel Director

Human Resources Executive

Sture Stenqvist

Marketing Director

Marketing Executive

Alf Stenqvist

Marketing / Communication Executive

Marketing Executive

Glenn BostrÃ¶m

IT Manager

Engineering/Technical Executive

Anders Gustafsson

Production Director

Product Management Executive

Nils-Erik Haglund

Purchasing Director

Purchasing Executive

Anders Ã–sterberg

Purchasing Executive, Purchasing Executive

Purchasing Executive

Ann Fvensson

Secretary

Other

Australia Patent: Atlas Copco Secoroc Files Application for 'Drill
string component for noise control during percussion drilling'

Australian
Government

23 March 2012

[What follows is
the full text of the news story.]

Australia, March
23 -- Atlas Copco Secoroc AB, Sweden, has filed an application (2010287016)
on Aug. 30, 2010, for 'Drill string component for noise control during
percussion drilling.' Inventor(s): Jimmy Carlsson, Alexander Beronius,
Mathias Gothberg, Samuel Enblom and Goran Stenberg Application Status: Filed
The original document can be viewed at: http://pericles.ipaustralia.gov.au/ols/auspat/applicationDetails.do?applicationNo=2010287016

For any query
with respect to this article or any other content requirement, please contact
Editor at [email-masked]

US Patent Issued to Atlas Copco Secoroc on Jan. 24 for "Chuck
Assembly for a Down-Hole Drill" (Virginia Inventor)

U.S. Fed News

30 January 2012

[What follows is
the full text of the news story.]

ALEXANDRIA, Va.,
Jan. 30 -- United States Patent no. 8,100,200, issued on Jan. 24, was
assigned to Atlas Copco Secoroc LLC (Grand Prairie, Texas).

"Chuck
Assembly for a Down-Hole Drill" was invented by Dale Richard Wolfer (Salem,
Va.).

According to the
abstract released by the U.S. Patent & Trademark Office: "A chuck
assembly, an assembly for an earth-boring drill assembly, and a method of
retaining a drill bit for an earth-boring drill assembly, the drill assembly
including a casing. The assembly includes a drill bit having a generally
cylindrical head, a chuck connectable to the casing and operable to support
the bit, the chuck having an outer surface with a radially-outwardly
extending chuck ridge, an axially-extending first slot being defined in the
ridge, a sleeve having an inner surface with a radially-inwardly extending
sleeve ridge engageable with the chuck ridge to limit axial movement of the
sleeve relative to the chuck, the sleeve having a first lug supported on the
inner surface, the first lug being positionable in the first slot to limit
relative rotational movement between the sleeve and the chuck. The assembly
may also include a retainer assembly provided between the sleeve and the
bit."

The patent was
filed on Nov. 19, 2009, under Application No. 12/622,189.

For further
information please visit: http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=1&f=G&l=50&co1=AND&d=PTXT&s1=8100200&OS=8100200&RS=8100200

For any query
with respect to this article or any other content requirement, please contact
Editor at [email-masked]

Atlas Copco to Develop High-Speed Geothermal Drilling Technology

Business Wire

12 October 2011

[What follows is
the full text of the news story.]

Atlas Copco
Secoroc LLC and Sandia National Laboratories have been awarded MUSD 3.4
(around MSEK 20) by the U.S. Department of Energy (DOE) for a joint research
project. The aim is to develop technology that would significantly increase
the speed of drilling deep geothermal wells and reduce the cost of investment
in this renewable energy source.

STOCKHOLM--(BUSINESS
WIRE)-- Geothermal energy has great potential as an environmentally friendly
source of energy in many parts of the world, but developments are constrained
by the high costs related to drilling deep wells in hard rock and high
temperatures. Percussive tools, or down-the-hole hammers, are a promising
technology for geothermal exploration and development as they rely on mechanisms
well suited for the type of rock normally found in geothermal formations.
Compared to conventional geothermal drilling methods, down-the-hole hammers
could quadruple the penetration rates.

ï¿½We
look forward with great anticipation to the results of this
project,ï¿½ said Bob Fassl, Business Area President, Atlas
Copco Mining and Rock Excavation Technique. ï¿½Atlas Copco
already offers a wide range of products and services for geothermal
development projects and this is clearly a future growth market for the
Group.ï¿½

During the
three-year project Atlas Copco Secoroc will design, develop, and test
equipment. Sandia National Laboratories will provide computer models to
evaluate hammer performance, materials and components. Sandia will also
develop a high temperature test cell to evaluate hammer prototypes.

The grant is one
of 32 research and design projects for geothermal power production funded
through an initiative by the DOE's Office of Energy Efficiency and Renewable
Energy. These projects are designed to meet the challenge to generate 80% of
U.S. electricity from clean energy sources by 2035. Atlas Copco was awarded
the second largest contract in the DOE initiative, which totaled MUSD 38.

Atlas Copco is an
industrial group with world-leading positions in compressors, expanders and
air treatment systems, construction and mining equipment, power tools and
assembly systems. With innovative products and services, Atlas Copco delivers
solutions for sustainable productivity. The company was founded in 1873, is
based in Stockholm, Sweden, and has a global reach spanning more than 170
countries. In 2010, Atlas Copco had 33 000 employees and revenues of BSEK 70
(BEUR 7.3). Learn more at www.atlascopco.com.

Atlas
Copcoï¿½s 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.

This information
was brought to you by Cision http://www.cisionwire.com

Bob Fassl, Business Area President, Mining and Rock Excavation
Technique

+1 469 766 6242

or

Daniel Frykholm, Media Relations Manager

+46 (0)8ï¿½743 8060 or +46 (0)70 865 8060

Source: Atlas
Copco

Atlas Copco to develop high-speed geothermal drilling technology

Cision (English)

12 October 2011

[What follows is
the full text of the news story.]

Atlas Copco to
develop high-speed geothermal drilling technology

Stockholm,
Sweden, October 12, 2011: Atlas Copco Secoroc LLC and Sandia National
Laboratories have been awarded MUSD 3.4 (around MSEK 20) by the U.S.
Department of Energy (DOE) for a joint research project. The aim is to
develop technology that would significantly increase the speed of drilling
deep geothermal wells and reduce the cost of investment in this renewable
energy source.

Geothermal
energy has great potential as an environmentally friendly source of energy in
many parts of the world, but developments are constrained by the high costs
related to drilling deep wells in hard rock and high temperatures. Percussive
tools, or down-the-hole hammers, are a promising technology for geothermal
exploration and development as they rely on mechanisms well suited for the
type of rock normally found in geothermal formations. Compared to
conventional geothermal drilling methods, down-the-hole hammers could
quadruple the penetration rates.

ï¿½We
look forward with great anticipation to the results of this
project,ï¿½ said Bob Fassl, Business Area President, Atlas
Copco Mining and Rock Excavation Technique. ï¿½Atlas Copco
already offers a wide range of products and services for geothermal
development projects and this is clearly a future growth market for the
Group.ï¿½

During the
three-year project Atlas Copco Secoroc will design, develop, and test
equipment. Sandia National Laboratories will provide computer models to
evaluate hammer performance, materials and components. Sandia will also
develop a high temperature test cell to evaluate hammer prototypes.

The grant is one
of 32 research and design projects for geothermal power production funded
through an initiative by the DOE's Office of Energy Efficiency and Renewable
Energy. These projects are designed to meet the challenge to generate 80% of
U.S. electricity from clean energy sources by 2035. Atlas Copco was awarded
the second largest contract in the DOE initiative, which totaled MUSD 38.

For further
information please contact: Bob Fassl, Business Area President, Mining and
Rock Excavation Technique +1 469 766 6242

Daniel Frykholm,
Media Relations Manager +46 (0)8ï¿½743 8060 or +46 (0)70
865 8060

This information was brought to you by Cisionhttp://www.cisionwire.com

http://www.cisionwire.com/atlas-copco/r/atlas-copco-to-develop-high-speed-geothermal-drilling-technology,c9172813

The following files are available for download:

http://feed.ne.cision.com/client/waymaker1/f.aspx?id=1982043&fn=wkr0001.pdfAtlas
Copco to develop geothermal drilling technology

Australia Patent: Atlas Copco Secoroc Files Application for 'Down hole
hammer having elevated exhaust'

Australian Government

02 September 2011

[What follows is
the full text of the news story.]

Australia, Sept.
2 -- Atlas Copco Secoroc LLC, Texas, U.S., has filed an application
(2010213863) on Feb. 10, 2010, for 'Down hole hammer having elevated
exhaust.'

Inventor(s):
Leland H. Lyon and Warren T. Lay

Application
Status: Filed

Atlas Copco Secoroc LLC Files Patent Application for Down
Hole Hammer Having Elevated Exhaust

Indian Patent News

02 March 2012

[What follows is
the full text of the article.]

New Delhi, March
2 -- USA based Atlas Copco Secoroc LLC filed patent application for down hole
hammer having elevated exhaust. The inventors are Lyon Leland H and Lay
Warren T.

Atlas Copco
Secoroc LLC filed the patent application on July 21, 2011. The patent
application number is 3107/KOLNP/2011 A. The international classification
number is E21B4/14.

According to the
Controller General of Patents, Designs & Trade Marks, "A percussive
assisted rotary drill includes a top sub for connection with a drill pipe.
The drill pipe imparts torque to the drill and also supplies motive fluid to
the drill. The drill includes a shank adapter to facilitate affixing a rotary
drill bit to the drill. The motive fluid is divided between a bit flow which
flows through the bit to clear debris at the bottom of the drill, and an
actuator flow. An actuator, which may be in the form of a reciprocating
piston, moves within the drill under the influence of the actuator flow to
impart cyclical blows to the shank adapter. The blows are transferred to the
drill bit through the shank adapter to provide a relatively high frequency
low amplitude percussive force on the rotating drill bit to assist in the
drilling operation, At least a portion of the actuator flow portion of the
motive fluid is exhausted through the top end of the drill. The relative flow
rates and volumes of the bit and actuator flows can be adjusted with a check
valve in the actuator flow exhaust path."

Annual
Profit & Loss

31-Dec-2010

31-Dec-2009

31-Dec-2008

Period Length

12 Months

12 Months

12 Months

Filed Currency

SEK

SEK

SEK

Exchange Rate
(Period Average)

7.206564

7.645194

6.599156

Consolidated

No

No

No

Total Revenue

306.8

232.2

300.9

Gross Profit

75.5

55.9

48.4

Net Financial Items

-0.1

-0.8

-1.3

Operating Income

66.9

48.1

40.2

Income Before Tax

63.7

45.6

37.5

Net Income

46.9

34.3

25.9

Annual Balance Sheet

Financials in: USD (mil)

31-Dec-2010

31-Dec-2009

31-Dec-2008

Filed Currency

SEK

SEK

SEK

Exchange Rate

6.72285

7.1401

7.90795

Consolidated

No

No

No

Total Assets

169.0

138.1

137.9

Provisions

25.8

21.1

17.4

Total Liabilities

111.1

86.8

95.7

Total Equity

32.1

30.2

24.7

Annual Ratios

31-Dec-2010

31-Dec-2009

31-Dec-2008

Period Length

12 Months

12 Months

12 Months

Filed Currency

-

-

-

Exchange Rate

-

-

-

Consolidated

No

No

No

Operating Margin

21.80

20.73

13.38

Current Ratio

90.73

83.05

83.64

Total debt/total equity

29.99

32.85

27.03

Return on average equity

141.21

111.71

87.31

Annual Growth Rates

31-Dec-2009

31-Dec-2008

Period Length

12 Months

12 Months

Filed Currency

-

-

Exchange Rate

-

-

Consolidated

No

No

Turnover Percent Change

24.55%

-10.60%

Marginal Contribution Percent Change

27.34%

33.84%

Net Financial Items Percent Change

83.61%

27.60%

Operating Results Percent Change

31.01%

38.54%

Profit/Loss Before Tax Percent Change

31.62%

40.71%

Profit/Loss for the Year Percent Change

29.09%

53.14%

Assets Percent Change

15.17%

-9.54%

Provisions Percent Change

14.74%

9.73%

Debts Percent Change

20.45%

-18.11%

Equity Capital Percent Change

0.29%

10.04%

Operating Margin Percent Change

5.16%

54.93%

Current Ratio Percent Change

9.25%

-0.71%

Debt/Equity Ratio Percent Change

-8.71%

21.53%

Return On Equity Percent Change

26.41%

27.95%

FOREIGN EXCHANGE RATES

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.84

UK Pound

1

Rs.89.11

Euro

1

Rs.72.47

INFORMATION DETAILS

Report Prepared
by :

MNL

RATING EXPLANATIONS

RATING

STATUS

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums

Large

56-70

A

Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal
commitments.

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively
below average.

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity

Limited with
full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not
recommended

----

NB

New Business

----

This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors and their relative weights (as
indicated through %) are as follows:

Financial
condition (40%)            Ownership
background (20%)                  Payment
record (10%)

Credit history
(10%)                   Market
trend (10%)                                Operational
size (10%)