MIRA INFORM REPORT

 

 

Report Date :

25.07.2012

 

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: infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Sweden

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 

Company name and address

 

Top of Form

Bottom of Form

Top of Form

 

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 Boström

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

SĂ£o Paulo , SĂ£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

Ă–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

Köln, 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 México

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-WĂ¼rttemberg

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. - DivisĂ£o

Subsidiary

SĂ£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

Grängesberg, 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 Española

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, Oberösterreich

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

Köngen, Baden-WĂ¼rttemberg

Germany

Miscellaneous Capital Goods

18.7

19

 

Alup Cz. spol. S.r.o.

Subsidiary

Breclav

Czech Republic

Miscellaneous Capital Goods

 

 

 

CP Scanrotor ab

Subsidiary

Fjällbacka, Västra Götaland

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 Ibérica, LDA

Subsidiary

Cortegaça 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

Köngen

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

SĂ£o Paolo

Brazil

Construction and Agriculture Machinery

 

 

 

Dynapac (SA) (Pty) Ltd.

Branch

Johannesburg

South Africa

Miscellaneous Capital Goods

 

 

 

Rodcraft Pneumatic Tools GmbH

Subsidiary

MĂ¼lheim 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 Démolition S.A

Subsidiary

Saint Ouen l'AumĂ´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

Björn Rosengren

 

Chairman

Chairman

Robert Frank Fassl

 

ledamot och ordförande

Director/Board Member

Bengt Birger Lindgren

 

ledamot

Director/Board Member

Kjell Ă…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-Ă…ke Stefansson

 

Personnel Director

Human Resources Executive

Sture Stenqvist

 

Marketing Director

Marketing Executive

Alf Stenqvist

 

Marketing / Communication Executive

Marketing Executive

Glenn Boström

 

IT Manager

Engineering/Technical Executive

Anders Gustafsson

 

Production Director

Product Management Executive

Nils-Erik Haglund

 

Purchasing Director

Purchasing Executive

Anders Ă–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 htsyndication@hindustantimes.com

 

 

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 htsyndication@hindustantimes.com

 

 

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.

�We look forward with great anticipation to the results of this project,� said Bob Fassl, Business Area President, Atlas Copco Mining and Rock Excavation Technique. �Atlas 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.�

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 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.

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)8�743 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.

�We look forward with great anticipation to the results of this project,� said Bob Fassl, Business Area President, Atlas Copco Mining and Rock Excavation Technique. �Atlas 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.�

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)8�743 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

The original document can be viewed at: http://pericles.ipaustralia.gov.au/ols/auspat/applicationDetails.do?applicationNo=2010213863

For any query with respect to this article or any other content requirement, please contact Editor at htsyndication@hindustantimes.com

 

 

 

 

 

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."

Copyright Contify.com


COPYRIGHT 2012 Indian Patent News

 

 

 

     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%

Retun On Equity Percent Change

26.41%

27.95%

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.56.01

UK Pound

1

Rs.86.89

Euro

1

Rs.67.83

 

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions