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Atlas Copco companies develop, manufacture, service, and rent industrial tools, air compressors (of which it is the world's leading producer), [8] construction and assembly systems. The Group operates in four areas: Compressor Technology, Vacuum Technology, Power Technology and Industrial Technology.
Chicago Pneumatic is a brand name in the pneumatic tool industry with a history tracing back to 1901. John W. Duntley had in mind the idea of sourcing and selling construction tools "that weren’t yet available". He established the Chicago Pneumatic Tool Company, [5] with an office in Chicago.
It was founded in 1934 as AB Vibro-Betong in Stockholm. In 1936 the vibratory compactor was developed by a mechanical engineer Hilding Svenson. In 1940 the company name changed to AB Vibro-Verken. In 1947 it launched the first vibratory plate compactor, which weighed 1.5 tonnes, being nicknamed the frog. It opened its research laboratory in ...
It was created as a result of Atlas Copco's decision to split out its legacy business of mining equipment. Atlas Copco began to produce rock drills in 1905. In January 2017, Atlas Copco's board of directors decided to propose to the Annual General Meeting that the company be divided, and that the mining and infrastructure business be listed as ...
He was CEO of Atlas Copco MCT AB (Mining and Construction Technique) in Stockholm from 1968 to 1970 and Vice CEO of Atlas Copco AB from 1970 to 1974. Wallenberg was industrial advisor to the Skandinaviska Enskilda Banken (SEB) from 1974. [ 4 ]
SALTUS Industrial Technique GmbH, or SALTUS, located in Solingen/Germany is a part of the Swedish Atlas Copco Group with main office in Stockholm/Sweden. Saltus is integrated in the Group since 2013 as product company with focus of engineering and production of torque wrenches as well as sockets, bits and special, customized sockets.
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The Wallenberg family is a prominent Swedish family renowned as bankers, industrialists, politicians, bureaucrats and diplomats, present in most large Swedish industrial groups, like EQT AB, Ericsson, Electrolux, ABB, SAS Group, SKF, Atlas Copco, Saab AB, and more. In the 1970s, the Wallenberg family businesses employed 40% of Sweden's ...