Atlas Copco sets up new production facility in China

Atlas Copco sets up new production facility in China

Stockholm, Sweden, December 17, 2009: Atlas Copco has begun construction of a
new production facility in China for its Gas and Process division. Investing
more than MSEK 100 (more than 10 MEUR) in the project, the division is
strengthening its presence in the Asian market and positioning itself for future
growth in customer segments such as the chemical/petrochemical, air separation
industries, and other applications. 

The facility, to be completed and operational in late 2010, is located in
Shanghai and will serve China and other countries in the region. Atlas Copco
will assemble and package its entire range of turbocompressors and expansion
turbines at the new facility, improving overall efficiency in packaging, order
handling, as well as its aftermarket presence. 

“China, Korea, Japan and Southeast Asia are markets with vast potential for
turbomachinery solutions. Producing closer to the customer will help us be more
efficient across the board, from purchasing of components all the way to the
aftermarket,” says Stephan Kuhn, Business Area President of Atlas Copco
Compressor Technique. 

As part of the investment initiative, Atlas Copco Gas and Process will also
implement all relevant quality standards at the plant, including ISO
certifications and necessary local standards.

For further information please contact:
Stephan Kuhn, Business Area President, Compressor Technique
+32 (0)3 870 2938 or +32 (0)474 881 154
Daniel Frykholm, Media Relations Manager
+46 (0)8 743 8060 or +46 (0)70 865 8060

Atlas Copco may be required to disclose the information provided herein pursuant
to the Securities Markets Act. 

Atlas Copco is a world leading provider of industrial productivity solutions.
The products and services range from compressed air and gas equipment,
generators, construction and mining equipment, industrial tools and assembly
systems, to related aftermarket and rental. In close cooperation with customers
and business partners, and with 136 years of experience, Atlas Copco innovates
for superior productivity. Headquartered in Stockholm, Sweden, the Group's
global reach spans more than 160 markets. In 2008, Atlas Copco had 34 000
employees and revenues of BSEK 74 (BEUR 7.7). Learn more at www.atlascopco.com.

Gas and Process is a division within Atlas Copco's Compressor Technique business
area. It develops, manufactures and markets large, customized gas and process
compressors and turbo expanders, and their respective aftermarket products. Its
products are used primarily by the oil and gas, chemical/petrochemical process
and power industries worldwide, and also by industries that specialize in gas
production through air separation. The divisional headquarters and main
production center is located in Cologne, Germany.