With businesses both Swedish and American, you may not think of construction and mining equipment. But you should. Atlas Copco USA Holdings operates throughout the US, Canada, and Mexico, as an arm of Swedish manufacturing giant Atlas Copco AB. The US-based business manufactures a slew of compressors and generators, construction and mining equipment, and power tools. Its power tool lineup includes air assembly devices, grinders, drills, air motors, hoists and trolleys, and related services. Demolition equipment, rock drills, blast hole drilling rigs, and exploration drilling tools are part of the list of mining and construction offerings. North America generates about 18% of the parent company's total sales.
Atlas Copco USA faces a number of challenges in the American marketplace. To counter its most significant -- maturity, the company pursues acquisitions that enhance its product offerings and distribution presence. In 2011, subsidiary Atlas Copco Mafi-Trench purchased the pump business of J.C. Carter. The deal refreshes Atlas Copco USA's roster of compressor equipment customers in the natural gas processing industry.
Hard on its heels, its parent company took over Quincy Compressor, a major maker of reciprocating and rotary screw compressors and vacuum pumps, from EnPro Industries for $190 million. Smaller acquisitions include the compressor division of Premier Equipment and certain assets of American Air Products (doing business as Clayhill). Established in Louisiana and in the northern US, respectively, the businesses expand the reach of Atlas Copco USA's regional operations.
Its smallest division, Industrial Technique (electric and pneumatic tools and assembly systems for automotive and general industrial OEMs) acquired two tool distributors in 2010: Tooling Technologies, operating in Texas and surrounding states, and northern Mexico; and Kramer Air Tools, in Michigan. Atlas Copco USA also opened a new distribution center, providing yet another entre to service customers. – less