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| Name | Symbol | Market | Type |
|---|---|---|---|
| Atlas Copco (PK) | USOTC:ATLKY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.01 | 0.06% | 17.81 | 17.65 | 18.03 | 17.88 | 17.53 | 17.53 | 503,412 | 21:05:29 |
From May 2022 to May 2024
By Dominic Chopping
STOCKHOLM--Swedish industrial tool maker Atlas Copco AB said Wednesday it will invest 70 million euros ($73.7 million) over three years in production capacity and expanding research and development at its existing facilities in Antwerp, Belgium.
The investments include an extension of the Compressor Technique unit's smart factory, as well as production technology, it said.
The investments in Wilrijk--the area of Antwerp where Atlas Copco develops and produces compressors--will be in production technology and machinery, expansion of laboratories, additional production space for key compressor components, and more office space, it added.
Atlas Copco will also continue to invest in upskilling the workforce, it said.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
June 29, 2022 09:46 ET (13:46 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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