Tuesday, January 2, 2018

Atlas Copco renames Construction Equipment North America LLC to Power Technique North America LLC

Atlas Copco has announced Power Technique North America LLC as the new name of Construction Equipment North America LLC, effective January 1, 2018.

Power Technique was chosen as the name because U.S. and Canadian customers recognize power as the defining characteristic of the core product categories in the portfolio: air, power (including light) and flow.

The business area will serve multiple segments, including construction, industrial, drilling, oil and gas and petrochemicals. It will continue to comprise the Atlas Copco, Chicago Pneumatic and American Pneumatic Tools brands.

“Our commitment to the construction industry is as strong as ever,” said Scott Carnell, President of Power Technique North America. “However, we also serve customers in many other segments. The Power Technique name more accurately encompasses this and our overall product offering.”

Moving forward, Power Technique North America will offer products including portable compressors, generators, light towers and pumps along with dedicated construction products including handheld pneumatic, electric and hydraulic tools, and customized solutions.

The name change follows three 2017 Atlas Copco moves:

  • The divestment of the Atlas Copco Road Construction Equipment Division — including Dynapac rollers, pavers, and planers — to French industrial and construction company Fayat Group.
  • The announcement of a planned 2018 split into two companies, with Atlas Copco and new company Epicor focusing on mining, infrastructure and national resources customers.
  • The agreement, announced Dec. 22, to divest its concrete and compaction business to Husqvarna Group’s Construction Division. The divestment is subject to regulatory approvals and is expected to be completed during the first quarter of 2018. Products include complete ranges for concrete and compaction.

“The evolution to Power Technique will enable us to focus on our three pillars — air, power, and flow,” Carnell said. “We will continue to provide on-site products and solutions that power sustainable productivity for our customers.”

The Power Technique North America corporate office remains at the company’s new facility in Rock Hill, South Carolina and continues to support customers through dedicated service centers throughout North America. For more information, visit www.atlascopco.us or call (800) 732-6762.

Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and services focused on productivity, energy efficiency, safety and ergonomics.  The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2016, Atlas Copco had revenues of BSEK 101 (BEUR 11) and about 45,000 employees. Learn more at www.atlascopcogroup.com.

Atlas Copco’s Power Technique business area provides air, power and flow solutions through products such as mobile compressors, pumps, light towers and generators, along with a number of complementary products. It also offers specialty rental and provides services through a dedicated, global network. Power Technique innovates for sustainable productivity across multiple industries, including construction, manufacturing, oil and gas and exploration drilling. The business area is headquartered in Belgium. Product development and manufacturing units are located in Europe, Asia, South America and North America.

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