Home > Latest

Swedish compressor giant expands facilities in Wuxi National Hi-tech District

Updated : 2023-06-28
(wndonline.cn)

1687856678362047408.jpg

Wuxi government officials and executives from Atlas Copco lay the foundation of the company's compressor technique China headquarters. [Photo/WeChat account: xinwu_wx]

Atlas Copco, a Swedish multinational company specializing in air treatment, broke ground on its China headquarters for the research, development and manufacturing of compressors in Wuxi National Hi-tech District, East China's Jiangsu province on June 26.

The 3-billion-yuan ($416.12 million) headquarters represents the largest investment by Atlas Copco's Compressor Technique Business Area in the past 27 years, according to Vagner Rego, president of the business area.

1687856705224085790.jpg

Vagner Rego, president of Atlas Copco's Compressor Technique Business Area, delivers a speech at the groundbreaking ceremony. [Photo/WeChat account: xinwu_wx]

Expected to be in full use by the end of 2025, the headquarters will focus on expanding the output of core equipment and increasing energy efficiency. Rego noted that Atlas Copco hopes to provide a reliable solution to sustainable production with innovative and energy-saving products, as compressors account for 9 percent of China's industrial power consumption.

The Swedish group set up its first Chinese production base in Wuxi in 1994 and its business has been growing rapidly, with an increasing variety of products and services offered to global markets by its Wuxi branch.

The new headquarters will also help reinforce Wuxi's modern industrial system, which is underpinned by real economy.

     
Videos
 
微信截图_20241028140116 - 副本.jpg

Huishan Ancient Town among 20 must-visits in YRD

微信截图_20241017092432 - 副本.jpg

Chinese cultural relics on display at Wenyuan Lane

70004_2d977425-10b8-46e9-91a7-5832706f96b4.jpg

Germans engrossed by Jiangsu culture

微信图片_20240920103914.jpg

Jiangsu Week of Chinese Folk Music kicks off in Germany

News
Sports
Videos
Photos
Business
Biz Updates
Industries
Development Zones
Companies
Travel
Attractions
Dining
Accommodation
Shopping
Entertainment
Transportation
Maps
Culture
Culture News
Heritage
Museums
Events
Services
Visa
Marriage
Healthcare
Jobs
Education
Useful Info
Government
Mayor
Departments
Districts
Policies
About
Overview
Statistics
Sister Cities
E-books
Copyright © China Daily. All rights reserved.
The Information Office of Wuxi Municipal People's Government.
Presented by China Daily.
备案号:京ICP备13028878号-34