Atlas Copco celebrates 150 years with Nasdaq opening ceremony

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Atlas Copco marked its 150th anniversary on 21 February 2023 by ringing the opening bell at the Nasdaq stock exchange in New York City.

Founded in Stockholm, Sweden in 1873, Atlas Copco initially delivered equipment for the construction of the Swedish railroad system. Since then, the Group has evolved and today supports customers in many different industries, from food production to space travel.

Serving over 180 countries, Atlas Copco today is a leading producer of industrial productivity solutions. Every day, around the world products are manufactured, facilities are constructed, critical fasteners are secured, processes are pressurized and cleaned, and all types of gasses are compressed and turned into energy. This may seem like a collection of unrelated processes, but Atlas Copco’s solutions unite them all. Globally, Atlas Copco employs over 49.000 people, comprises around 60 unique brands, and has global revenues in excess of $13 BUSD.

“We are extremely proud of our past, and we continue to shape the future through our technologies and service solutions – said Mats Rahmström, CEO and president of the Atlas Copco Group -. Much has changed since 1873 when we were a small local start-up. But I think our founders would recognize our innovative spirit, the passion shown by our employees and our dedication to drive development together with our customers”.

As part of the company’s birthday celebration, their employee-led clean drinking water organization, Water for All, will make its largest ever single donation to a project, pledging US $150.000 to US-based organization charity water for a project in Ethiopia. Over the last 12 years, Atlas Copco’s U.S. Water for All program has supported over 60 projects across 25 countries and helped several hundred-thousand people gain access to clean water – donating over $2.5 million in the process. For every dollar an employee donates, the company adds another two dollars, making a double match.

“As we celebrate this milestone, we plan to make 2023 a year that lives long in the memory of our employees, customers, suppliers, and other key stakeholders – said Aaron Prato, VP Holding for Atlas Copco North America -. This celebration started with our team members joining together for the opening of the Nasdaq stock exchange on our birthday, and will continue with parties at offices across our entire global network. I am so proud that our employee-led Water for All organization is able to once again support charity: water and make such a sizable donation. This is just the start; over the coming weeks and months, we will continue the celebration by announcing many more exciting and impactful initiatives”.

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