Atlas Copco, road construction equipment--Atlas Copco to streamline production of road construction equipment

2 August 2010 - Swedish industrial technology group Atlas Copco AB (STO: ATCO A) said today its unit Dynapac Holding GmbH will consolidate its road construction equipment output by closing a German factory for planers and small pavers and by expanding two units in Germany and Sweden.

The factory in Lingen, Germany, will be closed down by the end of 2010, affecting 170 people.

Also in Germany, the manufacturing unit in Wardenburg will be further expanded and investments in new production facilities and competence centre for planers will be made in Karlskrona, Sweden.

Sales, service and marketing of Atlas Copco's road construction equipment will not be affected by the plan.

Source: TradingMarkets.com