Atlas Copco (India) Ltd, a subsidiary of Atlas Copco AB (headquartered in Sweden), has commissioned its new unit adjacent to its existing facility at Nashik for the production of Road Construction Equipments (RECs).
"The new Road Construction Equipment manufacturing unit, which is located adjacent to its existing facility in Satpur areas of Maharashtra Industrial Development Corporation (MIDC), is spread over 3,500 sqft and will manufacture compactors and pavers. A compactor is a machine or mechanism used to reduce the size of waste material or soil through compaction. The company has invested around Rs 17 crore in this new road construction equipment manufacturing unit at Nashik,” sources told Business Standard.
Atlas Copco (India) Ltd has two facilities in the country located at Pune and Nashik. The company manufactures compressors at Pune, while it manufactures construction and mining equipments at Nashik facility.
The Nashik facility of Atlas Copco includes three production units covering products such as surface drilling equipment, rotary blast-hole and water-well drills, down-the-hole hammers and construction tools.
The surface drilling plant is the largest facility for manufacturing of pneumatic crawlers in the Atlas Copco Group, while the rotary blast-hole plant is Atlas Copco’s only such facility outside the US.
The construction tools plant is the sourcing hub for handheld pneumatic tools for the group.
Last year, Atlas Copco had invested Rs 52.50 crore to modernise and expand its Pune and Nashik facilities. The company invested Rs 28 crore in Nashik facility, while the rest of the investments (Rs 24.50 crore) were made in Pune facility.
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The company has concentrated on production of construction and mining equipments at Nashik facility, where it invested in new assembly units for surface drilling rigs and in a modernisation of the hand-held construction tools facility.
In Pune, investments were made for the modernisation of the compressor production facility, which has increased its capacity.