Atlas Copco takes over tools distribution in southern USA

Atlas Copco takes over tools distribution in southern USA

Stockholm, Sweden, June 2, 2010: Atlas Copco Tools & Assembly Systems
LLC has agreed to take over the sales and marketing of products and
services in southern United States from its current distributor Tooling
Technologies Inc. The agreement further strengthens Atlas Copco's
presence, market coverage and support to customers in the region.

“We are very pleased with this opportunity to integrate a larger part of
the U.S. into the Atlas Copco sales organization and offer our customers
an even wider range of sophisticated products, services and
accessories,” says Mats Rahmström, Business Area President, Atlas Copco
Industrial Technique. “The agreement broadens our customer base,
increases the aftermarket share of revenues and reduces the cost level.”
Tooling Technologies had revenues in 2009 of approximately MUSD 12 (MSEK
90). Sales are in Texas and surrounding states, including northern
Mexico. Customers are in the motor vehicle industries and general
industries, as well as segments such as petrochemical/oilfield, power
generation, government, electronics and aerospace.
Atlas Copco and Tooling Technologies have made a mutual agreement to
fully transfer the distribution of the Atlas Copco products and services
to Atlas Copco Tools & Assembly Systems LLC in the territory. Customers
in Mexico will be transferred to the Atlas Copco Customer Centre in
Mexico.

For further information please contact:
Mats Rahmström, Business Area President, Industrial Technique
+46 (0)8 743 9350 or +46 (0)70 899 9350
Love Liman, Media Relations
+46 (0)8 743 8060 or +46 (0)73 318 8060