Atlas Copco acquires Clayhill distribution channel
Atlas Copco Compressors LLC, has purchased the Clayhill compressor distributorship from American Air Products, Inc. Clayhill operates in Minnesota, North Dakota, South Dakota and areas of Wisconsin.
“Feet on the street and maintaining the closest relationship with the customer continues to be a high priority for us in the US,” said Stephan Kuhn, business area president for Atlas Copco Compressor Technique. “This acquisition gives us the opportunity to bring some experienced sales and aftermarket people into Atlas Copco, and will allow for an even greater customer focus.”
Approximately 18 employees will join Atlas Copco from American Air Products as a result of this acquisition.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey