Atlas Copco acquires screw compressor company
Turkish manufacturer will strengthen company’s position in region
Atlas Copco has agreed to acquire the Ekomak Group, a Turkish manufacturer of industrial screw compressors, in a move that Atlas Copco officials said strengthening its market position in the region. Ekomak has a strong domestic position in industries such as metal works, textile and manufacturing.
The privately-held Ekomak was established in 1992 and has around 160 employees. The company develops, produces and sells stationary, oil-injected screw compressors, including variable frequency drive options.
Headquartered in Istanbul with manufacturing in Edirne, Turkey, Ekomak also has its own sales and service operations in Russia and Germany and a network of distributors for other countries.
“By acquiring Ekomak, we will further expand and strengthen our presence in Turkey and Russia. Ekomak is a well-established brand within its segments and markets. It has a strong potential for further growth and is a good complement to our existing offering,” says Stephan Kuhn, Business Area President for Compressor Technique.
Ekomak will be part of the Industrial Air division within Compressor Technique. The acquisition is expected to be closed during the third quarter of 2012.
Case Study Database
Get more exposure for your case study by uploading it to the Plant Engineering case study database, where end-users can identify relevant solutions and explore what the experts are doing to effectively implement a variety of technology and productivity related projects.
These case studies provide examples of how knowledgeable solution providers have used technology, processes and people to create effective and successful implementations in real-world situations. Case studies can be completed by filling out a simple online form where you can outline the project title, abstract, and full story in 1500 words or less; upload photos, videos and a logo.
Click here to visit the Case Study Database and upload your case study.
2012 Salary Survey
In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.
Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.