Atlas Copco announced it turned 150, and, in commemoration of this milestone, representatives from the company joined in ringing NASDAQ’s opening bell in New York City on February 21, 2023.
Founded on this day in Stockholm in 1873, Atlas Copco has spent the last century and a half driving development and delivering breakthrough innovations to international customers in many different industries, the company says.
“We are extremely proud of our past, and we continue to shape the future through our technologies and service solutions,” said Mats Rahmström, CEO and president of the Atlas Copco Group. “Much has changed since 1873 when we were a small local start-up. But I think our founders would recognize our innovative spirit, the passion shown by our employees, and our dedication to drive development together with our customers.”
As part of the Company’s 150 birthday celebration, its employee-led clean drinking water organization, Water for All, will make its largest ever single donation to a project, pledging $150,000 to U.S.-based organization charity: water for a project in Ethiopia. Over the last 12 years, Atlas Copco’s U.S. Water for All program has supported over 60 projects across 25 countries and helped several hundred-thousand people gain access to clean water – donating over $2.5 million in the process, according to Atlas Copco. For every dollar an employee donates, the company adds another two dollars, making a double match.
“As we celebrate this milestone, we plan to make 2023 a year that lives long in the memory of our employees, customers, suppliers, and other key stakeholders,” said Aaron Prato, VP Holding for Atlas Copco North America. “This celebration started with our team members joining together for the opening of the NASDAQ stock exchange on our birthday, and will continue with parties at offices across our entire global network.”