News & Updates

News & Updates

Hitachi to buy Accudyne Industries' SULLAIR business

By Harveer Chawla : 26 April 2017

Japanese multinational company Hitachi Ltd on 25th April, 2017 struck a deal to buy the air compressor business of Sullair by Accudyne Industries for $1.245 billion.

Sullair is a major manufacturer of portable and stationary rotary screw air . . . Read More


Mumbai Railway Ministry has ordered 2,000 new coaches with less noisy compressor motors

24 April 2017

Your daily train commute on the Mumbai suburban railway is as noisy as an alarm clock ringing constantly, according to a study. While the study revealed that the Western Railway is the noisiest at 119.1 dB . . . Read More


Atlas Copco opens its new manufacturing unit in Hyderabad, India

By Harveer Chawla : 20 April 2017

Atlas Copco has opened its new manufacturing unit at Cherlapally in Hyderabad.

Atlas Copco has invested Rs. 80 crore in doubling the capacity of the existing plant located in Cherlapally industrial area, Hyderabad . . . Read More

ELGi Equipments: Intimation about the date of Board Meeting

19 April 2017

This is to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, 9th Day of May, 2017, at Coimbatore . . . Read More


Vallum Capital Advisors advises looking at capital goods sector like the compressor companies

By Harveer Chawla : 11 April 2017

The big question retail investors are faced with is where to find value when the Sensex and Nifty are at 30,000 and 9,200 levels respectively. Madhusudan Sarda, Executive Director . . . Read More


Atlas Copco has agreed to acquire another Air Compressor Manufacturer

7 April 2017

Atlas Copco, a leading provider of sustainable productivity solutions, has agreed to . . . Read More


Axis Direct recommends HOLD rating on Elgi Equipments with a target price of Rs 230

25 March 2017

Research report on Elgi Equipments by Axis Direct

With best-in-class product suite (both in terms of width and quality), Elgi Equipments Ltd has drawn up a plan in conjunction with Boston Consulting Group (BCG) to revitalize . . . Read More


Atlas Copco Manufactures First Portable Compressor at New Rock Hill Plant

By Harveer Chawla : 20 March 2017


Atlas Copco has manufactured its first piece of equipment, an XAS 185 portable air compressor, at its new production unit in Rock Hill, S.C. In Jan. 2016 construction on the new facility began, and includes . . . Read More


Sullair Opens Virtual Reality and Hands-On Training Centre

5 March 2017


Air Compressor manufacturer Sullair, has opened a new, state-of-the-art training centre in Michigan City. “We believe this new training facility will help us better support our worldwide distributor network and end users,” said Taylor Patz, training manager at Sullair. . . . Read More


Fayat buys Atlas Copco Dynapac Division

4 March 2017


Fayat has agreed to buy the Road Construction Equipment Division of Atlas Copco, which manufactures rollers for asphalt and soil applications, pavers and planers. These products are known . . . Read More


 

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