BRIEF-Atlas Copco buys small U.S. drill bits maker

STOCKHOLM, Sept 25 Tue Sep 25, 2012 9:03am EDT

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STOCKHOLM, Sept 25 (Reuters) - Atlas Copco : * Acquires U.S. manufacturer of drill bits, NewTech Drilling Products, LLC * Adds new type of high-quality product to group's offering for mining and oil and gas drilling. * NewTech was privately owned, employs 20 people and had revenues in 2011 of $6.5 million