Metso continues to transform its mining business operations and announces the closure of the manufacturing plant in York, Pennsylvania, USA
(Thomson Reuters ONE) -
Metso continues to transform its mining business operations and announces the
closure of the manufacturing plant in York, Pennsylvania, USA
Metso Corporation's press release on August 17, 2015 at 12:00 noon EEST
Metso continues to transform its mining business operations and announces the
closure of the manufacturing operations at the York, Pennsylvania, USA plant as
of March 31, 2016. The decision affects approximately 80 employees currently
employed at the plant. Metso's other business operations operating out of the
York offices will not be affected and the company will continue to offer Metso's
full scope of engineering, equipment and services to its customers.
"The mining industry is changing their business model to cope with the current
market outlook. This is a permanent change in the mining industry and we need to
find new and more efficient ways to run our business. After careful evaluation
of our supply chain model, as well as the current and future workload, we did
not see any other option than to close the York manufacturing plant. This is a
very unpleasant but necessary action for us", says João Ney Colagrossi,
President, Minerals business area, Metso.
The market outlook in the mining industry remains unchanged. Metso continues to
transform its mining business operations by implementing a leaner business
model, employing a light assets and sourcing concept to fulfill customer demand
while sustaining improved operating results. As an earlier initiative, Metso
closed the manufacturing operations at the Lachine manufacturing plant in
Quebec, Canada in the first half of 2015, affecting 191 employees.
Metso is the world's leading industrial company in the mining and aggregates
industries and in the flow control business. Our knowledge, people and solutions
help drive sustainable improvements in performance and profitability in our
customers' businesses.
Metso has an uncompromising attitude towards safety. Our products range from
mining and construction equipment and systems to industrial valves and controls.
Our solutions are delivered and supported by decades of process knowledge and a
broad scope of services backed by a global footprint of over 90 service centers,
thousands of service employees, and an extensive logistics network.
Metso is listed on the NASDAQ OMX Helsinki, Finland. In 2014, Metso's net sales
totaled EUR 3.7 billion. Metso employs approximately 14,000 industry experts in
more than 50 countries. Expect results.
www.metso.com, www.twitter.com/metsogroup
For further information, please contact:
Korlan Strayer, Senior Vice President, Global Procurement, Minerals, Metso, Tel.
+1 717 849 7419, Email: korlan.strayer(at)metso.com
Jussi Ollila, Vice President, Global Communications, Metso Corporation, Tel.
+358 20 484 3212, Email: jussi.ollila(at)metso.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Metso Corporation via GlobeNewswire
[HUG#1945944]
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 17.08.2015 - 11:00 Uhr
Sprache: Deutsch
News-ID 414029
Anzahl Zeichen: 3679
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Town:
Helsinki
Kategorie:
Business News
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