Incap is planning to outsource the sheet-metal business of its Helsinki
(Thomson Reuters ONE) -
Incap Corporation Stock Exchange Release
17 September 2010 at 9:30 a.m.
INCAP IS PLANNING TO OUTSOURCE THE SHEET-METAL BUSINESS OF ITS HELSINKI PLANT
Incap Corporation and Lankapaja Corporation have signed a letter of intent
regarding the sale of the sheet- metal business of Incap's Helsinki plant. The
intention is to sign the actual agreement so that the sheet-metal production at
the plant will be transferred to Lankapaja on 1 January 2011.
Incap's Helsinki plant is specialised in the manufacture of sheet-metal
mechanics and final assembly. If the agreement is concluded, the personnel of
Incap's sheet-metal mechanics will transfer to the service of Lankapaja as
continuing employees. The sheet-metal machining centres of the plant would also
be transferred to Lankapaja, who would continue production at Incap's current
premises for the time being according to the preliminary plan.
The planned sale of business is consistent with Incap's strategy, and if
concluded, will enable the specialisation of the Helsinki plant into an final
assembly plant. Incap's goal is to increase the share of deliveries of
large-scale product packages to customers both in the energy efficiency and
well-being industries. At the same time, the company's resources for focusing in
final assembly will be enhanced further.
Incap will not completely give up sheet-metal manufacture, as the company will
retain its mechanics manufacturing at the Vaasa plant.
According to Sami Mykkänen, the President and CEO of Incap, the business sale
currently being negotiated is one step in the structural change Incap is
undergoing. "We are focusing our resources on the core areas in our strategy and
specialising in the operations where we can offer the greatest added value to
our customers. Our cooperation with Lankapaja enables us to continue acquiring
mechanical parts for manufacturing assemblies at a competitive price."
Lankapaja has 75 years of experience in metal manufacture. Lankapaja has several
manufacturing units, of which the sheet-metal unit is one of the largest in the
company. The company currently employs 100 persons at the approximately 12,000
m2 plant in Nummela.
INCAP CORPORATION
Sami Mykkänen
President and CEO
For additional information, please contact:
Sami Mykkänen, President and CEO, tel. +358 40 559 9047
Eeva Vaajoensuu, Chief Financial Officer, tel. +358 40 763 6570
Hannele Pöllä, Director of Communications and Human Resources, tel. 040 504 8296
DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Principal media
www.incap.fi
INCAP IN BRIEF
Incap Corporation is an internationally operating contract manufacturer whose
comprehensive services cover the entire life-cycle of electromechanical products
from design and manufacture to maintenance services. Incap's customers include
leading equipment suppliers in energy efficiency and well-being technologies,
for which the company produces competitiveness as a strategic partner. Incap has
operations in Finland, Estonia and India. The Group's revenue in 2009 amounted
to EUR 70 million and the company currently employs approximately 800 people.
Incap's share is listed on the NASDAQ OMX Helsinki. Additional information:
www.incap.fi.
[HUG#1444997]
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters 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: Incap Oyj via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 17.09.2010 - 08:32 Uhr
Sprache: Deutsch
News-ID 42786
Anzahl Zeichen: 0
contact information:
Town:
Helsinki
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 209 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Incap is planning to outsource the sheet-metal business of its Helsinki"
steht unter der journalistisch-redaktionellen Verantwortung von
Incap Oyj (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
