Outokumpu ? ironworks in Degerfors celebrates 350 years

Outokumpu ? ironworks in Degerfors celebrates 350 years

ID: 44644

(Thomson Reuters ONE) -


PRESS RELEASE
October 8, 2010, kl 10.00 EET


350 years ago, Georg Camitz started iron production by the river Letälven in
Degerfors, Sweden. That was the foundation of the ironworks that during the
centuries has had great impact on the community of Degerfors.

In the 1970s, the production of stainless steel was started. Today, there are
three Outokumpu units in Degerfors and about 550 people are employed.

Beside the state of the art dispatch hall that was inaugurated a year ago,
Outokumpu is now investing 104 million euro in the production of special grade
quarto plate in Degerfors.

"We have a long tradition of making steel and a modern production that we now
are investing in further. The work is ongoing at full speed and the investment
will give us a more efficient production, higher product quality and a better
working environment. We are very happy about this and are positive about the
future", says Leif Rosén who is heading Business unit Special Coil & Plate.

Outokumpu in Degerfors is the global market leader in quarto plate, the
speciality is duplex special grades. Stainless steel from Degerfors can be found
in desalination plants in the Arabic desert, in tankers shipping juice, as well
as in spectacular bridges in Spain and Hong Kong.


For more information, please contact:

Leif Rosén, Head of Business unit Special Coil & Plate, tel +46 586 47600
Olle Källgren, Site manager, tel +46 586 47401
Elisabeth Hansson, Communications manager Sweden, tel +46 76 760 60 20

OUTOKUMPU OYJ


Outokumpu is a global leader in stainless steel. Our vision is to be the
undisputed number one in stainless, with success based on operational
excellence. Customers in a wide range of industries use our stainless steel and
services worldwide. Being fully recyclable, maintenance-free, as well as very




strong and durable material, stainless steel is one of the key building blocks
for sustainable future. Outokumpu operates in some 30 countries and employs some
8 000 people. The Group's head office is located in Espoo, Finland. Outokumpu
has been listed on the NASDAQ OMX Helsinki since 1988.
www.outokumpu.com



[HUG#1449928]





ENG Degerfors 350 years 08102010:
http://hugin.info/3010/R/1449928/391606.pdf




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Source: Outokumpu Oyj via Thomson Reuters ONE


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Datum: 08.10.2010 - 09:00 Uhr
Sprache: Deutsch
News-ID 44644
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