Free press releases distribution network?

Agency / Source: Metso Corporation

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Metso Has Finalized the Sale of the Tampere Foundry in Finland to TEVO - Metso has finalized the sale of the Tampere foundry, announced December 19, 2014, to the Finnish company TEVO Oy - TEVO.fi / Metso.com
Metso Has Finalized the Sale of the Tampere Foundry in Finland to TEVO

 

PRZOOM - /newswire/ - Helsinki, Finland, 2015/04/13 - Metso has finalized the sale of the Tampere foundry, announced December 19, 2014, to the Finnish company TEVO Oy - TEVO.fi / Metso.com. MEO1V.HE

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The business was transferred to the new owner on April 13, 2015. The sales price will not be disclosed. In conjunction with the sale, all foundry personnel transferred to TEVO Oy with their existing employment contracts.

"Tampere foundry's expertise, equipment and product portfolio are mainly centered around demanding steel castings that are outside Metso's selected customer sectors, e.g. in the shipbuilding and hydropower industries. The divestment of the foundry supports Metso's strategy and gives both parties the opportunity for a positive future and collaboration," says Juha Silvennoinen, President, Services business area, Metso.

After the sale, Metso has five of its own foundries and a comprehensive network of casting suppliers serving the mining and aggregates industries. Metso's own foundries are located in Ahmedabad, India; Isithebe, South Africa; Prerov, Czech Republic; Quzhou, China; and Sorocaba, Brazil.

TEVO (tevo.fi) is a family-owned business originally from Raahe in western Finland; it has been in business for over 40 years. TEVO is an internationally operating heavy-duty machine engineering workshop, whose business has expanded from the steel and paper industries to the offshore and shipbuilding industries. TEVO specializes in complex steel structures and specialty welding. Its own product offering consists of, e.g., bronze propellers for sea-going vessels and specialty rolls for paper industry. With the acquisition, TEVO employs approximately 260 professionals at its Raahe, Turenki and Tampere sites in Finland. Over 50% of TEVO's annual net sales of about EUR 50 million come from exports. TEVO is a financially solid and trustworthy partner. It is one of the most successful companies in its sector in Finland.

Metso (metso.com) 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.

Contacts:
Pirjo Virtanen, VP Operations and Site Manager, Tampere, Finland, Metso, T: +358 20 484 4237 - E: pirjo.virtanen[.]metso.com
Teuvo Joensuu, Managing Director, TEVO Oy, T: +358 40 504 7655 - E: teuvo.joensuu[.]tevo.fi
Jussi Ollila, Vice President, Global Communications, Metso Corporation, T: +358 20 484 3212 - E: jussi.ollila[.]metso.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Metso Corporation

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing/Robotics articles,
CATCH Visitors via Your Competitors Announcements!


Metso Has Finalized the Sale of the Tampere Foundry in Finland to TEVO

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Metso | TEVO
Contact: Press Office - Metso.com 
+358 20 484 100 metso.info[.]metso.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Metso Corporation securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing/Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Metso Corporation / Company Profile


Read Manufacturing/Robotics Most Recent Related Press Releases:

BASF Launches Ucrete MF40AS Industrial Flooring System on the European Market
Raritan Unveils Intelligent Cabinet Concept in Collaboration with Legrand Data Communications At Gartner Conference
Beretta Continues Global Celebration of its 490th Anniversary with Unveiling of One-of-a-Kind Shotgun in New York City
LANXESS Virkon S Proven to Kill Highly Pathogenic Avian Influenza Strains
BASF to Offer Tailor-made Product Innovation At European Coatings Show
Nexans to Drive Sustainable Transportation At its Annual Technical Conference
Tripp Lite Introduces A New Series of Pre-assembled 40 Gb to 10 Gb Breakout Fiber Patch Panels
Borealis and Asmidal Sign Memorandum of Understanding to Jointly Evaluate Opportunities for Melamine Production in Algeria
SCHOTT’s New Ultra-Thin Glass is the Thinnest, Toughest, Most Eco-Friendly Glass for Consumer Electronics
Hexagon Manufacturing Intelligence Supplies PTB with Leitz PMM-G

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  Triggr & Bloom

Visit  JobsWare.com

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today