Metso´s biggest single investment in India, Metso Park inaugurated
(Thomson Reuters ONE) -
Metso Corporation's press release on March 10, 2010 at 00:30 p.m. local time
Metso's biggest single investment in India - Metso Park - was inaugurated on
Wednesday, March 10, in the city of Alwar in Rajasthan. Paving the way for an
even more significant operational and manufacturing presence in India, the
investment comprises multifunctional premises, including workshops, offices,
engineering, logistics and training centers. Metso Park will be completed in
phases from 2010 onward, and upon completion the EUR 30 million industrial
center will extend to an area of almost 47 acres and will provide employment
opportunities for up to 700 people.
Metso Park will cater to meeting the rapid growth in demand for the products and
services of Mining and Construction Technology in India and Metso's other
rapidly growing markets in Asia Pacific. The products manufactured at Metso Park
will be primarily delivered to our mining and construction industry customers in
India and neighboring areas. Some of the products will also be transported to
our other manufacturing units for adaptation for global markets. During the
first operational phase, Metso Park will manufacture components for mobile
crushing and screening plants, vibrating screens and vibrators, slurry pumps and
rubber products.
"During the past five years we have significantly strengthened our presence in
Asia and particularly India and our ability to serve our customers locally.
Metso Park is the largest single investment ever made in India by Metso and its
Mining and Construction Technology, confirming our confidence in the potential
market growth in India and in line with our strategy of growing our presence in
emerging markets. The investment will also significantly improve our
competitiveness not only in India, but in the whole of Asia Pacific market area.
In terms of our image, Metso Park is an integral complement to our supply and
manufacturing network," says Matti Kähkönen, President of Metso's Mining and
Construction Technology.
In addition to Metso Park, Metso´s Mining and Construction Technology operations
in India consist of a factory in Bawal, a foundry in Ahmedabad, and regional
sales and service offices in New Delhi, Bangalore, Kolkata, Thane, Hyderabad and
Chennai. Metso Group has currently altogether 17 units and 735 employees in
India.
Metso is a global supplier of sustainable technology and services for mining,
construction, power generation, automation, recycling and the pulp and paper
industries. We have about 27,000 employees in more than 50 countries.
www.metso.com
Further information for the press, please contact:
Matti Kähkönen, President, Mining and Construction Technology, Metso, tel. +358
20 484 3100
Sudhir Srivastava, Senior Vice President, Asia and Pacific market area, Mining
and Construction Technology, Metso, tel. +91 124 2351575
[HUG#1392421]
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Datum: 10.03.2010 - 05:30 Uhr
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