Stock Exchange release November 16, 2006 07:02:36 AM CET

Metso opens new production facility in the USA

Metso Minerals opened yesterday a new production facility and a North American logistics center for crushing and screening equipment in Columbia, South Carolina, USA. The Columbia facility assembles track-mounted crushing equipment and manufactures stationary and mobile screening and vibrating equipment for the aggregates production and construction markets. The total costs of the investment were approximately EUR 8 million including rearrangements in production facilities and logistic functions.
 
"Our new facility provides us with manufacturing and assembly space as well as ware-housing, enhancing our productivity and ability to quickly serve our customers in North and Central America. We have consolidated operations that were previously spread among several U.S. sites into our new facility. In addition, the new facility enables the assembly of track-mounted crushing units in the middle of a quickly growing market area," stated John Olsen, President of North and Central America market region, Metso Minerals.
           
The plant covers more than 40 acres (16 hectares) and has 203,000 square feet (18,854 m2) of factory and office space. Metso currently employs 60 people at Columbia, and that number is expected to increase to approximately 150 when the plant is fully operational next year.
 
Metso Minerals has around 15 production, sales and service units in the USA and it employs some 1,250 people.
 
Metso is a global engineering and technology corporation with 2005 net sales of approximately EUR 4.2 billion. Its 22,000 employees in more than 50 countries serve customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries.
www.metso.com
 
For further information, please contact:
John Stolowski, General Manager, Marketing, North America Region, Metso Minerals,
tel. +1 262 717 2639
Jouni Salo, President, Crushing and Screening, Metso Minerals, tel. +1 803 699 4226