Market activity in the aggregates markets in Europe and especially in the Nordics has been considerably weaker, resulting in declining orders for Metso’s Tampere plant. Uncertainty in these markets and the subsequent cautiousness by the customers to buy new equipment has been increasing since spring 2022. At the same time, the inventories of manufactured equipment in the Tampere plant are at a higher level than normally.
To adjust its aggregates equipment manufacturing to the temporarily lower production plan, Metso Outotec Finland Oy has invited employee representatives to a consultation process at its Tampere, Finland crushing equipment plant organization. The possible need for fixed-term layoffs is maximum 90 days. The layoffs would be implemented during the rest of 2023.
Pasi Vuorinen, Vice President, Tampere plant, Aggregates business area, Metso, tel. +358 20 484 142, email pasi.vuorinen(at)mogroup.com
Helena Marjaranta, Vice President, Communications and Brand, Metso, tel. +358 20 484 3212, email helena.marjaranta(at)mogroup.com
Metso is a frontrunner in providing sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. By helping our customers increase their productivity, improve their energy and water efficiency and environmental performance with our process and product expertise, we are the partner for positive change.
Headquartered in Helsinki, Finland, Metso employs over 16,000 people in close to 50 countries and sales for 2022 were about EUR 5.3 billion. The company is listed on the Nasdaq Helsinki. metso.com, www.metso.com/twitter/