PRTODAY / NewswireToday Free press release distribution service network

Written by / 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 Completes the Acquisition of the Chinese Steel Foundry - The acquisition improves Metso’s capabilities to supply wear parts to its mining and construction industry customers in China and other markets in Asia-Pacific - Metso.com
Metso Completes the Acquisition of the Chinese Steel Foundry

 

NewswireToday - /newswire/ - Helsinki, Finland, 2013/08/08 - The acquisition improves Metso’s capabilities to supply wear parts to its mining and construction industry customers in China and other markets in Asia-Pacific - Metso.com. MEO1V.HE

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Mining/Metal/Mineral Announcements

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


 

Metso has completed the acquisition of the steel foundry in Quzhou City, Zheijang Province some 400 km Southwest of Shanghai, announced in February 2013. The acquired assets of Quzhou Juxin Machinery Co., Ltd and Quzhou Chixin Machinery Co., Ltd and approximately 220 employees will transfer to Metso as of today. The value of the acquisition will not be disclosed.

The target of the acquisition is to improve Metso’s capabilities to supply wear parts to our mining and construction industry customers in China and other markets in Asia- Pacific. “I am really pleased that we were able to close this important acquisition this fast. It gives us good starting point to develop the Quzhou foundry as part of Metso. We already have the most extensive services center and distribution network in our industry. With this acquisition we will strengthen our manufacturing presence in China and further develop our services business”, says João Ney Colagrossi, President, Services business line, Mining and Construction, Metso.

Metso currently has five foundries and an extensive network of external casting suppliers serving the mining and construction industries. Our foundries are located in Ahmedabad, India; Isithebe, South Africa; Prerov, Czech Republic; Sorocaba, Brazil and Tampere, Finland.

The year 2013 marks Metso’s 80-year anniversary in China. The company’s first contract from China, a paper machine delivery, was signed in 1933. Today, Metso has a strong and well-established presence in China. Metso continues to strengthen its presence in China and has announced an acquisition of Shaorui Heavy Industries Ltd. and a joint venture with LiuGong Group Corp. Ltd. Metso’s 3,200 employees in China address local customer needs in all Metso’s key customer industries, and support the sustainable development of China's industries and infrastructure.

Metso’s mining and construction professionals (metso.com/miningandconstruction) specialize in always bringing the right technology, processes, machinery and services to our customers in the aggregates production, construction, mining and minerals processing and in metal and waste recycling. Expect results.

Metso (metso.com) is a global supplier of technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas. Our 30,000 professionals based in over 50 countries contribute to sustainability and deliver profitability to customers worldwide. Metso’s shares are listed on the NASDAQ OMX Helsinki Ltd.

For further information, please contact:
João Ney Colagrossi, President, Services business line, Mining and Construction, Metso, T: +55 15 2102 1301 - E: joao.colagrossimetso.com.
Xiaofeng Liang, SVP China, Mining and Construction, Metso, T: +86 13801288953 - E: xiaofeng.liangmetso.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Mining/Metal/Mineral Announcements

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


 

Written by / Agency / Source: Metso Corporation

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today 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
Mining/Metal/Mineral articles,
CATCH Visitors via Your Competitors Announcements!


Metso Completes the Acquisition of the Chinese Steel Foundry

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 Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Metso | PDF
Publisher Contact: Press Office - Metso.com 
+358 20 484 100 metso.info[.]metso.com
 
Newswire Today - PRZOOM / PRTODAY 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.

Mining/Metal/Mineral 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 Articles From Metso Corporation / Company Profile


Read Mining/Metal/Mineral Most Recent Related Newswires:

Insee Aggregates Selects Metso to Supply A Complete Aggregate Processing Plant for their Suphanburi Quarry in Thailand
Atlas Copco Wins Orders from Hindustan Zinc to Enhance Mining Operations
GE and South32 Enter Digital Transformation Strategic Partnership
Metso & CDE Start Collaboration to Provide Comprehensive Solutions for the Manufactured Sand Market in India
Metso Honored with Best Foreign Entrepreneur 2016 Award in South Korea
New Metso Nordberg NP20 - Increased Capacity and Maintenance Friendliness for Aggregates Operators in Canada
Metso Digital Program Set to Accelerate Business Growth
Steady Technological Advancements Improve Opportunities for the South African Mining Explosives Market Finds Frost & Sullivan
Metso Launches Industry-changing Metso MX Crusher for Minerals Processing
Metso Introduces A New Digital Service Enabling Data-driven Operations and Improved Performance
Metso Introduces A Community-friendly Lokotrack® Urban™ Series to Enable Safe Rock Crushing in Cities
Metso Awarded for its Contribution to the Mining Industry and Economic Development of Local Community by the Basque Government
Metso Wins Recognition as A Leading Brand in the Brazilian Mining Sector for the Second Consecutive Year
Metso Announces New Distributor Model for Italy
Metso Receives Two Awards for its Outstanding Work in Enhancing Occupational Safety

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit MagLar, Inc.

Visit  Intrinsic Executive Search Ltd





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | 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 entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)