Metso Corporation (HEL:MEO1V)
Metso Corporation Press release on August 18, 2008 at 3.00 p.m.

Metso has completed the acquisition of GE Energy's Lachine Main
Plant, a heavy fabrication and machining facility located near
Montreal, province of Quebec, Canada. The ownership of the company
was transferred to Metso on August 15, 2008.

The parties have agreed not to disclose the financial terms. The
acquired assets will be integrated into Metso Minerals' Mining
business line and approximately 170 skilled employees transfer to
Metso.

Manufacturing of mining equipment will commence immediately at the
new plant and it is expected to achieve its full capacity by the end
of the first quarter 2009. The acquisition adds significantly to
Metso's mining equipment supply.

Metso is a global engineering and technology corporation with 2007
net sales of over EUR 6 billion. Its over 27,000 employees in
approximately 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:
Tuula Puhakka, Senior Vice President, Business Development and
Marketing, Metso Minerals, tel. +358 20 484 4504
Andrew Benko, President, Mining business line, Metso Minerals, tel.
+1 717 849 7426

Metso Corporation

http://www.metso.com

ISIN: FI0009007835

Stock Identifier: XHEL.MEO1V

US: NYSE:MX


ABN Newswire
ABN Newswire This Page Viewed:  (Last 7 Days: 2) (Last 30 Days: 20) (Since Published: 816)