Metso acquisition

Metso has signed an agreement with GE Energy to acquire GE’s Lachine Main Plant, a heavy fabrication and machining facility located near Montreal, province of Quebec, Canada. The transaction is expected to close in mid-August. The acquired assets will be integrated into Metso Minerals’ Mining business line. The acquisition increases Metso’s supply capacity for large mining equipment. The heavy manufacturing space of approximately 25,000m2 features major machine tools and lifting power and is serviced by rail lines. The unit has been dedicated to the production of hydraulic turbines and power generation equipment. With excellent land and sea connections, the new facility can efficiently service Metso’s customers worldwide. The facility can start the supply of the complete range of Metso’s mining process machinery immediately after the closing. Approximately 200 skilled GE Energy employees are expected to transfer to Metso.
Previous articleNigeria: LNG project
Next articleTrinidad & Tobago: iron ore induration machine
Stainless Steel World Publisher
Stainless Steel World is part of The KCI Media Group, a group of companies focused on building and sustaining global communities in the flow control industries. We publish news on a daily basis and connect business-to-business professionals through our online communities, publications, conferences and exhibitions.