- 24 June 2008 -

Metso strengthens mining equipment supply chain with Canadian 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 acquisition increases Metso's supply capacity for large mining equipment. The heavy manufacturing space of approximately 25,000 m² features major machine tools and lifting power. The unit has recently been dedicated to the production of hydraulic turbines and power generation equipment. Approximately 200 GE Energy employees are expected to transfer to Metso.

The transaction is expected to close in mid-August and both companies have agreed not to disclose the financial terms of the sale. The acquired assets will be integrated into Metso Minerals' Mining business line.

www.metso.com

To receive news and features like this direct to your inbox sign-up for the World Pumps enewsletter.

Simply register your details to receive a fortnightly roundup of the latest news from the pump and sealing industries direct to your inbox.

If you would like to advertise in the World Pumps enewsletter please contact our sales team.

If you have some news for the pump industry or would like to comment on any of the articles on this site, contact our editorial team.

You can also access the full list of contacts here.