Metso Corporation
PINKSHEETS : MXCYY

August 01, 2011 08:08 ET

Metso strengthens its position as a services provider in the North American mining sector

HELSINKI, FINLAND--(Marketwire - Aug 1, 2011) -



Metso Corporation's press release on August 1(st), 2011 at 3:00 p.m. local time

Metso has acquired Copperstate Industrial Services, Inc., a mining services provider based in Phoenix, Arizona. The acquisition strengthens Metso's position as a leading service and technology provider for the mining and construction sectors. The company is transferred to Metso on August 1, 2011. The value of the transaction will not be disclosed.

Established in 1999, Copperstate has built a highly competent team of service personnel in the American hard rock mining region. Approximately 40 employees will transfer to Metso. The team will be integrated into the Services business line of Metso's Mining and Construction Technology segment, where they will continue to service existing clients. The team will be expanded to further reinforce Metso's maintenance, repair and retrofit business in the USA, Canada and Mexico.

"This fits directly in the center of Metso's profitable growth and development strategy" claims Randy Reisinger, Senior Vice President of Engineered Services Solutions, which includes the Spares, Repairs, Engineered-to-order and Field Service business units. "Metso's objective is to enhance customer satisfaction by employing a larger faction of knowledgeable, well-trained service people to meet customers' skills and availability needs."

Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have about 29,000 employees in more than 50 countries. www.metso.com



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Source: Metso Corporation via Thomson Reuters ONE

[HUG#1535275]

Contact Information

  • For further information for the press, please contact:

    Randall Reisinger
    Senior Vice President
    Engineered Services Solutions, Services business line
    Metso
    tel. +1 717 849 7424