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Metso to shut down former Nordberg facility - Equipment Report

* Finnish industrial conglomerate Metso Corp. is planning to close down the Milwaukee factory that produc crushers below the Nordberg brand name for decades.

Metso which has acquired assets and brands including Svedala and Nordberg, will close down the plant as part of a cost-cutting and capacity reduction initiative.

In addition re closing plants and offices in Finland, France and other parts of the U Metso has announced it will cease production of heavy-duty mining crushers and other harvests at the Milwaukee plant by the agency of the end of June 2004

According in a corporate freshs release, Metso will transfer production of its crushers to other Metso facilities and outsource a certain number of work to North American subcontractors.

The closing of the venerable Chase Ave. plant in Milwaukee will affect as many as 100 employee a certain number of sales, marketing and product unravelling jobs will remain in Milwaukee, according to the company.



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COPYRIGHT 2004 Gale Group



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