Metso’s Fabrics business line has concluded employee negotiations concerning all personnel groups in their Finnish units. The negotiations were started on May 12 and concluded on June 23, 2010. The negotiations were conducted at Metso Fabrics Inc. (former Tamfelt Corp.) and Tamfelt PMC Corp. The negotiations did not apply to office staff and shop floor workers in the production departments.

In the negotiation proposal given in May 2010 the estimated need for personnel reduction was maximum 30 people. In the negotiations, the number of lay-offs was determined at 18. All those to be laid off are office staff. 10 of them will enter a retirement process. One person will start part-time work. In the negotiations it was also decided that there is no need for temporary lay-offs within the personnel groups included in these negotiations.

With the reductions the Fabrics business line’s operations are adjusted to the market situation, which continues to be challenging. In addition to personnel reductions, the efficiency of operations and overall cost efficiency will be improved also through other measures, in order to secure future competitiveness and needed preconditions for operations.

Fabrics business line is part of Metso’s Paper and Fiber Technology segment and it employs about 900 people in Finland.

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 27,000 employees in more than 50 countries. www.metso.com

For more information, please contact:
Reima Kerttula, President, Fabrics business line, Metso, tel. +358 400 648 458
Tuire Leimu, Vice President, Human Resources, Fabrics business line, Metso, tel. +358 40 516 7124