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Metso temporarily lays off almost all personnel in Valkeakoski, Anjalankoski and Jämsänkoski, Finland

Metso has concluded the employee negotiations on temporary lay-offs of personnel on January 9, 2009 regarding almost all personnel at the units in Valkeakoski, Anjalankoski and Jämsänkoski in Finland. The lay-offs result from a reduction in the amount of work.

The temporary lay-offs will affect almost all personnel, altogether approx. 400 people. The duration of the lay-offs will vary, depending on the workload, from some weeks to longer periods of time.

The lay-offs will begin earliest in late January 2009.

Metso's units in Valkeakoski, Anjalankoski and Jämsänkoski are part of the company's Fiber and Paper business lines. They specialize in machinery and related expert services for stock preparation, recycled fiber production and mechanical pulping.

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 over 28,000 employees in more than 50 countries. www.metso.com

For more information, please contact: Jouko Kolehmainen, Senior Vice President, Metso Paper Valkeakoski Oy, tel. +358 40 838 8938