Metso’s office space arrangements improve operating conditions in Tampere, Finland

Metso’ Corporation´s press release on May 4, 2010 at 1:00 p.m. local time

Metso, the second largest company in the Tampere region, will relocate its more than one thousand energy and environmental technology experts currently working in Tampere to modern premises in the Rantaperkiö and Lahdesjärvi sections of Tampere. The target is to improve general operating conditions. These arrangements will also mean savings in fixed costs, including rents.

The “Metso House” in Rantaperkiö will become an internationally notable cluster of boiler and automation expertise for bioenergy solutions when the vast majority of Metso’s Power business line employees in Tampere, approximately 440 persons, move there in July 2010.

-Energy is one of Metso’s strategic growth areas. There is growing worldwide demand for know-how related to renewable energy sources, and in Tampere we can get the making of bioenergy solutions in Metso's Power and Automation businesses under one roof. The two business units already have joint customers and development projects. In the Metso House we want to strengthen cooperation and easy collaboration between different business areas, says Kai Mäenpää, Vice President, Capital Projects, Power business line.

The building already seats more than 500 Automation business line employees, so the Metso House will become a joint base of operations for more than one thousand energy and environmental technology experts. The addition of several hundred commuters will also have an effect on public transportation planning in the area.

Production Competence Center in Lahdesjärvi Metso’s Power business line also plans to establish a Production Competence Center at the property previously used by Metso’s Tampere Roll Factory in Lahdesjärvi. Relocating the majority of the current production lines of Power business line’s Tampere factory in Messukylä to the new Production Competence Center is planned for the turn of 2011.

The conversion of the Lahdesjärvi factory site for Power business line’s needs means a 6 million euro investment in redemption of the factory property, expansion of the production facilities, as well as production equipment.

- The new location is optimal for the transport of boiler prefabricates and central for personnel mobility. The production premises are planned to be expanded by about 3,000 square meters, says Olli Aalto, General Manager, Tampere Works, Power business line.

In addition to the production function, the new Production Competence Center will develop new and efficient production technology for boiler production and support Metso’s global production network with its production know-how. An extensive personnel training program will be implemented for this purpose.

The factory property was vacated by Metso’s Paper business line in 2009.

Metso is a major employer in the Tampere region

Metso is the second largest company by employees in the Tampere region. It has over 3,100 employees in Tampere and in Valkeakoski.

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.

For further press information, please contact:

Kai Mäenpää, Vice President, Capital Projects, Power business line, tel. +358 20 141 2410 Juha Parvela, Vice President, Production, Power business line, tel. +358 20 141 2600