Metso Foundries Jyväskylä, Inc. concludes employee negotiations

Metso Corporation’s press release on April 24, 2009 at 12

Metso Foundries Jyväskylä, Inc. in Finland has concluded the employee negotiations on temporary lay-offs of personnel on April 24, 2009. The lay-offs result from a reduction in the amount of work.

The temporary lay-offs will affect almost all personnel, altogether approx. 270 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 in May and continue for the time being.

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 29,000 employees in more than 50 countries.

For more information, please contact: Pasi Mäkinen, President, Metso Foundries Jyväskylä, Inc., tel. +358 20 482 6736