Metso Outotec to continue Prerov foundry operations in Czech Republic
Metso Outotec Corporation’s press release on March 15, 2023, at 3:00 p.m. EET
Metso Outotec has concluded the evaluation process of its Prerov foundry in Czech Republic, announced in November 2022. After carefully evaluating multiple options and their implications as well as the market outlook, the company has decided to continue the foundry’s operations.
During the evaluation process, the energy prices have significantly decreased, and the competitiveness and operational efficiency of the foundry have improved thanks to strong in-house development actions. In addition, the market outlook for needed production capacity is stronger.
”We are very pleased that we can continue our foundry operations in Prerov. Our employees’ commitment to developing the foundry’s operations during the evaluation process has been excellent. Now we will focus on further improving the foundry’s operations and competitiveness,” says Heikki Metsälä, President, Consumables business area at Metso Outotec.
The Prerov foundry produces metallic wear parts for Metso Outotec’s mining customers.
Currently, the Prerov foundry employs around 170 people. Including Prerov, the company has five own foundries in China, India, and Brazil, and an extensive network of external suppliers.
For further information, please contact:
Heikki Metsälä, President, Consumables business area, Metso Outotec, tel. +358 20 484 142, email: heikki.metsala(at)mogroup.com
Helena Marjaranta, Vice President, Communications and Brand, Metso Outotec, tel. +358 20 484 3212, email: helena.marjaranta(at)mogroup.com
Metso Outotec is a frontrunner in providing sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. By helping our customers increase their productivity, improve their energy and water efficiency and environmental performance with our process and product expertise, we are the partner for positive change.
Headquartered in Helsinki, Finland, Metso Outotec employs over 16,000 people in close to 50 countries and sales for 2022 were about EUR 5.3 billion. The company is listed on the Nasdaq Helsinki. mogroup.com, twitter.com/metsooutotec