Metso increases production capacity in India to meet the market demand for aggregates equipment

Metso increases production capacity in India to meet the market demand for aggregates equipment Metso Corporation press release March 28, 2018, at 10 a.m. EEST Metso is addressing the growing demand for crushing and screening plants in the Indian market by expanding its production capabilities in Alwar. This latest investment increases Metso's crushing and screening plant production capacity in India by 35 percent. By increasing capacity of the Metso Park factory in Alwar, Metso will improve the availability of its aggregate products in India as well as for export operations to Asia. The expansion will be completed by the end of 2018. "Demand for aggregates crushing and screening equipment has been very strong, and India, with its rapidly developing infrastructure, is one of the fastest growing markets in aggregates," says Markku Simula, President, Aggregates Equipment business area at Metso. "With this investment, we want to ensure that we can meet our customers' growing needs both in terms of capacity as well as range of products available." The Metso Park production facility started operations in 2010. Today, it is one of the largest of Metso's global production sites delivering a wide range of aggregate equipment from Nordwheeler, NW Rapid(TM) and Lokotrack(TM) crushing and screening plants with jaw, cone and impact crushers, as well Metso equipment for mining and process industries and a variety of service products. "There is large-scale investment in road and commercial aggregate in India: during the next couple of years, for example, the road sector aims to increase road building to more than 40 kilometers a day. In addition, the demand for ballast required for railway projects is increasing, as well as the need for manufactured sand and classification of sand. Metso is supplying aggregate equipment and solutions for many of these megaprojects," says Kamal Pahuja, Vice President, Metso India. Metso is investing in aggregates equipment production capabilities globally. In late January, a new high-speed assembly line for track-mounted crushing plants was commissioned in Tampere, Finland. 25 years of building infrastructure in India Metso launched operations in India in 1992 and has since been developing a strong footprint in the market. With local headquarters in Gurgaon, Delhi, Metso currently has around 850 employees in the country. Alongside the Alwar facility, Metso's Indian aggregate sector capabilities are supported by a foundry in Ahmedabad, service centers in Bangalore and Faridabad, and a countrywide network of distribution centers. Metso is a world-leading industrial company offering equipment and services for the sustainable processing and flow of natural resources in the mining, aggregates, recycling and process industries. With our unique knowledge and innovative solutions, we help our customers improve their operational efficiency, reduce risks and increase profitability. Metso is listed on the Nasdaq Helsinki in Finland and had sales of about EUR 2.7 billion in 2017. Metso employs over 12,000 people in more than 50 countries.

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