Metso
Metso Automation
Metso was a Finnish industrial machinery company that provided technology and services for mining, aggregates, oil and gas, recycling, pulp and paper, and other process industries. In the 2000s, Metso became Finland's ninth-largest company, with its market position and service capacity strengthened in growing markets, particularly in India and China. Metso entered into a combination agreement with Tamfelt, one of the world's leading suppliers of technical textile. During this time, Metso laid off over 700 employees and shut down several small units in Tampere, Turku, Oulu, and Hollola. The operations of the shut-down units were integrated with the Järvenpää and Jyväskylä units. Metso's strategy for the 2000s was to manufacture wide, high-speed paper machines and discontinue its traditional paper machine concepts.
Metso Outotec is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. We improve our customers’ energy and water efficiency, increase their productivity, and reduce environmental risks with our product and process expertise.
Metso is a Finnish industrial machinery company dedicated to providing technology and services for the mining, aggregates, oil and gas, recycling, pulp and paper, and other processing industries. Headquartered in Helsinki, Finland, the company has more than 13,000 employees in 50 countries and is listed on NASDAQ OMX Helsinki, Finland.
In July 2019, Metso and Altuta planned to merge Metso's minerals business unit with Altuta. The new company will be called Metso Altuta.
Metso was formed in 1999 by the merger of Valmet and Rauma Oy. In 2013, Metso merged into two separate companies: Metso Corporation and Valmet Corporation.