The Board of Directors of Metso Corporation has decided to uniform the names for the Corporation's business areas. Neles Automation, the Corporation's automation and control technology business area, will become Metso Automation.
The target is to have all new names in official use at the latest on March 1st, 2001. The following legal entity names have already been changed at the beginning of the year 2001.
- Metso Automation Inc. (parent company).
- Metso Paper Automation Inc.
- Metso Automation Networks Inc.
- Metso Field Systems Inc.
Also the joint sales company Metso Endress+Hauser Oy has started its operations in Finland at the beginning of the year 2001.
Metso Automation operates worldwide and it has sales and customer support units in 37 countries in Europe, North and South America, Africa, Asia and Australia. The number of employees is in the region of 4500.
All corporate names will be changed to start with Metso. Metso wants these name changes to signal a uniform corporate image and to underline how important the close cooperation between the business areas is to the implementation of the Corporation's strategy. Because of their different names, the business areas have often been perceived as different companies, which has blurred Metso's overall image. Uniform names communicate the unique know-how and capabilities Metso is able to offer to process industry customers.
Metso's other business are Metso Paper Inc. (former Valmet), Metso Minerals Inc. (former Nordberg) and Metso Engineering Inc. (former Santasalo and Valmet Automotive). Metso employs over 23.000 people worldwide. Metso's shares are traded on the Helsinki and New York Stock Exchanges.
Reviewed by Unknown
on
7:26 PM
Rating:
