Metso

Metso is a global technology company, with headquarters in Finland, is engaged in the mining, construction, paper, and petroleum industries. It employs approximately 30,000 people in 50 countries. Metso Corporation was founded by the merger of Valmet and Rauma 1999. The head office is located in Helsinki. Metso consists of three segments: Mining and Construction (mining and construction ), Automation and Pulp, Paper and Power. Metso's biggest competitors are Andritz, Voith AG and Sandvik AB.

• 2.2.1 Products and services
• 2.2.2 customer
• 2.2.3 acquisitions
• 2.2.4 competition

• 2.3.1 Products and services
• 2.3.2 customer
• 2.3.3 competition

• 2.4.1 Products and services
• 2.4.2 customer
• 2.4.3 competition

• 2.5.1 Materials Management
• 2.5.2 Valmet Automotive
• 2.5.3 recycling

• 3.1 Ownership

History

Metso was created on 1 July 1999 by the merger of Valmet, paper and board machines supplier and Rauma, which specializes in fiber technology, rock crushing and flow controls. In 1998, several companies part of Rauma, including:

• Timberjack forestry equipment
• Sund defiberizer equipment for fiber technology
• Nordberg rock crusher
• Neles Controls valve control systems

The reason for the merger was the intention, particularly to grow in the field of process engineering. Furthermore, it seemed easier to survive in the international market as larger companies. The scope of the business area was diversified by the union, and critics claimed that a simpler growth would have been achieved if both companies had sought a partner in their main line of business. Matti Sundberg, at this time the CEO of Valmet and later by Metso, later said that he originally wanted to implement the union differently. He intended initially the core business of Valmet paper machine to increase by the merger. The former CEO of Rauma, Heikki Hakala, the new CEO of Metso. The beginnings of the new company designed to slow and resulted in the first year to a modest financial result. The reason was that the cooperation between Heikki Hakala and Matti Sundberg designed among other things to be difficult. So Heikki Hakala reported, which was planned as the right hand of Sundberg, the Supervisory Board, in which Pertti Voutilainen presided.

The new company had offices in 50 countries, 32,000 employees, and worked in four different business areas:

• Paper machines
• Forestry ( abandoned 2001)
• Fiber Technology
• Rock crushing plants

The name for the new company was determined by an employee competition. Metso is Finnish and means capercaillie (Tetrao urogallus) Metso's logo is a stylized image of the wings of a grouse.

Heikki Hakala and Matti Sundberg soon left the management of Metso. Goal Bergmann became the new president and CEO of the company in 2001. Under his leadership, net sales increased in the same year to EUR 4.7 billion, Metso at that time had 28,500 employees.

The new Metso group was divided into the following business segments:

• Paper and Fiber Technology
• Process automation and control technology
• Machinery

So Metso originated main business areas: Metso Paper, Metso Minerals and Metso Automation. The aim of the business appropriations at the beginning of the new millennium was to expand the products and services in the areas Metso Paper and Metso Automation. Activities outside of these areas they separated. For example, took over Metso in 2000 a large part of the service activities and technologies for paper machine of the American paper machine manufacturer Beloit. Metso sold investment by the Forestry Timberjack to Deere & Company. A year later, Metso acquired the major Swedish manufacturer of equipment for minerals and mining, Svedala Industri. With the acquisition of Svedala has also led into the possession of her daughter, Dynapac, which was sold to Altor Equity Partners in 2004.

Jorma Eloranta took the helm of the company in March 2004. One of his first activities was to redefine the corporate goals of Metso. The corporate structure has been rationalized. The measures taken reduced the annual cost of the company by EUR 150 million. In the period from 2004 to 2007, net revenues increased from EUR 3.6 billion to EUR 6.3 billion and the operating margin increased from 5.5 percent to 9.3 percent. Under the leadership of Jorma Elorantas Metso improved net sales and its financial performance over 19 consecutive quarters (2004-2008). By the year 2008 Metso had become the ninth largest company in Finland and this allowed other companies such as Kone, Wärtsilä and Cargotec behind.

In August 2010, Matti Kähkönen (Master of Science in Technology) was elected as the new CEO. Previously, he was head of Metso Mining beings. In September 2012, Metso announced a staff reduction of more than 600 employees of the Finnish paper machine production. The reason for the lack of reduction in the company's competitiveness and declining profitability of the paper division were called. At the same time Metso had to distribute an extra dividend for its shareholders intend this project, however, was withdrawn under the pressure of criticism from staff and the Finnish government.

End of May 2013 was the elimination of the division Metso Metso Pulp, Paper & Power under the name Valmet known.

Organization

Metso is a technology and service provider. Today, the company is divided into four divisions:

Management

Matti Kähkönen is President and CEO of Metso and is also the chairman of the board members.

Metso's Board of Directors ( as of October 2012)

List of Board Members of Metso (October 2012)

• Jukka Viinanen (CEO since 2009, board member since 2008)
• Mikael of Frenckell ( Stellvert. CEO since 2012, board member since 2010)
• Christer Gardell (2006 -)
• Ozey K. Horton, Jr. (2011 - )
• Erkki Pehu - Lehtonen (2010 -)
• Pia Rudengren (2009 -)
• Eeva Sipilä (2012 - )
• Staff representatives Eija Lahti Jäntti

List of leadership positions (as of October 2012)

• Matti Kähkönen (President and CEO)
• Harri Nikunen (CFO )
• Andrew Benko ( line " Mining and Construction " )
• Perttu Louhiluoto ( line " Automation" )
• Pasi Laine ( line "Pulp, Paper and Power ," President and CEO Deputy Chairman)
• Merja Kamp Pari, Senior Vice President, Human Resources
• Kalle Reponen, Senior Vice President, Strategy and M & A

Metso Pulp, Paper and Power

Metso Pulp, Paper and Power (formerly Valmet Paper Machinery ) is a manufacturer of forestry machinery and related equipment. In this segment, Metso has processes, machines, services, machine clothing and filter fabrics for the pulp, paper and power generation industries. The line of business consists of four divisions (paper, fiber technology, energy and service) and is a global supplier of pulp, paper, board and tissue machines from pulp production to packaging of finished products. Metso has delivered 1,500 paper machines and approximately 800 pulp lines worldwide. In the first half of 2009, smaller production sites in Tampere, Turku, Oulu and Hollola were closed and split the existing production units there to the sites in Järvenpää and Jyväskylä. As part of this restructuring, 700 jobs were deleted in the company. In 2011, the business area, Metso Pulp, Paper and Power reported net sales of EUR 2,703 million, with the largest share in the services sector has benefits form. In 2011, Metso Pulp, Paper and Power had 12,525 employees.

Products and services

• Machines and plants for producing pulp
• Equipment for mechanical production of high-yield pulp
• Paper, board and tissue machines
• Power plant boiler, recovery boiler, evaporation plants, flue gas cleaning
• Tissue and filters for pulp paper, energy production and mining industry

Customers

• Paper, board and tissue producers
• Pulp mills and producers of mechanical pulp
• Manufacturer of industrial power generators, public utilities and utilities

Acquisitions

• Canadian Dominion Engineering Inc
• Karlstad Mekaniska Werkstad KMW (now Metso's Department Karlstad )
• Tampella paper machinery
• Wärtsilä paper machinery (now Metso's factory in Järvenpää )
• A. Ahlström Oy 's paper machinery factory ( company was sold to the Mesera )
• Beloits (only paper machine technology )
• Mitsubishi 's (only paper machine technology )
• Rotomec SpA
• Strecker
• Appleton
• Tamfelt Oyj
• Valmet - Xian

Competition

Metso's biggest competitors in the pulp and mining industry sector since the collapse of the American Beloit in 1999, the Austrian Andritz AG and the German Voith Paper. In 2008, Metso acquired additional expertise of Mitsubishi and their shares in Beloits paper machine technology. In the energy Metso's biggest competitors are Alstom, Austrian Energy & Environment and Foster Wheeler.

Metso Mining and Construction

Metso Mining and construction supplies technologies and equipment for mining and processing mineral resources. The divisions are divided into Minerals Processing Solution, Crushing and screening equipment and services. Services were the division with the highest sales of € 1.389 billion in 2011. In contrast, the net sales of Minerals Processing Solution was € 906 million and € 465 million at Crushing and screening equipment in the same year. In 2001, the Swedish Svedala Industri AB was acquired by the former Oy AB locomotive factories in Tampere. Developed in Colorado Springs, Colorado USA Metso Process Technology Center virtual machines on multi-physics models.

Products and services

• Grinders and grinding solutions
• Shredders and shredding solutions, process solutions
• Mobile crusher and barrier walls
• Solutions for the transport of bulky material

Customers

Construction and mining industries.

Competition

The largest competitors in mining are: FLS, Outotec and ThyssenKrupp, and in the construction industry: Terex, Atlas Copco, Caterpillar and Sandvik.

Metso Automation

Products and services

• Process automation systems
• Analyzer and measuring systems

Customers

The customers of Metso Automation are mainly in the areas of energy and from the oil, gas, pulp, paper, mining and construction industries.

Competition

At Metso's competitors in the field of automation systems include, among others ABB and Honeywell, in the valve manufacturing there are Emerson Process Management, General Electric and Flowserve.

Other lines of business

Materials Management

Metso Materials Management is concerned with the development of metallic materials and has contributed to the CERN LHC and ITER project.

Valmet Automotive

Valmet Automotive manufactures industrial vehicles, electric cars and " Premium Cars ". 2012 the company employed 1,700 people in Finland, Germany, Poland, Sweden, China and the United States.

Recycling

Metso Recycling provides metal and waste recycling equipment. On October 25, 2012 Metso Metso announced the recycling on 1 December 2012 was integrated into the Mining and Construction business line.

Shares

Metso's shares are listed on the Helsinki Stock Exchange. The stock was formerly traded on the New York Stock Exchange, but since September 14, 2007, the shares on the OTC market ( OTC).

As of September 2012:

• Solidium Oy 11.1 %
• Ilmarinen Mutual Pension Insurance Company 4.0 %
• Varma Mutual Pension Insurance Company 2.6 %
• The State Pension Fund 1.3 %
• Nordea Funds 1.0 %
• Mandatum Life Insurance Company Limited 0.9 %
• Svenska litteratursällskapet i Finland r.f. 0.8 %
• OP Funds 1.1 %
• The Local Government Pensions Institution 1.0 %
• Nominee - registered shares Accounted for 38.8 % of the total shares.

Disposals

In September 2008, Metso sold 83 % of its foundry department in Karlstad / Sweden to the investment group Primaca investment company. The foundry with 120 employees was sold for EUR 15 million. The foundry in Karlstad is specialized in the manufacture of wind turbines, diesel engine blocks and cylinder Yankee paper machine.

Recognitions and Awards

In 2012, the Metso employees Mika Viljanmaa was the 2 million Swedish kronor ( 225,000 euros ) doped Marcus Wallenberg Prize, this award is often referred to as the " Nobel Prize of Wood Industry ". Mika Viljanmaa has developed 120 patents, 57 of which in the field of metal tape technology. The award was presented to him because of its developments in the field of metal band calendering. Metal belt calendering improves the surface properties of paper, improves the production efficiency, reduces the consumption of raw fibrous and allows printing and drying applications. Initial research experiments and tests with this new technology have been conducted from 1996 to 2000, 2006 saw the first industrial use. Meanwhile, the absolute amount of production capacity of the metal belt calendering to 2.2 million tons per year.