Metso Oyj Completes Acquisition of Chinese Steel Foundry
Metso Oyj announced that the Company has completed the acquisition of the steel foundry in Quzhou City, Zheijang Province some 400 kilometers Southwest of Shanghai, announced in February 2013. The acquired assets of Quzhou Juxin Machinery Co., Ltd and Quzhou Chixin Machinery Co., Ltd and approximately 220 employees will transfer to Metso as of August 8, 2013. The value of the acquisition was not disclosed.
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