Tag Archives: Heikki Metsälä

Metso looks to grow mining truck body, bucket exposure with Häggblom buy

Equipment maintenance, Mining consumables, Mining equipment, Mining mergers and acquisitions, Mining services, Steel and iron ore, , , , ,

Metso says it has signed an agreement to acquire Ab A. Häggblom Oy, a privately-owned Finnish engineering and manufacturing company with a key offering that includes mining truck bodies and buckets.

Häggblom’s service portfolio includes wear parts, truck body and bucket refurbishments, as well as related field services. It has partnered with Metso for several years in the manufacturing of truck bodies.

The acquisition will broaden Metso’s offering in bodies and buckets by providing complete end-to-end loading and hauling solutions, while  strengthening the company’s position in the aftermarket, according to Metso. The aim is to leverage Häggblom’s strong engineering and manufacturing expertise in collaboration with existing partners on a regional and global basis.

Heikki Metsälä, President, Consumables business area, Metso, said: “Loading and hauling is a growing business, and our goal is to further develop our capability to serve our customers. Häggblom’s product range, manufacturing know-how and engineering capabilities, as well as service expertise, are a good addition to Metso’s wear parts portfolio. Häggblom’s employees will bring valuable skills to Metso, and we look forward to building on the great partnership we have developed over the years,”

Jukka Karhula, CEO, Häggblom, said: “This is the beginning of an exciting new chapter for our company. We have successfully cooperated with Metso for many years, and we are now excited to become part of an international company. We are confident that our expertise and products will align well with Metso’s loading and hauling offering. This acquisition will benefit our customers and employees who are our most important assets.”

The acquisition is estimated to be finalised in August 2023. The parties have agreed not to disclose the transaction value, which has no material impact on Metso’s financials, it says.

Metso Outotec makes screening media production changes in North, Central America

Comminution of minerals, Equipment maintenance, Mining consumables, Mining equipment, Mining services, , , , , , , ,

Metso Outotec says it is developing its global supply chain operations by reorganising its screening media production in North and Central America, with the opening of new capacity in Mexico and the discontinuing of operations in Missouri, USA.

The new screening media production capacity in Irapuato, Mexico, is planned to significantly increase supply and delivery capabilities for mining and aggregates customers in the region. The new factory in Mexico will start operations gradually during the first half of 2023 and, once fully operational during the September quarter, is expected to double the total production capacity by 2024 compared with the current level.

The new screening media center is expected to employ around 46 people.

Today, Metso Outotec has approximately 370 employees in its rubber and Poly-Met operations in Mexico. In 2022, Metso Outotec announced it would invest in establishing its first polymer filter plate production unit in Mexico.

The screening media production in Warrenton, Missouri, will be ramped down by the end of 2023, with the closure expected to affect approximately 40 employees in total.

Heikki Metsälä, President, Consumables Business Area, said: “We will serve customers with shorter lead times and faster deliveries by utilising a production site optimised for screening media products. The new factory is located close to our rubber and Poly-Met factory in Irapuato, and it further strengthens Mexico’s position as a centre of expertise for producing high-quality consumables.

“Our global supply footprint is under continuous development to ensure sustainable and profitable growth and to serve our customers’ growing needs. Closing a factory is a hard but necessary decision to make. We will support our employees throughout the transition.”