METSO are planning to invest approximately €30 million (£24 million) to establish ‘Metso Park’, a new multi-functional industrial facility, in India. The facility will accommodate both Metso’s own new operations and those of selected key suppliers.
Representing a new operating concept for the company, Metso Park will initially cater for the rapid growth in demand for Metso Minerals’ products and services in India, but will also have the capability to serve other Metso businesses.
By making such an investment, Metso say they aim to enhance their logistics, inventory control, operational quality and productivity, as well as supplier relationships.
Metso Park will be located near the city of Alwar, in the state of Rajasthan, in north-west India, and will include office premises, several workshops, warehousing and a logistics centre.
Partners operating out of Metso Park will establish their own workshops at the site but will benefit from the infrastructure services provided.
Metso Park will initially manufacture mobile screening plants, pumps and rubber products for construction and mining customers in India. Some products and components will also be exported.
Subject to regulatory approvals, operations at Metso Park are expected to commence in the second half of 2009 and the number of employees at the facility is expected to rise to 700 by 2012.
Late last year Metso announced a €12.5 million (£10 million) expansion of their foundry, manufacturing operations and office facilities in India, which currently employ some 700 people. Metso’s net sales in India in 2007 were approximately €150 million.