Metso's Acquired Tamfelt Established as Metso Fabrics
Helsinki, Finland, 25 May 2010 -- Metso-acquired Tamfelt Corp. has been established as the Fabrics business line within Metso’s Paper and Fiber Technology. Tamfelt was delisted from the stock exchange on 04 May 2010, after Metso had acquired all of Tamfelt shares.
The name change from Tamfelt Corp. to Metso Fabrics Corp. ws been registered in the Trade Register on 21 May 2010. Metso Fabrics Corp.’s subsidiaries Tamfelt PMC Corp., Tamfelt Filtration Corp., and Tamfelt Kiinteistöt Oy continue under their present names.
Reima Kerttula, who was president and CEO of Tamfelt Corporation, has been appointed as the president of the Fabrics business line.
Metso (www.metso.com) is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling, and the pulp and paper industries. Th ecompany has about 27,000 employees in more than 50 countries.