| | Business Summary | | Metso
Corporation
is
a
developer
and
manufacturer
of
process
industry
machinery
and
systems.
It
is
a
supplier
of
processes,
machinery
and
systems
for
the
pulp
and
paper
industry
and
is
also
a
strong
supplier
in
its
growth
areas,
which
are
automation
and
flow
control
solutions
and
rock
and
mineral
processing
systems.
Metso
Corporation
operates
through
a
global
sales
and
service
network,
having
its
own
offices
in
over
40
countries.
The
Company's
main
customer
industries
are
pulp
and
paper,
construction
and
civil
engineering
and
mining.
Other
significant
customer
sectors
include
the
energy
and
chemical
industries.
Metso's
business
areas
are
divided
into
Fiber
and
Paper
Technology
(50%
of
net
sales
in
1999),
Automation
and
Control
Technology
(17%)
and
Machinery
(33%).
In
1999,
56%
of
the
Company's
net
sales
came
from
Europe,
28%
from
North
America,
8%
from
Asia-Pacific,
5%
from
South
America
and
the
remainder
from
other
parts
of
the
world. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | MX
specializes
in
the
development
and
manufacture
of
process
engineering
and
machinery.
MX
comprises
three
business
areas:
Fiber
and
Paper
Technology,
Automation
and
Control
Technology,
and
Machinery.
For
the
six
months
ended
6/30/01,
revenues
rose
11%
to
EUR2B.
Net
income
fell
75%
to
EUR79M.
Revenues
benefited
from
increased
sales
from
the
Paper
and
Automation
segments.
Net
income
was
offset
by
the
absence
of
EUR275M
in
extraordinary
gains. | | More
from
Market Guide: Significant
Developments |
| | Officers | |
| Position | | Tor Bergman | Chairman,
Pres, CEO | | Sakari Tamminen | Vice
Chairman, CFO, Exec. VP | | Arto Aaltonen | Pres,
Metso Automation | | Juhani Pakkala | Pres,
Metso Paper | | Olli Vaartimo | Pres,
Metso Minerals |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/m/mx.gif)