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  September 5, 2001
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Home > Company Index > Manufacturing > Material Handling Machinery > Partek Oyj Abp

Partek Oyj Abp
 PROFILE
Partek has undergone its own industrial revolution. Once focused on mining lime for construction, Partek radically reorganized its business by acquiring companies that make heavy industrial equipment. A producer of Kalmar and Sisu cargo-handling equipment (used to unload ships), the company also makes equipment used to lift and move heavy loads (including Hiab cranes) and machinery used to cut and transport timber (Loglift and Jonsered cranes). In addition, Partek makes Valmet tractors, and it still mines for lime. Since the late 1970s Partek has moved away from construction materials (divesting its cement operations) to reduce its exposure to cyclical downturns. The Finnish government owns 30% of the company.

 COMPETITION
CNH Global N.V. (CNH)
Caterpillar Inc. (CAT)
Linde AG (LIN)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 2,394.50
1-Yr. Sales Growth: 10.4%
Employees: 12,000
Revenue per employee: $199,541.67

 KEY PEOPLE
• Christoffer Taxell
    CEO

 CONTACT INFO

FI-21600 Pargas, Finland
Phone: 358-204-55-6999
Fax: 358-204-55-6040
Online: Web Site

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