Metso Foundries Jyväskylä, Inc will begin personnel negotiations on temporary lay offs and personnel reductions at Jyväskylä in Finland. The measures will affect the entire personnel, a total of about 240 employees in all personnel groups. The maximum personnel reduction need is estimated to be 110 person-workyears.

The negotiations will be concluded in August 2010 and the effects on the personnel are estimated to be realized by March 2011. The lay off and reduction needs are related to the goal of agreeing on ways to adjust to the weakened global market situation for deliveries mainly outside Metso. To ensure profitable business in the future, capacity must be aligned with market demand.

Metso Foundries Jyväskylä produces hand-molded castings for Metso and outside customers.