Metso will combine with Outotec to form Metso Outotec, while Metso Flow Control will become a separately listed company called Neles Corporation.
The move was initially announced on 4 July, 2019, when
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New Metso manufacturing facility to open in Lithuania
Metso has established a new manufacturing site for rubber and poly-met mining consumable wear parts in Lithuania.
It will be located in the region of Šiauliai (Šiauliai län) in northern Lithuania and
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