2013-03-15 10:17:47 -
Wärtsilä Corporation, Company announcement, 15 March 2013 at 11.15 am EET
Wärtsilä will set up a new fully-owned manufacturing facility in Brazil to meet
the increasing market demand, particularly in the offshore market. Wärtsilä's
investment in the new facilities is approximately EUR 20 million.
The manufacturing premises will be based on a multi-product factory concept for
the assembly and testing of Wärtsilä generating sets and propulsion products. In
the initial phase, activities will focus on medium sized, medium speed
generating sets and steerable thrusters, with the possibility to flexibly expand
the product range to respond to market needs.
"Wärtsilä's global strategy is to be close to its customers. Our presence in
Brazil is now further strengthened to respond to the ongoing demand for Wärtsilä
power solutions, and to meet the set
local content requirements," says Björn
Rosengren, President & CEO of Wärtsilä Corporation.
The new manufacturing plant will be located some 300 kilometres north of Rio de
Janeiro in the Açu Superport Industrial Complex. The construction of the 4000
square meter plant, with its own waterfront and quay, will commence in April
2013 and it is scheduled to be fully operational by mid 2014. The new delivery
centre is expected to employ close to 100 people.
For further information please contact:
Mr Lars Hellberg
President, PowerTech & Executive Vice President
Tel. +358 10 709 5280
Mr Jaakko Eskola
President, Ship Power & Executive Vice President
Tel. +358 10 709 5634
Mr Atte Palomäki
Executive Vice President, Communications & Branding
Tel. +358 40 547 6390
Wärtsilä in brief
Wärtsilä is a global leader in complete lifecycle power solutions for the marine
and energy markets. By emphasizing technological innovation and total
efficiency, Wärtsilä maximises the environmental and economic performance of the
vessels and power plants of its customers. In 2012, Wärtsilä's net sales
totalled EUR 4.7 billion with approximately 18,900 employees. The company has
operations in nearly 170 locations in 70 countries around the world. Wärtsilä is
listed on the NASDAQ OMX Helsinki, Finland.
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Source: Wärtsilä Oyj Abp via Thomson Reuters ONE