Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Business

Wärtsilä to set up new manufacturing plant in Brazil


Print article Print article
Copyright © Thomson Reuters 2013. All rights reserved.
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 Wärtsilä Corporation Tel. +358 10 709 5280 lars.hellberg@wartsila.com Mr Jaakko Eskola President, Ship Power & Executive Vice President Wärtsilä Corporation Tel. +358 10 709 5634 jaakko.eskola@wartsila.com Mr Atte Palomäki Executive Vice President, Communications & Branding Wärtsilä Corporation Tel. +358 40 547 6390 atte.palomaki@wartsila.com 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. www.wartsila.com This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Wärtsilä Oyj Abp via Thomson Reuters ONE [HUG#1685556]


Press Information:




Contact Person:


Disclaimer: © 2013 Thomson Reuters. The press releases or report contained herein is protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Thomson Reuters's, who warrant that they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction, other than for an individual user's personal reference, is prohibited without prior written permission.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com | BidVertiser