Metso announced in 2018 a greenfield foundry project in Vadodara, India, with a target to increase the casting wear parts capacity for the mining and aggregate industries. The first pour event was celebrated in India in February 2020 when the foundry started production for customer deliveries for local and global markets.
“The state-of-the-art foundry will have a strong role in our global foundry network by serving our customers’ growing needs in the mining and aggregate industries worldwide. The new facility with its modern and efficient production processes increases our product availability with reduced lead times,” says Sami Takaluoma, President, Metso’s Minerals consumables business area.
The foundry manufacturing process utilises lean principles, enabling strong on-time delivery performance, shorter lead times, and world-class quality of finished products. Metso is continuously exploring alternatives to develop its supply capabilities globally through its own manufacturing facilities as well as through a supplier network.
The initial foundry investment was announced in September 2018. The total investment value up to 2020 has been approximately EUR 25 million, including the purchase of the assets and development of the foundry. The new foundry employs 180 employees. In addition to the new foundry in Vadodara, Metso is continuing to develop its foundry unit in Ahmedabad, India.
In India, Metso employs more than 1 400 people at 13 locations, serving all Metso’s customer industries.
Metso is an industrial company offering equipment and services for the sustainable processing and flow of natural resources in the mining, aggregates, recycling and process industries. Metso is listed on the Nasdaq Helsinki in Finland and had sales of about EUR 3.6 billion in 2019. Metso employs over 15 000 people in more than 50 countries.