Metso has announced that it will acquire the coater and doctor blade business of Pacific International, a division of Pacific/ Hoe Saw & Knife Company, located in Portland, Ore. The transaction is…
Metso has announced that it will acquire the coater and doctor blade business of Pacific International, a division of Pacific/ Hoe Saw & Knife Company, located in Portland, Ore. The transaction is expected to be finalized and the business transferred during the third quarter of 2009.
The acquisition will allow Metso to enter a new services market that is currently not in its portfolio, namely coater and creping blades for pulp and paper machinery. It will also complement Metso’s technology offering with ceramic coated blades. As a result, Metso will become a single source blade consumables provider. Pacific manufactures a complete line of machinery and equipment for the wood products and paper industries. Pacific has about 150 employees, of which 17 are expected to transfer to Metso.
Metso is a global supplier of technology and services for mining, construction, power generation, automation, recycling and pulp and paper industries.
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