Metso Outotec to evaluate the future of its Prerov foundry in Czech Republic
Metso Outotec Corporation’s press release on November 22, 2022, at 3:00 p.m. EETDue to increased energy and production costs, Metso Outotec is initiating a process to evaluate the options for the future of its foundry in Prerov, Czech Republic. The options include a partial or full divestment of the foundry or a potential closure. The Prerov foundry produces metallic wear parts for Metso Outotec’s mining customers. The foundry is at a logistical disadvantage in supplying customers, and, furthermore, energy and production costs have made it unfeasible for Metso Outotec to continue