Atria to improve its competitiveness through investment in Nurmo pig cutting plant
Atria Plc Company Announcement 9 January 2015, at 13.30 pm
Atria to improve its competitiveness through investment in Nurmo pig cutting plant
Atria is investing approximately EUR 36 million in expanding and modernising its pig cutting plant in Nurmo, Finland. New production facilities will be built next to the old plant, and the existing production facilities will be renovated and automated using the latest production technology. The new production facilities will measure around 4,500 m2.
The investment will substantially raise the pig cutting plant’s productivity and profitability. It is expected to generate annual cost savings of some EUR 8 million in the plant’s operations, as a result of automation and the reorganisation of production. The use of new technology will also improve the conditions for quality and product safety in production.
Personnel negotiations will begin immediately. The expected duration of the investment project is approximately two years, over the course of which the needs for reducing and relocating personnel will be specified. It is estimated that personnel will need to be reduced by maximum 80 man-years.
For further information, please contact Juha Gröhn, CEO, Atria Plc, tel. +358 400 684 224.
ATRIA PLC
Juha Gröhn
CEO
DISTRIBUTION
Nasdaq OMX Helsinki Ltd
Major media
www.atriagroup.com