Ponsse signs partnership agreement with HT Lasertekniikka Oy
PONSSE OYJ PRESS RELEASE 21 NOVEMBER 2006 AT 2 PM
Ponsse signs partnership agreement with HT Lasertekniikka Oy Ponsse Oyj and HT Lasertekniikka Oy have signed a partnership agreement, the objective of which is to achieve long-term cooperation and improve competitiveness. HT Lasertekniikka Oy is the leading expert in laser and water jet cutting. The agreement applies to the delivery of plate-like steel components. We place emphasis on developing our supplier network and building a partnership network that will guarantee the high quality of our products. We are looking for partners who meet our high quality requirements and are able to respond to the needs of our customer controlled production. By this agreement, we wish to secure the high quality and delivery process of plate-like steel components in our forest machine production. Vieremän Toimitilat Oy will build production facilities for HT Lasertekniikka Oy in the Vieremä business park for partner companies, which is currently being constructed in the immediate vicinity of Ponsses factory. The close location will improve the flexibility of our production and reduce our storage needs. The agreement also enables more active product development cooperation. We will be able to respond to future challenges better than before and ensure that the best technologies are utilised in our production," says Arto Tiitinen, President and CEO of Ponsse Oyj. Vieremä, 21 November 2006 PONSSE OYJ Arto Tiitinen President and CEO FOR FURTHER INFORMATION, PLEASE CONTACT President and CEO Arto Tiitinen tel. +358 (0)400 566 875 DISTRIBUTION Helsinki Stock Exchange Principal media www.ponsse.com