Karhula Foundry changes ownership

Acquisition of Sulzer Pumps Finland Oy’s Karhula foundry has been confirmed. The deal includes interity of Karhula foundry’s operations, premises, machines and personnel. The new owner is Karhula Foundry Oy comprised of foundry- and machine industry experts Pekka Kemppainen, Ilkka Hakala ja Jyrki Laitinen. Ownweship of the new foundry will transfer Septmber 19th 2016. 

All active employee relationships at the time of the closure will transfer to Karhula Valimo Oy. Karhula Foundry will employ a portion of the current foundry staff, around 50 employees. Around 20 people have been employed at the foundry due to internal transfers from Sulzer.   
Sulzer announced in December 2015 that it will close its foundry in Karhula and terminate all employee contracts by the end of Q2 in 2016. The company is very satisfied with the acquisition, which enables the continuation of foundry operations in Karhula. Sulzer will source casting services both from the new Karhula Foundry as well as from its global subcontracting network.
In Finland Sulzer has operations in six locations. In Karhula Sulzer operates a pump factory, product development, sales, support functions and a maintenance center. In Helsinki Sulzer has sales office and in Espoo a product development center for waste water management devices. In Rauma the company operates a production and maintenance unit for mechanical gaskets. Sulzer has maintenance center also in Mäntä and Oulu. Sulzer will employ around 440 people after the sale of Karhula foundry.

Sulzer was founded in 1834 and the company’s headquarters are located in Winterthur Switzerland. Sulzer’s main expertise are pump solutions, maintenance and upkeep of rotating devices as well as separation, mixing and application technology. The company designs, develops and delivers pump solutions and equipment in a global scale. Strong investments in hydrodynamic, process equipment and special material as well as in developing dependable maintenance services forms Sulzer into a leading partner in its main markets, which are in oil- and gas industries, power production and water treatment, including paper and pulp industries.  Sulzer’s customers benefit from a network of over 180 production and service sites in about 50 countries around the world. Sulzer ensures that all the locations fulfill its high quality and safety standards. The company is constantly investing in state-of-the-art machine tools, packaging, and test facilities. Sulzer’s global manufacturing and service network combines the advantages of a global company with the flexibility of a local partner. In 2015 Sulzer’s turnover was approximately 3 billion Swiss Francs and the company employed around 14 000 people. www.sulzer.com

Additional inquiries:
Markku Koponen, CEO, Sulzer Pumps Finland Oy
+358 10 234 3320, markku.koponen@sulzer.com

Pekka Kemppainen, CEO, Karhulan Valimo Oy
+358 50 595 1870, pekka.kemppainen@meehanite.org