2015-01-09 12:30:00 CET

2015-01-09 12:30:02 CET


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Atria Oyj - Company Announcement

Atria to improve its competitiveness through investment in Nurmo pig cutting plant


Seinäjoki, Finland, 2015-01-09 12:30 CET (GLOBE NEWSWIRE) -- 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