<B>Metso Unit Investing in Tissue R&D</B>

Metso Corp.'s fiber and paper technology business area, Valmet, will invest in its tissue making research and development technology in Karlstad, Sweden. The expanded facilities and the new pilot tissue machine will be operational next August.

The pilot machine will be transferred to Sweden from the former Beloit Research and Development Center in the United States.

December 2000
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