Pöyry's Forest Industry business group has signed an agreement with USG Corporation, Chigaco, IL, to provide engineering and project management services for a major board machine rebuild at USG's Otsego mill in Michigan. The services will be provided during 2007. The value of the services contract is about EUR 2.5 million.
The 4.5-m-wide (179 inches) PM1 board line will be rebuilt to produce high-quality gypsum linerboard in a basis weight range of 160-205 g/sq m. Pöyry's contract includes engineering management, civil and detail engineering services, as well as time scheduling and procurement services.
This assignment is a continuation of the cooperation between USG and Pöyry. USG Corporation is a Chicago based Fortune 500 manufacturer and distributor of high-performance building systems.
Pöyry is a global consulting and engineering firm focusing on the energy, forest industry and infrastructure & environment sectors. Pöyry's annual net sales amount to about EUR 600 million and it employs 6000 experts.
PÖYRY PLC
Satu Perälampi
Investor Relations Manager
Additional information by:
Patrick von Essen, President, Business Area North America
Tel. +358 10 33 22673
Larry Londo, President, Pöyry (Appleton) LLC, USA
Tel. +1 920 954 2213
www.poyry.com
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