Tamfelt group structure report 2008

12 Jan '08

1 min read

Tamfelt Corp announcing an incorporation of the Group's paper machine clothing (PMC) and filter fabric business areas by means of a transfer of undertaking.

The transfers have been completed according to plan as of January 1, 2008, and the operation of the new companies, Tamfelt PMC Corp. and Tamfelt Filtration Corp. has started. The parent company for the Group is Tamfelt Corp.

As a result of the incorporation, the Group will report the PMC and Filtration businesses as primary segment and the geographical segment as secondary segment for the first time in the Interim Report for January-March 2008 to be published on April 24, 2008.

Tamfelt is one of the world's leading suppliers of technical textiles. The company's main products are paper machine clothing and filter fabrics. Tamfelt Group employs about 1,450 persons and its net sales were 155.0 million euro in the year 2006. Founded in 1797, the company is one of the pioneers of Finnish industry.

Tamfelt Group develops, manufactures and markets paper machine clothing, filter fabrics and other industrial textiles and related products and services. They ensure improved competitiveness for the customer and profitable operation of Tamfelt Group.

Tamfelt Corp

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