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PONSSE TO DOUBLE PRODUCTION CAPACITY TO MEET DEMAND
PONSSE OYJ PRESS RELEASE 21 FEBRUARY 2005 at 2PM
PONSSE TO DOUBLE PRODUCTION CAPACITY TO MEET DEMAND 10 million investments at Vieremä The municipality of Vieremä is to build additional production premises at Ponsses factory in Vieremä during 2005 and 2006 and to lease the premises to Ponsse. The first stage of the project involves an enlargement of the assembly plant and the second an enlargement of the components factory. The total surface area of the new premises is around 4,100 square metres and the cost estimate 4.1 million. These new premises will double Ponsses production capacity. Meeting on 18 February 2005, Vieremä municipal council unanimously gave the go-ahead to be involved in the project. Ponsse Oyj is to invest some 6 million in Vieremä during 2005 and 2006. These investments comprise equipment and machinery at the Vieremä factory, the customer service centre and the Ponsse Academy premises. After these investments, Ponsses premises at Vieremä will total 20,000 square metres. Vieremä, 21 February 2005 Ponsse Oyj Arto Tiitinen President, CEO Further information from: President, CEO Arto Tiitinen, tel. DISTRIBUTION Helsinki Exchanges Main media www.ponsse.com