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Remote Valmet hopes to win more Porsche Boxster orders.(News)(Valmet Automotive Inc.)(Brief Article)

Automotive News Europe,  August, 2003  by Chew, Edmund

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Byline: Edmund Chew

Valmet, on the southwest coast of Finland, is one of the most remote plants in the European assembly industry.

Valmet has a tradition of high-quality assembly of upmarket niche vehicles but has been hit by the loss of important contracts forcing the company to halve its 1,500 work force.

The company built 41,000 Saab 9-3 convertible, Saab 9-5 hatchback and Porsche Boxster models in 2002 but the contract for the new Saab 9-3 convertible was won by Magna Steyr in Austria. In April production of the Saab models at Valmet ceased.

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