Dresser Inc News

Wärtsilä Sells High Speed Engine Rights to Dresser

Wärtsilä has sold the product rights of the high-speed Wärtsilä 200 and 220 product family to Dresser Inc. Waukesha business unit in the USA. Wärtsilä will continue to provide service for the engine base as before. This transaction does not include transfer of personnel. Wärtsilä is also negotiating the transfer of its production in Mulhouse, France, to another company. That company would then take on part of the factory's personnel. Wärtsilä's production in Mulhouse ceases at the end of 2004. The Mulhouse unit has a current workforce of approximately 450. Wärtsilä France will henceforth concentrate on service. This transaction is part of Wärtsilä's ongoing restructuring programme and the company's aim to focus on its strong products.