Metsä Wood has decided to build a new Kerto® LVL production line, with an annual capacity of 65,000 cubic metres, at its Punkaharju mill in Finland. The value of the investment is approximately Euro 52 million. The expansion of the mill will begin in early January 2018, and the new line will start up during the first half of 2019.

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Metsä Wood to invest Euro 52 million in Kerto LVL production line in Punkaharju , Finland

Metsä Wood has decided to build a new Kerto® LVL production line, with an annual capacity of 65,000 cubic metres, at its Punkaharju mill in Finland. The value of the investment is approximately Euro 52 million. The expansion of the mill will begin in early January 2018, and the new line will start up during the first half of 2019, as the company says in the press release received by Lesprom Network.

Agreement has been reached on the preconditions for the investment with the city of Savonlinna and the mill’s employees. The mill will be expanded by around 13,000 square metres, and the extension will be implemented by Rakennusliike U. Lipsanen Oy. The negotiations with the machinery suppliers continue.

The new production line will bring approximately 35 new jobs to the Punkaharju mill. In addition, the new line will add some 40 jobs to the subcontracting chain. The investment will increase the consumption of logs by 160,000 cubic metres per year.

With the investment, the mills annual Kerto LVL capacity will increase to 190,000 cubic metres. The Punkaharju mill has currently 450 employees. It also manufactures birch plywood.

Metsä Wood provides competitive and environmentally friendly wood products for construction, industrial customers and distributor partners. Metsä Wood is part of Metsä Group.