Komatsu Forest has an intention to invest in land at Klockarbäcken in Umeå, Sweden, to further expand their operations. The land area is in an existing industrial and commercial area, as the company says in the press release received by Lesprom Network.
There are many signs of growth in forestry and Komatsu Forest sees a strong demand globally. The company also says that forestry is an industry for the future, where it is likely to see a variety of new, innovative and climate-smart materials made from wood.
"The investment we make here is primarily about ensuring long-term growth here in Umeå", Martin Ärlestig, Factory Manager, Komatsu Forest concludes.
Komatsu Forest manufactures forest machines that are sold worldwide. The company, which is wholly owned by the Japanese company Komatsu LTD, has its manufacturing and head office in Umeå.