Investments – Wood Markets News

February 16, 2018

La-Z-Boy to invest in New Tazewell, TN manufacturing campus

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La-Z-Boy Incorporated announced it plans to invest approximately $10 million in its England Inc. upholstery manufacturing campus, located in New Tazewell, Tennessee. The 1.1 million square-foot New Tazewell complex, which began operations in 1964 and was acquired by La-Z-Boy Incorporated in 1995, e...
February 15, 2018

Metsä Tissue invests in new Away-from-Home production line in Raubach mill in Germany

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Metsä Tissue is investing in a new production line for hand towels in its Raubach mill in Germany. The total investment is approximately Euro 10 million and the new production line for Away-from-Home products will be operative by the end of 2018, as the company says in the press release received by ...
February 15, 2018

LignaTerra to build $30 million cross-laminated timber plant in Maine

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LignaTerra will build a $30 million Cross-laminated timber (CLT) and other mass timber products plant in Millinocket (ME, United States). The company will open its new facility at the mill site owned by Our Katahdin, Inc. The move is slated to bring over 100 direct jobs. Company plans to start produ...
February 12, 2018

VPK Packaging to invest Euro 10 million to expand its Polish packaging division in Radomsko

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VPK Packaging Group is now starting up the construction of an extra hall, good for almost 10,000 m² of extra space in Radomsko, Poland. The new hall and processing machines are expected to be up and running by the middle of the year. The number of employees will also increase from 200 to 215 over th...
February 12, 2018

Metsä Tissue moved to bio energy in heat generation in Sweden

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Metsä Tissue, part of Metsä Group, has invested during the past five years approximately Euro 30 million into sustainable heat generation in its Swedish tissue mills. As a result, the Metsä Tissue mills in Mariestad, Pauliström and Nyboholm, are now using fossil free and CO2 neutral steam generation...
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