Valutec forms subsidiary Valutec Wood Dryers Inc., which will be headquartered in Vancouver, Canada. Ingo Wallocha has been appointed as CEO at Valutec Inc. He has worked primarily in the North American market for the past five years.

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Valutec forms subsidiary in Vancouver, Canada

Nov 05, 2015. /Lesprom Network/. Valutec forms subsidiary Valutec Wood Dryers Inc., which will be headquartered in Vancouver, Canada, as the company says in the press release received by Lesprom Network.

“We see great opportunities to expand into the world market, especially since the interest in our new generation of continuous kilns continues to rise," says Robert Larsson, Valutec CEO.

"Wood drying is an important part of a sawmill's value creation and Valutec's offer is perfectly suited for tomorrow's demands. So I chose to work with this investment together with them," says Ingo Wallocha, who has been appointed CEO at Valutec Inc.

He has many years’ experience working with wood drying and the sawmill industry. He has worked primarily in the North American market for the past five years.

Valutec, with its long history of lumber drying, is today the market leader in Europe. Over the years, the company has delivered more than 3,000 batch kilns and 1000 continuous kilns, primarily to the Nordic countries, but also many deliveries to major sawmill markets like Germany and Russia.