Lunawood is investing in one new thermo treatment kiln at its Kaskinen factory in Finland in the beginning of 2021. This fourth kiln will increase the production capacity of the Kaskinen mill by about 35%. Construction work on the site has already begun and the production of this new kiln will start in March 2021.
For Kaskinen, the investment means also new jobs. Four new employees for production work, one new employee for a contractor partner and a Production Manager will be hired. The recruitment will begin in November.
At Lunawood Iisalmi factory a fire broke out in September 2020 and two thermo treatment kilns were damaged. During the spring of 2021, Iisalmi’s production will be restored with replacement investments. One of the damaged kilns will be repaired and it will start production at the turn of the year. The other kiln is completely replaced with a new one, and this kiln will be in production use from the beginning of June 2021.
The total value of the investments in Kaskinen and Iisalmi will be approximately Euro 6 million.