Pölkky Oy has announced the construction of a new planing mill in Taivalkoski, Finland. The value of the investment is Euro 10 million and is part of the company’s new investment program.

Lumber

Pölkky invests in new planing mill in Taivalkoski, Finland

Pölkky Oy has announced the construction of a new planing mill in Taivalkoski, Finland. The value of the investment is Euro 10 million and is part of the company’s new investment program.

The new planing mill will produce a variety of processed wood products for both exports and the domestic market. The facility is expected to be up and running in the fall of 2020, and will directly employ 10 people. The new facility will have an annual capacity of over 100, 000 cubic metres.

“Investing in the construction of the new planing mill in Taivalkoski is part of our new strategy which aims to increase our ratio of further processed wood products and to improve our profitability. The new planing mill also enables us to react even faster to our customers’ needs. Collaboration with the Taivalkoski municipality has been very good”, saysPetteri Virranniemi, CEO at Pölkky Oy.

“The new plant will have a high degree of automation and will use cutting edge technology. In particular we are investing in the possibility to make fast cutting pattern changes”, commentsPekka Tuovinen, Technical Director at Pölkky Oy

Pölkky Oy is the largest private wood processing company in northern Finland.