With an investment program at its own site in Incukalns, Latvia, the Rettenmeier Group will significantly expand the plant over the next few years, increase the depth of added value and create more jobs.
During 2022, a new log yard and a new sawing line with a capacity of more than 1 million m3 per year each will be installed, followed by two new sorting lines at the beginning of 2023 and a new planing line with an annual output over 250,000 m3 in 2024.
The main focus of the entire investment and the future alignment of the company is to increase resource efficiency with higher yield, productivity and added value of the raw material at substantial improved energy balance. Taking ecological aspects into account, the company's complete vehicle fleet will be switched to electromobility wherever possible within the investment time frame. Energy recovery in the construction of the new buildings will be one of the key considerations. Moreover, the plant will be connected to both, the European and Russian railway networks in order to shift considerable parts of the freight transport towards the rail in the future.
Rettenmeier Holding AG is a leading innovative and market-oriented company in the wood processing industry with a comprehensive product range for trade, merchants and industry.
