Jun 12, 2008. /Lesprom.com/. UPM estimates the result for its sawn timber business will be weaker than forecast in the 2Q 2008. Also the full year profitability outlook for the sawn timber business within the Wood Products Division is expected to further weaken markedly. UPM will start employee negotiations for the possible closure of Leivonmaki sawmill in Finland. The Leivonmaki sawmill has generated constant losses. The continued strongly weakening market situation and the uncertainty related to raw material supply have further complicated the situation. UPM has already during spring and summer responded to the weaker markets and reduced its sawmilling by temporarily limiting production at the all of the company's seven sawmills in Finland. Leivonmaki sawmill employs 63 people. The sawmill, located in Central Finland, produces spruce sawn timber and its annual production capacity is 80,000 cubic metres. The sawmill uses annually some 200,000 cubic metres of spruce logs. UPM Timber supplies sawn timber and further processed timber products to the building, construction and joinery industries. Annual production capacity is 2.2 million cubic metres of WISA timber products.