Metsä Wood Kerto LVL Production Expansion in Punkaharju, Finland

ongoing

Metsä Wood, a part of Metsä Group, has decided to build a new Kerto® LVL production line, with an annual capacity of 65,000 cubic metres, at its Punkaharju mill. The value of the investment is approximately €52 million. The expansion of the mill will begin in early January 2018, and the new line will start up during the first half of 2019. The new production line will bring approximately 35 new jobs to the Punkaharju mill. In addition, the new line will add some 40 jobs to the subcontracting chain. The investment will increase the consumption of logs by 160,000 cubic metres per year. With the investment, the mill's annual Kerto LVL capacity will increase to 190,000 cubic metres. The Punkaharju mill has currently 450 employees. It also manufactures birch plywood.