Koskisen is launching a comprehensive investment program in the plywood production of its Panel Industry business in Järvelä. The investment program extends until the end of Koskisen’s strategy period, i.e. 2027. The first phase of the investment program will be implemented during 2025 and the total value of the related investments is approximately EUR 12 million.
“In line with our strategy, we are creating sustainable growth and the focus of investments is now shifting strongly to the Panel Industry. In recent years, we have invested heavily in the Sawmill Industry: the total investment value of the new sawmill and related operations, such as the log yard to be put into operation in early 2025, is approximately EUR 75 million,” says Koskisen’s CEO Jukka Pahta .
According to Pahta, the demand outlook for Koskisen’s wood products is stable and will strengthen, driven by the green transition, urbanization, and the development of trade and transportation. Wood products that bind carbon for a long time are a key part of a more sustainable bio-circular economy.
The systematic investment program in the sheet Panel industry will enable volume growth, streamline production, and facilitate related internal logistics. The investments also include automation of production phases.
“The key objective of the investment program is to improve the productivity, quality and yield of plywood production. As a result of the program, the plywood production capacity will increase from the current 65,000 m3 to 85,000 m3. This requires significant development of the machinery and investment in it,” says Tom-Peter Helenius, Director of the Board Industry Business Unit .
The first phase of the investment program focuses on developing the veneer manufacturing processes.
The plywood factory produces customized, high-quality birch plywood products for light and heavy transport vehicles, stamping tools, interior design, fixtures and furniture. The largest customer groups are the automotive, transport, construction and furniture industries.
“The existing production line has been built in stages and currently places restrictions on production development and volume growth. It is great that with the investment program being launched now, we have the opportunity to think about things with new eyes by modernizing the different stages of production and their mutual relationships,” says Helenius.
Koskisen is an international wood processing specialist with over a century of experience. They utilize the valuable wood raw material carefully, down to the last sawdust. They manufacture high-quality and sustainable bio-circular economy products that bind carbon for decades.
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