Pölkky Oy has announced the construction of a new planing mill in Taivalkoski, Finland. The value of the investment is 10 million euros and is part of the company’s new investment programme.
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 m3.
“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”, says Petteri 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”, comments Pekka Tuovinen, Technical Director at Pölkky Oy.
Earlier in 2019 Pölkky Oy announced its first stage in the investment programme with the modernisation of the sawmill in Kajaani, which will also be incrementally implemented starting H2 2020.
Pölkky Oy uses 1 400 000 m3 of raw timber annually, across its four sawmills in Finland. The company’s turnover is 180 million euros. Pölkky has 420 employees in wood procurement, sawing and processing. Pölkky is a family company, now in the third generation.