UPM to Invest 10 Million Euros in Joensuu, Finland Plywood Mill
UPM invests Euro 10 million in Joensuu plywood mill in Finland
UPM, a frontrunner in the forestry industry providing renewable solutions for various end-uses, has announced that it intends to invest 10 million Euros in the development of their plywood mill in Joensuu, Finland. The investment now being made is a continuation of the development projects of recent years at UPM Joensuu mill. In 2020, a new bio boiler was commissioned, and many production lines were upgraded in 2018–2020.
The new investment includes new production lines, new workspaces, and 720 square meters of completely new production space. UPM’s investment strengthens the mill’s competitiveness by improving the mill’s security of supply and ensuring the high quality of demanding products. UPM Joensuu plywood mill employs about 170 people and has an annual production capacity of about 55,000 m3.
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