With € 45 million as the amount to be invested, the company will build a greenfield site with an annual production capacity of 100,000 m³. Start of construction is planned for the 4Q of 2017, and the production start is scheduled for the 1Q of 2019. Stora Enso anticipates a turnover of € 50 million/yr in full operation mode. Moreover, the factory is expected to increase the ROCC of the Wood Products division by 18%.
In total, the company will then be producing 230,000 m³/yr of CLT at three sites: Bad St. Leonhard, Ybbs and Gruvön.