Metsä Group Adjusts Production at Kerto LVL Mills
Espoo, Finland 03 March 2015 -- Metsä Wood, the wood products business area of Metsä Group, will initiate statutory labour negotiations at its Kerto® LVL mills in Punkaharju and Lohja in order to adjust production in response to decreased demand in main markets. The planned temporary layoffs concern the whole personnel at both mills. The statutory labour negotiations are expected to be concluded during March and the possible curtailments are scheduled to take place mainly by the end of June 2015. Metsä Wood provides competitive and environmentally friendly wood products for construction, industrial customers and distributor partners. We manufacture products from northern wood, a sustainable raw material of premium quality. Our sales in 2014 were EUR 0.9 billion, and we employ about 2,300 people. Metsä Wood is part of Metsä Group.
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