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UPM restructures and prepares layoffs
Published:  16 March, 2009

Leading forest products group UPM, based in Helsinki, Finland plans to transfer the plywood processing operations from its Lahti processing mill to the company’s other plywood mills.
In addition UPM has temporarily layed off the entire personnel of its Kaukas plywood mill. Negotiations with all employees at both mills is ongoing. The reason for this state of affairs is the further weakened market situation of plywood.
UPM’s Lahti processing mill specialises in the further processing of plywood panels manufactured at the company’s own mills. The mill employs 110 persons.
The Kaukas plywood mill manufacturers uncoated and coated WISA plywood mainly for the transport industry. The mill employs about 320 people.
UPM has also started employee negotiations for temporary layoffs at all of its sawmills in Finland. UPM Timber employs approximately 900 people in Finland.

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