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UPM plans restructuring and closures
Published:  09 November, 2009

UPM plans significant restructuring to ensure the competitiveness of its plywood and timber operations in Finland.

The target is to improve the businesses’ long-term cost competitiveness and increase value added of the production in Finland. Cooperation negotiations with employees concerning the plans will start immediately.

UPM plans to permanently close the plywood mill and sawmill in Heinola, the Kaukas plywood mill in Lappeenranta, and the further processing mill in Parkana during the first half of 2010.

Furthermore in the plywood business area, the company plans to discontinue weekend shifts in most of the Finnish mills as well as to streamline the organisation of office employees.

In addition the production of the Kaukas further processing mill in Lappeenranta will be restructured.

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