Juken aims to return plant to profitability and secure long-term future
16 April 2018Forestry and wood processing company, Juken New Zealand, a unit of Japan's Wood One, has confirmed it is going ahead with changes to the products made at its East Coast Mill in Gisborne to return the plant to profitability and secure its long-term future.
The company was considering stopping production of Plywood and Laminated Veneer Lumber (LVL) products and reducing the manufacture of Structural Laminated Veneer Lumber (SLVL) at its East Coast Mill because those parts of the business had been operating at significant losses for a number of years. (See WBPI April/May 2018.)
The Mill, however, will continue to make high-value solid wood products used for high-end residential and commercial interior cabinetry, furniture, solid doors and feature walls and, overtime, this side of the business will expand.
