VMG Group together with real estate development company in Lithuania Hanner and Baltic Industrial Fund II managed by Braitin opened a 100 million Eur worth factory of structural engineered timber materials in Lithuania, Akmene free economic zone. VMG Lignum construction factory has yearly capacities to produce 120.000 cubic meters of LVL (Laminated Veneer Lumber), 15.000.000 meters of I-joists and 200.000 cubic meters of structural particle boards. "This product range is a world-wide unique combination of engineered timber materials for the construction, the most efficiently utilizing the wood biomass. It should ensure the ...