Setra Group will make a transition from continuous production to periodic production of cross-laminated timber (CLT) and wood components at the facility in Långshyttan, Dalarna. This adjustment, aimed at ensuring long-term financial stability, will result in layoff notices being issued to around 60 employees. “Rising timber prices, declining demand in the construction sector, and a surplus of CLT and wood components have significantly impacted profitability. This operational shift in Långshyttan is a difficult but necessary decision from a business standpoint,” says Marcus Westdahl, President and CEO of Setra Group. While CLT and wood component ...