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September 8, 2023

Two sawmills to stop production in Finland and Norway due to lumber price decline and high log costs

In a recent development, two sawmills in Finland and Norway are facing significant changes in their operations due to the ongoing challenges in the lumber industry. The MM Kotkamills sawmill in Norway and Luoman Puutuote in Finland have both been impacted by a fluctuating economic landscape characterized by declining lumber prices and persistently high log costs. MM Kotkamills Sawmill in Norway: Negotiations and Potential Closure At the MM Kotkamills sawmill in Norway, change negotiations are set to commence in the coming week, affecting approximately 66 employees. Kymen Sanomat initially reported on these impending negotiations. The primary ...

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