Press release
Pölkky Oy announces investment program, focuses on cutting edge technology and competence

PRESS RELEASE – Kuusamo, Finland, February 19, 2019

Log house made with Pölkky Xlog.

Pölkky Oy has announced a major investment program, targeting its production facilities in northern Finland. The investment program is executed according to the company’s new strategy. The value of the first phase in the investment program is 30 million euros. In the first phase, Pölkky will modernize the production technologies at its sawmill in Kajaani, enabling more effective usage of the high-quality raw material in the Kainuu region. Pölkky has been operating in Kajaani since 2012. The company has found the raw timber in the Kajaani region to be a good source for the company’s high-quality wood products. The quality raw timber from the Kajaani region combined with a highly competent production facility enables the strong development of sawn timber processing across the Pölkky corporation.

As new technologies create the need for new kinds of competence, Pölkky Oy is also investing in its people. Pölkky has initiated extensive programs for recruitment as well for the development of its employees’ wellbeing at work.  In addition to modern technology, the company believes that employee wellbeing is a significant competitive advantage in today’s market.

“The global growth trend in timber construction is increasing the need for high quality processed wood products in all markets. Meanwhile, the value of raw timber in the forest is growing. With our new investment program we aim to significantly increase the use of raw timber, generating new jobs in all phases in our production chain in northern Finland.” says Petteri Virranniemi, Chief Executive Officer of Pölkky Oy.

Pölkky Oy uses 1 400 000 m3 of raw timber annually, across its four sawmills in Finland. The company’s turnover is 180 million euros. Pölkky has 420 employees in wood procurement, sawing and processing. Pölkky is a family company, now in the third generation.

PÖLKKY OY – 50 YEARS OF EXPERIENCE IN WOOD PROCESSING

Pölkky Oy is the largest private wood processing company in northern Finland. The sawmills and further processing facilities run by Pölkky Oy are located in the heart of Finland’s best raw timber region, in Kuusamo, Taivalkoski and Kajaani. Pine represents 75% and spruce 25% of our production. Pölkky also has a pressure treatment facility in Oulu.

The work is carried out using modern production technology and with a respect for tradition. Our modern, efficient facilities uphold the high-quality standard of our wood products, today and in the future. Our company has over fifty years of experience in wood processing. Our objective is to provide our customers with exactly the products they are looking for.

Contact:

Petteri Virranniemi, Chief Executive Officer, Pölkky Oy
Tel. +358 40 522 4390

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