New subsdiary, Kaukas Timber Components Oy, to be formed for UPM-Kymmene Timber's Joinery Unit

Kaukas Timber Components Oy will be formed from Porin Puuosa Oy and the joinery products factories of Kaukas Oy, which are part of UPM-Kymmene Timber's Joinery Unit. The company will be based in Lappeenranta.
Kaukas Timber Components Oy's factories are located in Lappeenranta, Luumäki, Heinola, Kajaani and Kuusankoski. The turnover of the new company, employing 220 people, will be FIM 170 million. The factories mainly manufacture products for the construction, furniture and joinery industries.
Mr Matti Valoaho has been appointed Managing Director of Kaukas Timber Components Oy. He will report to the Managing Director of the Joinery Unit, Mr Paavo Tuovinen.
Mr Petri Hyvönen has been appointed Mill Director at Kajaani and he also deputises for the Managing Director.
Hannu Kauppinen has been appointed Mill Director at Heinola.
Mr Leo Suomela has been appointed Production Manager at the Lappeenranta and Luumäki factories.
Mr Juuso Kuusela has been appointed Production Superintendent at the Lappeenranta, Luumäki and Kuusankoski factories.
Mr Matti Leinonen and Mr Hannu Kupiainen have been appointed Sales Office Managers.
Mr Leinonen is responsible for the Lappeenranta and Luumäki factories' sales in Finland and to German speaking areas. Mr Kupiainen is responsible for other export markets.
Mr Jukka Rusanen has been appointed Finance Manager.