UPM and Anaika Engineering to start co-operation

UPM and Anaika Engineering have signed a co-operation agreement on the production and marketing of lamwood beams. Anaika Engineering will manufacture the products and UPM will be responsible for raw material supply and product marketing. The main markets for the products are in Europe and Japan.

The annual capacity of the plant will be more than 50,000m3 of finished wood products. The plant, which will be built on the Aittaluoto industrial site in Pori, western Finland, will start operating in 2006 and will employ approximately 40 people.

The co-operation agreement will significantly support UPM’s strategy of increasing the added value of its sawn timber and provide its customers with components manufactured on an industrial scale.

UPM, Wood Products Division
September 9, 2005

For further information, please contact:
Tuomo Visanko, Senior Vice President, Operations, UPM Wood Products Division, tel. +358 (0)400 352 990
Juhani Kukkonen, Managing Director, Anaika Engineering Oy, puh. +358 (0)400 546 701

Anaika Engineering Oy Ltd is a Finnish technology company active in the field of mechanical engineering, which develops, manufactures and operates mechanical forest industry machinery and processes.