May 10, 2023
(press release)
–
RAUTE CORPORATION PRESS RELEASE
Raute receives order of EUR 44.6 million to
The plant, which will be the first LVL plant in
The order for Raute's technology includes all the production processes from veneer peeling to LVL billet handling, including extensive service package. The lines are a complete solution compiled of the latest most automated R7-Series technologies. The ordered machinery and equipment will be delivered during 2024. They will be manufactured at Raute's production units in Lahti and Kajaani in
"THEBAULT is our long-term customer, and we are very pleased to continue our close partnership with them on this new project. Raute is committed to provide its latest innovations and complete end-to-end expertise to build a new world-class LVL plant for THEBAULT", says
"After partnering with Raute for three generations of our family history, collaborating again with Raute in this important investment for our company is a guarantee for success and sign of trust, because Raute is the only equipment supplier in the world able to design, engineer and build the equipment for all processes in an LVL plant", says Antoine THEBAULT, President and CEO of
RAUTE CORPORATION
President and CEO FURTHER INFORMATION: Mr.
RAUTE IN BRIEF - Making
https://news.cision.com/raute-oyj/r/raute-receives-order-of-eur-44-6-million-to-france,c3767119
This project was earlier referred to in the stock exchange release dated
This new plant, which will be in full operation in 2026, is part of THEBAULT's development to extend its offering particularly to the construction industry. Driven by a fast-growing market, this French production of engineered wood products will expand the offer of bio-sourced materials contributing to the decarbonization of the building sector.
Raute is the partner to future-proof the wood industry. Our technologies cover different production processes with supporting digital and analytics solutions for engineered wood products. Additionally, we offer full-scale service concept ranging from spare parts to regular maintenance and modernizations. Our innovative hardware and software solutions are designed to support our customers' efficient consumption of natural resources. In mill-scale projects, Raute is a global market leader both in the plywood and LVL industries. Raute's head office and main production is located in Lahti,
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