# Metsä Group to build EUR 300 million Kerto LVL mill in Äänekoski, Finland

Metsä Group has decided to build a new Kerto LVL mill in Äänekoski, Finland, with an investment of EUR 300 million. The mill is expected to begin production in late 2026 and will have an annual capacity of approximately 160,000 cubic metres, creating around 150 new jobs.

- Type: New facility
- Announced: 2023-06-14
- Where: Äänekoski, Finland
- Value: $324.0M (300.0M EUR)
- Jobs: 150
- Starts operating: 2026
- Status: announced
- Capacity: 160,000 cubic metres per year
- Products: Kerto LVL (laminated veneer lumber) beam and panel products
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Metsä Group](https://endata.com/companies/14612.md)

## Sources

- [news.cision.com](https://news.cision.com/metsa-group/r/metsa-group-to-build-a-kerto-lvl-wood-product-mill-worth-eur-300-million-in-aanekoski,c3790335), 2023-06-14: "Metsä Group has decided to build a new Kerto LVL mill in Äänekoski for the production of beam and panel products used in the construction industry."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.