# North Outdoor expands knitting factory in Oulu, Finland

North Outdoor has completed a two-phase expansion of its knitting factory in Oulu's Rusko district, investing about 3 million euros to become Finland's largest wool sweater factory, capable of producing up to 100,000 merino wool sweaters per year.

- Type: Expansion
- Announced: 2023-10-05
- Where: Oulu, Finland
- Value: $3.20M (3.00M EUR)
- Starts operating: 5 Oct 2023
- Status: completed
- Capacity: 100,000 merino wool sweaters per year
- Products: merino wool sweaters
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [North Outdoor](https://endata.com/companies/73056.md)

## Sources

- [northoutdoor.com](https://northoutdoor.com/en/blogs/merino-wool-stories/oulu-is-the-capital-of-merino-wool-sweaters), 2023-10-05: "The entire investment and expansion, worth around three million euros, was carried out in two phases, the latter of which has just been completed."

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