# Raute receives EUR 93M order from Metsä Wood for LVL mill

Raute Corporation has signed a EUR 93-million contract with Metsä Wood to deliver technology for a new Kerto LVL mill in Äänekoski, Finland. The mill will have an annual capacity of 160,000 cubic meters.

- Type: Contract
- Announced: 2023-11-10
- Where: Äänekoski, Finland, Finland
- Value: $100.0M (93.0M EUR)
- Status: announced
- Capacity: 160,000 cubic meters per year of Kerto LVL
- Products: Kerto LVL production technology, veneers, LVL pressing lines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Raute](https://endata.com/companies/69921.md) (supplier)
- [Metsä Wood](https://endata.com/companies/73699.md) (customer)

## Sources

- [raute.com](https://www.raute.com/investors/reports-and-publications/stock-exchange-releases/release/raute-receives-order-of-eur-93-million-to-finland-2023-11-10/), 2023-11-10: "By investing in the best available technology in the industry, we significantly develop Kerto LVL's production efficiency."

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