Finnish sawmill operator Keitele Group is moving ahead with modernisation and expansion at its flagship Keitele site, positioning itself for a recovery in lumber demand after a sharp post-pandemic downturn. The investment programme, centred on a new sorting and packaging line alongside upgrades to drying and handling capacity, is due to be completed in 2026. The approach mirrors a broader shift in the European sawmilling sector towards upgrading existing facilities rather than building new mills, allowing production to continue while capacity is expanded. The timing is deliberate. Global lumber consumption has fallen by more than 15 per ...
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