Raute to move operations to a new location in China
RAUTE CORPORATION PRESS RELEASE 4 JUNE 2021
RAUTE TO MOVE OPERATIONS TO A NEW LOCATION IN CHINA
Raute will move its operations in China to a new location in Changzhou, Jiangsu province. The new facility is located some three hours’ drive from Shanghai and there is a fast and efficient train connection. Operations in the new site are planned to start in January 2022.
“The current location in Shanghai area has limitations for further growth as the area is being developed more towards lighter industry’s needs. The nearby supplier network is moving to new regions as well. Also, challenges of finding skilled work force for industrial work did contribute the decision. The operational environment in the new location provides an improvement in all those respects and thus improves the effectiveness and competitiveness of Raute’s operations in China. Raute will employ some 100 persons in the coming Changzhou facility”, says Tapani Kiiski, President and CEO, Raute Corporation.
At the same time some office functions, sales, admin and engineering, will be moved in a new location in Shanghai area. Raute will employ some 25 persons in the Shanghai office.
Raute will offer jobs in the new location to its current employees and will start negotiations with current employees about this.
FURTHER INFORMATION:
Mr. Tapani Kiiski, President and CEO, mobile +358 400 814 148
DISTRIBUTIONS:
Main media, www.raute.com
RAUTE IN BRIEF:
Raute is a technology and service company that operates worldwide. Raute’s customers are companies operating in the wood products industry that manufacture veneer, plywood, LVL (Laminated Veneer Lumber) and sawn timber. Its technology offering covers the entire production process for veneer, plywood and LVL and special measurement equipment for sawn timber. As a supplier of mill-scale projects, Raute is a global market leader both in the plywood and LVL industries. Additionally, Raute’s full-service concept includes technology services ranging from spare parts deliveries to regular maintenance and equipment modernizations. Raute’s head office is located in Lahti, Finland. The company’s other production plants are located in Kajaani, Finland, the Vancouver area of Canada, the Shanghai area of China and in Pullman, Washington, USA. Raute’s net sales in 2020 were EUR 115.0 million. The Group’s headcount at the end of 2020 was 751. More information about the company can be found at www.raute.com.