Vida unveils $85 million investment in Hjältevad, Sweden's Bruza sawmill

Vida unveils $85 million investment in Hjältevad, Sweden's Bruza sawmill

Posted on December 11, 2023   |  

VIDA AB, with a 70% ownership stake from Canfor Corporation, plans to invest around 700 million SEK (CAD 85 million) in upgrading its Bruza Sawmill in Hjältevad, Sweden.

The upgrade aims to increase production from 175 million to 240 million board feet, enhancing overall operational capacity.

The substantial investment includes the introduction of a modern planning mill, a new boiler, wood drying kilns, and a warehouse.

Construction for the planning mill, designed for efficient lumber processing across Vida's markets, is set to start in spring 2024, with full production anticipated by 2026.



Help us by filling out this quick price survey

A PHP Error was encountered

Severity: Warning

Message: Trying to access array offset on value of type null

Filename: layouts/market_data_layout.php

Line Number: 124

Backtrace:

File: /var/www/html/application/views/layouts/market_data_layout.php
Line: 124
Function: _error_handler

File: /var/www/html/application/hooks/secDisplay.php
Line: 50
Function: view

File: /var/www/html/index.php
Line: 332
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: trim(): Passing null to parameter #1 ($string) of type string is deprecated

Filename: layouts/market_data_layout.php

Line Number: 124

Backtrace:

File: /var/www/html/application/views/layouts/market_data_layout.php
Line: 124
Function: trim

File: /var/www/html/application/hooks/secDisplay.php
Line: 50
Function: view

File: /var/www/html/index.php
Line: 332
Function: require_once

https://www.timber.exchange/global-timber-pricing-survey?u=7a9cd1ea6e9132c3ee13e0ec41718918cdbdef5dea23166b1a70cb85bb5a6702bf53823a5e85113d444d4f380c0941ffc49c5d00c116edd1da9cb3054c88536fiD70CsqWvc%2BAHoNGJUcKsHNa2UTs3CNdOcIfWPCdQb8%3D" class="survey-banner-link" id="bannerLink" target="_blank"> Take Survey