Swedish Vida will be taking over the recently closed-down Swedish sawmill Nössemark Trä from the Norwegian Moelven group on 30 December. After lengthy negotiations, Vida concluded a corresponding purchase agreement with Moelven on 14 December. According to information from CEO Santhe Dahl, Vida is going to invest roughly SEK250-300m in enlarging the sawmill in the coming 18 months. A new saw line for cutting smaller-diameter logs and geared to an annual production capacity of 150,000 m³ of spruce and pine lumber is being installed to start with; lumber production is then scheduled to be resumed in the third quarter of 2016.
The ensuing construction of a planing line with a processing capacity of 150,000 m³ of lumber per year is to be concluded by the middle of 2017. Around 55 employees are to work at the Nössemark facility once the new machinery has been put into operation.