VIDA to invest in Bruza Sawmill in Hjältevad, Sweden
VIDA AB, owned 70% by Canfor Corporation, announced that it will invest approximately 700 million SEK (CAD$85 million) at its Bruza Sawmill in Hjältevad, expanding production from 175 million board feet to 240 million board feet. This major investment includes a new highcapacity planing mill equipped with the latest technology, a new boiler, wood drying kilns and warehouse. “I’m very happy that we’ve made this decision to increase our capacity in eastern Småland, together with our sawmills in Vimmerby and Mörlunda. This investment clearly demonstrates that we believe in wood as the material of the future, and in Hjältevad as a place to grow our business,” said Måns Johansson, CEO of Vida AB and President, Canfor Europe.