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Segezha launches construction of CLT Plant in Sokol, Vologda region
On June 25, Oleg Kuvshinnikov, Governor of the Vologda Region, and Mikhail Shamolin, President and Board Chairman of Segezha Group, launched construction of the CLT manufacturing plant for modern engineer material for wooden house construction to be produced in Sokol, Vologda Region.
The Governor and the Head of the company took part in a symbolic ceremony of laying the foundation stone of the future plant. Senior management also signed the address to employees to be unsealed after the enterprise starts operating at project capacity.
"It's a truly landmark event for the whole Russian timber industry, as we are laying the groundwork for development of multistory wooden housing construction here, in the Vologda Region," Oleg Kuvshinnikov, Governor of the Vologda Region, said in his welcome address. "For the first time ever a cutting-edge plant producing a unique material that has never been manufactured in Russia before will appear in Sokol. I'm sure, CLT panels will be a breakthrough in domestic construction industry, both in mass civil engineering and construction of individual houses or social facilities."
The amount of investments in a new manufacturing facility is over 3 bln rubles, and the capacity of a future enterprise is 250,000 m2 production per year.