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Finland Lunawood strengthens its
position in the US |
Lunawood Establishes Production in the U.S. through Joint Venture with Atlanta Hardwood Corporation, Addressing Growing Demand for Sustainable Building Materials Lunawood has established a joint venture in the US, beginning the thermal modification of local wood species. Lunawood LLC will oversee the procurement, production, and sales of ThermoWood and other thermally modified products across North America. Under this joint venture, Lunawood LLC will build a production facility at Atlanta Hardwood Corporation¡¯s plant in Cleveland, Georgia. The plant will be dedicated to producing thermally modified timber products from locally sourced hardwood for the North American market, with additional global distribution. Lunawood is the first Finnish company in the mechanical wood industry to establish production in the US. Production at the North Georgia facility is expected to begin mid-summer 2025. Lunawood is a pioneer in thermal modification of Finnish pine and spruce since 2001 and was instrumental in developing the patented ThermoWood process. Lunawood LLC will stock the full range of Lunawood products for sale within North America at Atlanta Hardwood¡¯s facilities in Cleveland, GA, and Clarksville, TN. ¡°Lunawood is known as a growth-driven company exporting already to over 60 countries,¡± said Arto Halonen, CEO of Oy Lunawood Ltd. ¡°Having found a partner that shares our ambitions and is committed to serving the North American market comprehensively, we recognized a joint venture as the ideal solution to leverage both of our core competencies and enable our growth.¡± ¡°This joint venture will allow Lunawood to become the world¡¯s leader in thermal modification in both North American and Nordic species,¡± said Hal Mitchell, president of Atlanta Hardwood Corporation, and brand manager for AHC Hardwood Group. ¡°We are excited to offer volume production of these quality-tested, sustainable and durable products to the North American market. Scaling the manufacturing of U.S. lumber has been a dream since our first thermal modification kiln was installed 10 years ago. This joint venture allows us to accomplish that goal.¡± About Oy Lunawood Ltd. Oy Lunawood Ltd, established in 2001 in Finland, is the pioneer and global leader in sustainable wood innovations that positively impact architecture, well-being and emission reduction worldwide. We re-connect nature with people by bringing the natural benefits of the forest into daily life. We have two production units in Finland and world-wide partner network to serve building professionals. Our turnover in 2023 was EUR 49,8 million. About Atlanta Hardwood Corporation Atlanta Hardwood Corporation has operated from its base in the metropolitan Atlanta area since the mid-1950s and is doing business as AHC Hardwood Group in Cleveland, Georgia and Clarksville, Tennessee. Atlanta Hardwood Corporation also offers domestic trucking as AHC Logistics, which specializes in the transportation of lumber and building materials. Atlanta Hardwood Corporation¡¯s turnover in 2023 was 72.7 MUSD. Source: lunawood.com |