Mayr-Melnhof Holz Holding AG invests 130 Millionen Euros in Leoben

Leoben, January 14, 2020

Mayr Melnhof Holz Holding AG starts the new year with a major investment of nearly 130 million euros to build a modern cross-laminated timber manufacturing plant at its company location in Leoben. With this largest-ever investment in the history of the entire group of companies, Mayr Melnhof Holz consistently continues its growth strategy, accelerates its forward integration and underpins its leading position in the European timber industry. As a result, Mayr Melnhof Holz will have two cutting edge cross-laminated timber plants at its disposal - the other one being at its location in Gaishorn - that will be able to cover the strongly increasing demand for timber construction solutions in residential and industrial building. The Federal State of Austria, the Province of Styria, the City of Leoben and the SFG have promised to support this project, which is an essential contribution to this investment. It is also an important impulse for the economy in the entire region.

Immediately next to the existing sawmill in Leoben, not only the highly modern cross-laminated timber plant, but also a high-performance re-sorting and planing facility as well as a fully-automated high-rack warehouse are created in a multi-stage process over a period of three years. In a further step, the comprehensive modernization of the sawmill is planned.

The supply of raw materials from Styrian forests, the existing infrastructure, a well-trained workforce and the supply with sawn timber from the directly adjacent sawmill make Leoben the ideal location for this future investment. Its CO2-neutral construction material will make an important contribution to more sustainability and active climate protection”, says Richard Stralz, CEO of Mayr-Melnhof Holz Holding AG. He is pleased that this massive investment will not only improve the competitiveness of the Mayr Melnhof Holz Group but also safe and create many jobs.

About cross-laminated timber

Cross-laminated timber is a solid wood construction component in which sawn timber is permanently glued together crosswise and in several layers to form panels. This crosswise construction ensures dimensionally stable and rigid components with excellent structural and physical building properties. The high degree of prefabrication in the factory makes cross-laminated timber an optimal, high quality building material. Today, wood can replace many CO2-intensive building materials such as concrete or steel in many cases and thus have a double climate-friendly effect: on the one hand, by binding CO2 in the wood itself and, on the other hand, by avoiding new CO2 emissions during the production process, as it is often the case with conventional construction materials. As a natural and renewable building material, cross-laminated timber makes a great contribution to active climate protection.

 

Image of the cross-laminated timber manufacturing plant, (c) arinco planung+consulting

Mayr-Melnhof Holz Group acquires all shares in Hüttemann Group

Leoben, February 27, 2018

We are pleased to inform you that the Mayr-Melnhof Holz Group has acquired all shareholdings in the Hüttemann Group, including its German sites in Wismar and Olsberg. This makes the Mayr-Melnhof Holz Group the leading supplier of glued laminated timber in Europe. The acquisition is subject to the condition precedent of authorisation by the relevant competition authorities, but we expect to receive a positive response within the next four to six weeks.
The sites of the two businesses complement one aother perfectly, both geographically and in terms of product lines. In future the Mayr-Melnhof Holz Gaishorn (Austria) and Richen (Germany) sites will work closely with the Wismar site, and the Reuthe (Austria) site with Olsberg.
For Mayr-Melnhof Holz, this step represents the next stage of expansion after extensive investment within the Group, and for the Hüttemann Group it ensures forward-looking succession planning.

About the Mayr-Melnhof Holz and the Hüttemann Group:
The Mayr-Melnhof Holz Group is headquartered in Leoben, was founded in 1850 and currently employs around 1,650 staff. The company is divided into Sawn Timber and Fabrication and Finishing Divisions and achieved an annual turnover of around 550m Euros in 2017. Its three saw mill sites and associated pellet plants are located in Leoben (Austria), Paskov (Czech Republic) and Efimovskij (Russia). Timber processing is undertaken at three sites in Gaishorn (Austria), Reuthe (Austria) and Richen (Germany). In addition to glulam beams (MM masterline), Duo/Trio beams (MM vistaline) and laminated ceiling elements (MM profideck), the Fabrication and Finishing product portfolio also includes cross-laminated timber CLT (MM crosslam), 3-ply structural panel (K1 multiplan), formwork panels (K1 yellowplan) and formwork beams (HT20plus).
The Hüttemann Group was founded in Olsberg in 1891 and today has around 250 employees. The company has three divisions: Timber Engineering Service, Construction and Masterwood. The two sites in Olsberg and Wismar together generated annual turnover of around EUR 65m in 2017 from production of glued laminated timber and associated services.

MM crosslam (cross-laminated timber)

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Mayr-Melnhof Holz Image Video