Raute is a technology company serving the wood products industry worldwide. Its most important customers are the plywood and LVL industries.
Raute's customers are companies operating in the wood products industry that manufacture veneer, plywood, LVL (Laminated Veneer Lumber) and sawn timber.. The increasing popularity of renewable raw materials and products, for example in construction, means growth for the wood products industry. The size of the global wood products industry market is approximately EUR 150 billion.
The total value of the production technology investments in the global veneer, plywood and LVL industry is estimated at some EUR 600 million a year in a normal economic situation.
Raute is the global market leader its largest customer sector, the plywood industry, with a 15 to 20 percent market share. Raute's position in the LVL industry is also strong, as approximately more than a half of the LVL manufactured in the world is produced with machines supplied by Raute.
Raute's technology offering covers machinery and equipment for the customer's entire production process. As a supplier of mill-scale projects Raute is a global market leader both in the plywood and LVL industries. Additionally, Raute's full-service concept includes technology services ranging from spare parts deliveries to regular maintenance and equipment modernizations. Typical aspects of project-focused business are sensitivity to cyclical economic fluctuations and poor predictability of timing.
Our customers are served by approximately 700 Raute professionals from ten countries. Raute's head office is located in the Nastola area of Lahti, Finland. The company's other production plants are located in Kajaani, Finland, the Vancouver area of Canada, the Shanghai area of China and in Pullman, Washington, USA. Our production facilities are situated in the Nastola area in Lahti and Kajaani in Finland, in the Vancouver area in Canada and in the Shanghai area in China. The company's sales network has a global reach. Maintenance and spare part services are increasingly offered locally.
The company's series A shares have been listed on the Nasdaq Helsinki Ltd since 1994.