Company detailsCode: BillerudCompany name: Billerud KorsnäsCompany country: SwedenNumber of employees: 4400Sector: C - ManufacturingSector detail: C17 - Manufacture of paper and paper productsSub-sectors: C17.1 - Manufacture of pulp, paper and paperboard Reshoring detailsReshoring announcement date: 08/06/2016Starting implementation date: June, 2016End of Implementation : March, 2018Reshored to: SwedenLocation of affected unit(s): SkärblackaLocation code: SE123Reshored business function: ProductionReshoring governance mode: In house (in own facilities)Estimated job gains: 40Reasons for reshoring: Firm's global reorganizationCase narrative: Billerud Korsnäs is a Swedish pulp and paper manufacturer. The company has announced that it will move a machine-glazed paper machine from Finland, to Skärblacka in Sweden. Moreover, the company will rebuild an existing paper machine in Skärblacka to increase its paper coating capacity. The company said it would invest in Skärblacka to increase surface treatment capacity on the mill's PM 7. The relocation of the Tervasaari MG kraft paper machine and the PM 7 investment are part of the company's plans first announced in autumn 2015. The investments should cost around EUR 138.48mn should start during the year 2016 to be operative in Q1 2018. The company expects to create 40 new jobs through the operation. Sources: Nordisk Industri, 08/06/2016 Euwid pulp and paper, 13/06/2016 Sources link: http://www.industrinyheter.se/2016/06/billerudkorsn-s-g-r-miljardinveste... http://www.euwid-paper.com/news/singlenews/Artikel/billerud-korsnaes-to-... Offshoring detailsOffshoring location: FinlandOffshored business function: Production
