March 22 (Reuters) - Bergs Timber AB (publ) BRGb.ST :
* BERGS TIMBER'S SWEDISH SUBSIDIARY BITUS AB INVESTS AND
EXPANDS
THE PRODUCTION CAPACITY FOR LINAX.
* A NEW FACILITY WILL BE BUILT IN CONNECTION WITH CURRENT
PRODUCTION UNIT IN NYBRO, OUTSIDE KALMAR.
* BITUS WILL NOW INVEST 22 MILLION SEK TO INCREASE
PRODUCTION FROM
CURRENT APPROX. 5000 M3 / YEAR TO 15 000 M3 / YEAR
* FACILITY WILL BE READY BY TURN OF YEAR 2021/2022.
Source text for Eikon: ID:nWkr4hjPD8
Further company coverage: BRGb.ST
(Gdansk Newsroom)
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