Raute Corp.’s Board of Directors has appointed Mika Saariaho as the new President and CEO beginning in late November. He will join Raute from Metso Outotec Corp. where he holds the position of Senior Vice President. Saariaho succeeds Tapani Kiiski who left his position by mutual agreement. Kiiski had been Raute President and CEO since 2004.
“After such a long history with the company, leaving this position is naturally bittersweet. The years have been filled with many challenges and successes,” Kiiski comments.
Saariaho has more than 20 years of experience and a solid track record in international business, especially in technology companies. Prior to the formation of Metso Outotec, he worked in various leadership roles at Metso and Outotec and previous worked worked for the World Steel Assn., Outokumpu and McKinsey. He was born in 1973 and is a Doctor of Science (Technology).
“We believe that Raute will be welcoming an excellent new President and CEO in Mika Saariaho. Mika’s extensive experience and competence provide him with an excellent foundation from which to take on this new position and to lead Raute along a profitable path,” says Raute Chair of the Board of Directors Laura Raitio.
Chief Operating Officer (COO) Petri Strengell is acting as interim President and CEO until Saariaho takes over the position. Thereafter, Strengell will continue in his role as COO and member of the company’s Executive Board.
West Fraser Timber Co. Ltd. has announced it is permanently curtailing approximately 170 MMBF of combined production at its Fraser Lake and Williams Lake sawmills and approximately 85 MMSF of plywood production at its Quesnel Plywood mill…
LP Building Solutions (LP) celebrated a landmark day in company history on Aug. 19, 2022 with the grand opening of its new global headquarters in Nashville, Tennessee. The new headquarters, which spans the top two floors—all 60,000 sq. ft.—of the Creative Office Building in Midtown’s Broadwest development, allows LP to further expand its corporate hybrid workplace model while upgrading its office environment…
PART THREE: This is the third of a four-part series summarizing the presentations delivered during the Panel & Engineered Lumber International Conference & Expo (PELICE) held this spring and hosted by Panel World in Atlanta March 31 to April 1. The first two parts appeared in the May and July issues of Panel World, and the fourth and final selection will be in the upcoming November issue…
The biennial Timber Processing & Energy Expo, following a pandemic-induced cancellation in 2020, returns this September 28-30 to the Portland Exposition Center in Portland, Ore. Hatton-Brown Expositions, an affiliate of Panel World magazine, has hosed the event since 2010.
“It’s hard to believe it has been four years since TP&EE was held, and what a strange trip it has been,” comments Rich Donnell, TP&EE Show Director and Editor-in-Chief of Panel World. “The important thing is that we’re back face-to-face. ‘Virtual’ is okay, but it’s not like being there.”
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