Vancouver, BC - VIDA AB, owned 70% by Canfor Corporation , announced today that it will invest approximately 700 million SEK at its Bruza Sawmill in Hjaltevad, expanding production from 175 million.
Vida is Sweden's largest sawmill group with, among other things, 12 sawmills. Since 2019, the Canadian company Canfor has owned 70% of the shares in Vida. Now Vida's CEO has been appointed President of Canfor Europe. Måns has been Vida’s CEO since 2019 and before that sales manager for the group. Now he will assume the role of President of Canfor Europe while remaining as CEO of Vida.