technology

Fiskeby invests to increase capacity

Fiskeby invests to increase capacity

Fiskeby stands strong and is investing in increased cartonboard production. The vision is to produce 200 000 tons of recycled cartonboard annually in 2020 compared with the current 170 000 tons per year.

The ownership of Fiskeby by Coors family, since 2007, supports this growth initiative. After having studied the possibilities for Fiskeby to continue with different ownership last winter the family has decided to retain ownership of the company.

“We strongly believe in the future of Fiskeby, one of Europe’s leading manufacturers of sustainable cartonboard,” says Jeff Coors, Chairman of the Board of Fiskeby International Holding AB.  “Fiskeby is healthy with strong cash flow.  We have excellent employees and a top management team. Our vision is to produce 200 000 tons of recycled cartonboard annually by 2020.  In the coming years we will invest to improve board quality and production. The investments will also lower manufacturing costs, which strengthens competitiveness.”

“We are committed to reinvest into the mill for growth. Our track record of investment since 2007 is impressive,” concludes Jeff Coors, Chairman of the Board of Fiskeby International Holding AB. “We have made significant investments in the business, which enabled more efficient cartonboard production and our own energy production that covers most of its energy needs.  Now we invest to grow.”

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