Friday, November 11, 2016
Raute Corporation, a leading technology and service company in the plywood industry, and York Timbers (Pty), the largest manufacturer of plywood products in Southern Africa, have signed a Cooperative Agreement in order to strengthen the level of cooperation towards a strategic partnership.
The parties’ mutual goal is to enhance the profitability of York Timbers via its plywood division with the aim of becoming an international player in the plywood business. The Cooperative Agreement will be executed in various forms such as production process and capacity development, service delivery, competence development, and sharing of technology upgrades on Raute and other equipment.
“York Timbers and Raute have already cooperated for years. The agreement is a major step forward in strengthening our cooperation in the future”, says Mr. Pieter van Zyl, Chief Executive Officer, York Timbers.
“Raute will be the main technology, service and development partner to York Timbers. This agreement allows us to commit to York Timbers and to develop our operations in Africa in the future”, says Mr. Antti Laulainen, Group Vice President of Raute Corporation.
Tags: cooperation, Cooperative Agreement, plywood division, Raute Corporation and York Timbers, strategic partnership, strengthen the level
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