Stora Enso is investing EUR 16.8 million in a cross-laminated element plant at Bad St. Leonhard Sawmill in Austria. The investment will provide access to the rapidly growing massive building element market in Central Europe. The plant, with annual capacity of 61 000 m3, is expected to increase the annual sales of Stora Enso Wood Products by EUR 28 million when in full operation. Construction will start in the first quarter of 2007 and is scheduled to be completed in the first quarter of 2008. The investment will increase the number of employees by 53. (Source: Woodnet.cz)