Palmako is expanding the production
AS Palmako has bought a new production facility from Green Window at Põltsamaa in order to expand the production capacity. This will add to the existing sites in Kavastu and Laekvere which will continue the production of gardenhouses, laminated timber and pellets.
The deal was made on September 26th by which AS Palmako acquired the production facility from OÜ Green Window. The 3.7 hectares site is located in Põltsamaa which is in the middle of Estonia. Production and administrative buildings make up approximately 6000 m2. OÜ Green Window ended their production in spring this year.
„In the midterm perspective the gardenhouse as well as laminated timber production needs more space. Today’s production capacity is reaching it’s limits and the organic growth of the company isn’t possible any more. That’s why we have kept our eye on the real estate market for some time,“ commented Rain Raudsepp, the chairman of Palmako. „We won’t start the production there immediately, as the buildings needs renovation and the whole area restructuring. Initially we have planned to start production in the new facility in autumn 2014,“ added Raudsepp.