These investments include a new plate cutting line, a new profile cutting line and a new panel line in the Finnish yard's steel halls. These are expected to be ready by late 2018/early 2019 and will boost steel production capabilities to meet the record cruise ship orderbook reaching to 2024.
With these investments, Meyer Turku will have the most modern steel production facilities in the world with laser-hybrid, digitally controlled welding technology.
'We are rebuilding Turku shipyard into a modern ship assembly factory. After these investments we will have one of the world’s most modern steel productions that will enable the ramp-up of our production,' said Mika Heiskanen, head of steel production.
Meyer Turku CEO Jan Meyer called it a 'giant leap forward' to meet the increasing international competition. 'We really need these investments along with the full and stable work effort of our shipbuilding teams to fulfill the promises we have made to our customers,' he said.
The investments are part of a long-term plan to ramp up the production to three times the value the shipyard produced in 2014 when the Meyer family took over.
The new plate cutting line and the new profile cutting line will be supplied by Finnish company Pemamek Ltd. from Loimaa.
'It is great to see the strong growth of Meyer Turku Shipyard and we are thrilled that Pemamek is able to be a part of Meyer’s future development,' Pemamek CEO Jaakko Heikonen said.
'We believe that the combination of the two Finnish family-owned companies will create a great force as the collaboration is based on the same core values and company visions,' Heikonen added.
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