State-of-the-art glulam production in Kohtla-Järve, Estonia
45% financed by EU grants
LayerWood is proud to introduce our upcoming state-of-the-art glued wood factory, set to redefine industry standards in Ida-Virumaa. We have experience more than 20 years in glued wood production and marketing field.
Backed by a team of skilled artisans and engineers, we pride ourselves on pushing the boundaries of possibility in glued wood production. With a relentless pursuit of innovation and a dedication to customer satisfaction, Layerwood Production OÜ is your premier partner for superior glued wood solutions.
Understanding Glued Wood
Glued wood, also known as engineered wood or laminated timber, is a revolutionary material gaining traction across the European Union.
- Sustainable & Eco-friendly
- Durable = Longer lifespan
- Versatile & Customizable
Indroducing 4.0 Technology
Existing Estonian glulam factories operate at 25-50% of Nordic standards.
Layerwood is a fully-automated factory employing Industry 4.0 technology.
Annual production capacity: 54,100 CBM.
Core products
Finger-jointed window- and door components and mouldings
Veneer-covered glued panels
Strength-graded glued posts and beams
A growth market
Region | Market size 2022 | Market size 2030 | Growth |
Europe | $1.3b | $1.9b | +44% |
US | 419M | 674M | +60% |
Japan | 89M | 183M | +105% |
75% potential production capacity is already placed
Join our journey
Expected 40% IRR
Investors are invited to contribute a total of €4.0M Euro.
IRR for 1.5M investor | 40% |
NPV (at 10%) | €4,641,915 |
Investment breakdown
4.0€M Private equity investment & Crowdfunding
€12.9M Just Transition Fund (written approval in place)
€16.7M is maximum level of bank loans, with state guarantee (Kredex, now EISA)
The Layerwood team
Four wood processing industry veterans with nine decades of combined experience across Europe. Visit our team for full bios.