The Kyroskoski investment is planned to be completed in late 2011 and the Äänekoski investment in spring 2012.Related to the planned investment M-real will start statutory negotiations at the Äänekoski board mill on February 18 covering the mill workers in total of about 130 people. The maximum personnel reduction need is estimated to be ten persons. The Kyröskoski investment is expected to have no personnel impact.Following the planned investments, the annual folding boxboard production capacity at Äänekoski mill would be approximately 240,000 tons and approximately 190,000 at Kyro mill. The new production volumes are planned to be sold to food packaging purposes.“Demand growth for M-real’s ecological and safe virgin fibre board has in food packaging been faster than expected and the expansion of Simpele mill’s capacity that will be implemented in spring 2011 is not enough to satisfy the demand. The best way to increase our production is to debottleneck the current board machines in moderate steps. Our target is to continue the profitable growth of our cartonboard business,” says M-real's CEO, Mikko Helander.M-real has announced plans to increase the annual folding boxboard capacity in total by about 150,000 tons during 2011-2012, including the investments at Äänekoski and Kyröskoski mills and earlier announced investment at Simpele mill. Thus, M-real’s total folding boxboard capacity would increase to about 935,000 tons per annum.