MM CEO Stralz: US not at any cost
Now “full steam ahead with € 200 million investment in Leoben”, new construction in the US not off the table in the medium term
“It is important to produce in the US – but not at any cost,” said Richard Stralz, CEO of Mayr-Melnhof-Holz, about his philosophy in August after the auction of Klausner Lumber One. Four months later, at the online auction of Klausner Lumber Two, he showed what his absolute limit was: $ 82.9 million. This was his final offer. Binderholz was prepared to spend $ 500,000 more and won the bid.
