logo
Skanska wins contract to build Fazer's $467m chocolate factory in Finland

Skanska wins contract to build Fazer's $467m chocolate factory in Finland

Yahoo14-07-2025
Skanska has secured a contract for the construction of Fazer's approximately €400m ($467m) chocolate factory in Lahti, Finland.
The project aims to enhance Fazer's production capabilities with advanced technology and automation.
Skanska's contract is worth €89m and will be included in its Nordic order bookings for the third quarter of 2025.
The construction of the factory, located in the Pippo industrial area, is set to begin in the coming months, with operations expected to start in 2028.
Fazer noted that the production of chocolates will also partially continue in Vantaa.
The new facility will span approximately 33,300m² and integrate Fazer's chocolate expertise with automated production lines and technologies to produce new types of products.
It will be carbon dioxide emissions-free while the efficient use of raw materials will significantly minimise production waste.
Fazer Group president and CEO Christoph Vitzthum said: 'The investment of approximately €400m is the largest in Fazer's history and it is also significant from a Finnish food industry perspective.
'The new factory will support both our domestic as well as international growth and demonstrates our strong belief in the competitiveness of Finnish food production also in the international markets.'
Fazer's investment is supported by Business Finland's industrial investment support programme.
Fazer has completed a real-estate transaction with the City of Lahti to facilitate the construction phase, which will employ hundreds of professionals, totalling over 500,000 working hours.
The investment will be financed through long-term debt, with a green finance framework allowing for the issuance of green financial instruments.
Fazer's new project is expected to contribute to Finnish food exports, with the company already accounting for 15% of these exports.
Recently, Skanska secured two new contracts in the US and Sweden: a rail link construction and a multisports facility development, respectively.
"Skanska wins contract to build Fazer's $467m chocolate factory in Finland" was originally created and published by World Construction Network, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Automate Unveils Push PRO: The Smartest Remote Control for Your Shades
Automate Unveils Push PRO: The Smartest Remote Control for Your Shades

Yahoo

time27 minutes ago

  • Yahoo

Automate Unveils Push PRO: The Smartest Remote Control for Your Shades

STAMFORD, Conn., July 27, 2025 /PRNewswire/ -- Automate, a leader in smart shading solutions, proudly announces the launch of Push PRO, its first smart remote for shades with built in offline automation. Push PRO delivers a seamless and intuitive way to control motorized shades, offering advanced automation features without requiring an internet connection. As energy costs rise, homeowners are looking for smarter ways to manage heat and light. Push PRO's automated scheduling helps reduce energy consumption, making homes more efficient without relying on Wi-Fi or apps. The personalized naming functionality eliminates the guesswork by enabling users to assign specific names to individual shades or groups, ensuring a more intuitive and efficient control experience. With over 60% of homeowners now integrating smart home tech, Push PRO is designed to seamlessly fit into modern smart homes, providing a convenient and efficient way to manage shading solutions. "Consumers want simplicity without sacrificing smart features. Push PRO is a leap forward-giving users' ultimate control over their shades while staying completely offline. This is the future of smart shading," said Jonny Matuichuk Senior Product Manager, Automate at Rollease Acmeda. "With features like personalized shade naming, offline scheduling, and installer-friendly setup, Push PRO is designed to enhance both user convenience and professional installation efficiency." Push PRO's on-screen prompts simplify setup, guiding users through configuration with ease. Users can adjust shade modes including motor speed and favorite positioning, with just a few taps. Additionally, Installer Mode provides professionals with the ability to pair shades, set limits, and lock settings before completing the handover. Designed for optimal visibility and accessibility, the 2.4-inch LCD display features an optional dark mode and smart wake function for instant access, helping with readability any time of day when backlit. Push PRO is powered by a long-lasting rechargeable battery, delivering up to six months of use on a single charge, with a fast USB-C recharge in just two hours. Push PRO is also the perfect master remote for the home, allowing users to conveniently control multiple shades across the entire home. For more precise, room-based control, it can be complemented with Automate Push series' single-channel or five-channel remotes, enabling users to manage individual shades when needed while maintaining overall home automation. With its sleek design, powerful automation features, and intuitive user experience, Push PRO completes the Automate Push Series, providing a tailored solution for every shade control need. Push PRO is now available through authorized Automate retailers and partners. For more information, visit About Rollease Acmeda Rollease Acmeda innovates, designs and manufactures window covering hardware systems and specialty fabrics for manual and automated shade solutions used in both commercial and residential applications. We have a global team of close to 300 associates, with eight distribution facilities across the United States, Mexico, Australia, and New Zealand, shipping to dozens of countries worldwide. Our brands include Automate smart shading solutions, Zipscreen outdoor shades, Texstyle specialty fabrics, and Rollease Acmeda indoor and outdoor hardware systems and solutions. About JM Family Enterprises JM Family Enterprises, Inc. was founded by automotive legend, Jim Moran in 1968. It is a privately held company with $22.8 billion in revenue and more than 5,000 associates. Rooted in automotive and united in its strong culture and core values, JM Family is in the business of helping other businesses succeed. As a long-term partner, it is invested in its companies, associates and its communities. Driven by exceptional performance, current subsidiaries are in the automotive, financial services, franchising and specialty distribution industries. Its family of companies includes: Southeast Toyota Distributors, JM&A Group, World Omni Financial Corp. (dba Southeast Toyota Finance), JM Lexus, Home Franchise Concepts®, Futura Title & Escrow and Rollease Acmeda. Interact with JM Family on Facebook, Instagram and LinkedIn. View original content to download multimedia: SOURCE Rollease Acmeda Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Learn How to Use ChatGPT to Automate Your Business
Learn How to Use ChatGPT to Automate Your Business

Entrepreneur

time9 hours ago

  • Entrepreneur

Learn How to Use ChatGPT to Automate Your Business

Streamline operations, boost productivity, and future-proof your skills with 25+ hours of hands-on training for just $19.97. Disclosure: Our goal is to feature products and services that we think you'll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. Smart professionals aren't just learning to use AI — they're using it to take back their time. If your day is filled with repetitive tasks, disjointed workflows, or too many tools that don't talk to each other, this ChatGPT and Automation E-Degree could be the pivot point you need. Designed for entrepreneurs, freelancers, and business pros, this $19.97 course bundle covers more than 25 hours of hands-on training across 12 lectures. You'll go beyond the basics of ChatGPT and explore how more than 20 top AI tools can help you solve real-world challenges in business, marketing, and development. From building customized GPT workflows to automating routine processes and visualizing data in a more impactful way, the content is tailored to actual use cases, not just theory. You'll learn how to communicate better with AI tools, use automation to streamline your workload, and even discover how generative AI can help with creativity for your brand or product. Even better, this deal includes lifetime access. That means you can return to the material whenever you're ready to tackle a new project or apply what you've learned in a new context. Whether you're looking to sharpen your tech skills, improve productivity, or future-proof your career, this course helps you get there with tools and strategies you can implement right away. Grab the full ChatGPT and Automation E-Degree on sale for $19.97 and start building a smarter, faster business. StackSocial prices subject to change.

AI is driving mass layoffs in tech, but it's boosting salaries by $18,000 a year everywhere else, study says
AI is driving mass layoffs in tech, but it's boosting salaries by $18,000 a year everywhere else, study says

Yahoo

time11 hours ago

  • Yahoo

AI is driving mass layoffs in tech, but it's boosting salaries by $18,000 a year everywhere else, study says

You've read about it all over, including in Fortune Intelligence. Maybe you or friends have been impacted: artificial intelligence is already transforming work, not least hiring and firing. Nowhere is the impact more visible than in the labor market. The technology industry, the original epicenter of AI adoption, is now seeing many of its own workers displaced by the very innovations they helped create. Employers, racing to integrate AI into everything from cloud infrastructure to customer support, are trimming human headcount in software engineering, IT support, and administrative functions. The rise of AI-powered automation is accelerating layoffs in the tech sector, with impacted employees as high as 80,000 in one count. Microsoft alone is trimming 15,000 jobs while committing $80 billion to new AI investments. But labor market intelligence firm Lightcast is offering a ray of hope going forward. Job postings for non-tech roles that require AI skills are soaring in value. Lightcast's new 'Beyond the Buzz' report, based on analysis of over 1.3 billion job postings, shows that these postings offer 28% higher salaries—an average of nearly $18,000 more per year. The Lightcast research underscores the split in tech and non-tech hiring: job postings for AI skills in tech roles remain robust, but the proportion of AI jobs within IT and computer science has fallen, dropping from 61% in 2019 to just 49% in 2024. This signals an ongoing contraction of traditional tech roles as AI claims an ever-larger share of the work. AI demand explodes beyond tech Rather than stifling workforce prospects, Lightcast's research suggests that AI is dispersing opportunity across the broader economy. More than half of all jobs requesting AI skills in 2024 appeared outside the tech sector—a radical reversal from previous years, when AI was confined to Silicon Valley and computer science labs. Fields like marketing, HR, finance, education, manufacturing, and customer service are rapidly integrating AI tools, from generative AI platforms that craft marketing content to predictive analytics engines that optimize supply chains and recruitment. In fact, job postings mentioning generative AI skills outside IT and computer science have surged an astonishing 800% since 2022, catalyzed by the proliferation of tools like ChatGPT, Microsoft Copilot, and DALL-E. Marketing, design, education, and HR are some of the fastest growers in AI adoption—each adapting to new toolkits, workflows, and ways of creating value. Cole Napper, VP of research, innovation, and talent insights at Lightcast, told Fortune in an interview that he was struck by the lack of a discernible pattern for which industries were most affected by the explosion of AI skills present in job postings, noting that the arts come top of the list. AI skills are in demand For the workforce at large, AI proficiency is emerging as one of today's most lucrative skill investments. Possessing two or more AI skills sends paychecks even higher, with a 43% premium on advertised salaries. In 2024, more than 66,000 job postings specifically mentioned generative AI as a skill, a nearly fourfold increase from the prior year, according to the Lightcast's 2025 Artificial Intelligence Index Report. Large language modeling was the second most common AI skill, which showed up in 19,500 open job posts. Postings listing ChatGPT and prompt engineering as skills ranked third and fourth in frequency, respectively. Sectors such as customer/client support, sales, and manufacturing reported the largest pay bumps for AI-skilled workers, as companies race to automate routine functions and leverage AI for competitive advantage. Christina Inge, founder of Thoughtlight, an AI marketing service, told Fortune in a message AI isn't just automating busywork, it's also becoming a tool AI-fluent workers can leverage to increase their own value to a company—and to outperform their peers. Take, for example, someone in sales using AI to create more targeted conversations to close deals faster, Inge wrote. The same can be said for customer service workers. '[Customer service workers fluent in AI] know how to interpret AI outputs, write clear prompts, and troubleshoot when things go off script,' Inge said. 'That combination of human judgment and AI fluency is hard to find and well worth the extra pay.' In fields like marketing and science, even single AI skills can yield large returns, while more technical positions gravitate to specialists with advanced machine learning or generative AI expertise. Crucially, the most valued AI-enabled roles demand more than just technical wizardry. Employers prize a hybrid skillset: communication, leadership, problem-solving, research, and customer service are among the 10 most-requested skills in AI-focused postings, alongside technical foundations like machine learning and artificial intelligence. 'While generative AI excels at tasks like writing and coding, uniquely human abilities—such as communication, management, innovation, and complex problem-solving—are becoming even more valuable in the AI era,' the study says. Winners and losers The emerging repercussions are striking. Tech workers whose roles are readily automated face rising displacement—unless they can pivot quickly into emerging areas that meld business, technical, and people skills. Meanwhile, millions of workers outside of tech are poised to translate even basic AI literacy into new roles or wage gains. The competitive edge now lies with organizations and professionals agile enough to combine AI capabilities with human judgement, creativity, and business acumen. For companies, the risk is clear: treating AI as an isolated technical specialty is now a liability. Winning firms are investing to embed AI fluency enterprise-wide, upskilling their marketing teams, HR departments, and finance analysts to build a future-ready workforce. AI may be the source of turmoil in Silicon Valley boardrooms, but its economic dividends are flowing rapidly to workers—and companies—in every corner of the economy. For those able to adapt, AI skills are not a harbinger of job loss, but a passport to higher salaries and new career possibilities. Still, the research doesn't indicate exactly where in the income levels the higher postings are coming, so Napper said it's possible that we are seeing some compression, with higher-paid tech jobs being phased out and lower-paying positions being slightly better-paying. Napper said the trend of AI skills cropping up in job postings has exploded over the past few years, and he doesn't expect a slowdown anytime soon. Napper said there's a 'cost to complacency'—one that includes a significant salary cut. He added that the 28% premium, Lightcast plans to release follow-up research on what level of the income latter the trend is hitting the most. For this story, Fortune used generative AI to help with an initial draft. An editor verified the accuracy of the information before publishing. This story was originally featured on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store