FM Timber Ltd is a private owned sawmill company founded in 1997. Company factories are located in 4 different towns Pihtipudas, Pyhäntä, Kiihtelysvaara and Värtsilä. The company turnover is about 67 million euros and it employs about 140 people. Sawn timber production is about 220 000 m3 and planing mill capacity 70 000 m3. Spruce and pine share is about 50/50. The profession of the founding partners is reflected in the first part of the company name: FM stands for Forest Master.