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Baltimore port to extend deal with Finland paper supplier

Maryland Port Administration officials will announce on Friday a
three-year contract extension with UPM-Kymmene, a leading paper
manufacturer based in Finland. 

The renewed deal cements the Port of Baltimore's place as a top
destination for imported forest products. 

The deal guarantees more than half a million tons of forest
products will be imported from Finland over the next five years,
state officials said. Also, almost 557,000 covered shed space will
be used and a 300,000-square-foot paper shed will be built. 

More than a million tons of forest products -- paper, pulp and
lumber -- passed through the Port of Baltimore during its
record-breaking 2003, a 20 percent increase over the previous
year. 

The Port of Baltimore's public terminals handled 7.1 million tons
of cargo last year.