The facility will install a new measuring frame and advanced systems to improve log measurement and sorting efficiency by summer 2026.
Apparent consumption fell by 10.8%.
Exports of particle board from Thailand decreased 17%.
Price for wood pellets exported from Vietnam to Japan upped 1.3%.
The price for wood chips imported to Japan stayed flat.
Leader of Russia’s largest forest industry company warns of a coming wave of bankruptcies.
Wood panels gain 0.5% month-on-month, while lumber and finished products record monthly declines.
Freddie Mac reports 15-year rate edges higher to 5.50% as long-term borrowing costs continue a downward trend.
Wooden housing declines 3.0%, accounting for 63.3% of total starts.
Price for wood pellets imported to Japan lost 6%.
Price for logs imported to Japan upped 5%.
Imports of lumber to Japan gained 3%.
Exports of wood chips from Thailand increased 24%.
New Chief Financial Officer joins from Hyster-Yale with turnaround experience, succeeds Greg Weitzel on 1 January 2026.
Acquisition secures three National Timber Systems manufacturing sites and broadens engineered timber solutions for UK construction.
Sales total approximately Euro 115 million as company sheds SFIC Belgium and Brazil's Tumelero.