Paper sector profits declined 13.6% and timber processing dropped 38.3%, while overall manufacturing rose 5%.
The merger will combine 4.2 million acres of timberland under the Rayonier name.
Price for lumber exported from Latvia changed marginally 0.7%.
Price for lumber exported from Finland to Algeria expanded 6%.
Price for lumber exported from European Union to Morocco grew 5%.
Price for wood pellets imported to Poland rose 1.1%.
New identity will debut on March 25, 2026, reflecting industry's shift from local operations to a worldwide network.
Deal for Billerica-based distributor opens new markets in Rhode Island and Connecticut, diversifies customer base.
Innovation raises renewable content in beverage cartons to 92% and cuts carbon footprint by up to 43%.
Export volume totals 12.99 million m3 as value decreases 2% and average price falls 8%.
Harvests from private forests amount to 47.6 million m3, representing 79% of total volume.
The tariff increase affects autos, lumber, and pharmaceuticals after South Korea’s legislature failed to ratify a 2025 bilateral trade agreement.
NOHFC funding supports installation of AI-powered scanner to boost efficiency at the Kenogami softwood lumber mill in Ontario, Canada.
Weekly increase follows a $62 surge from the previous month, continuing a 14% climb.
The former M. Kaindl regional sales manager succeeds Andreas Winkler after a four-month transition period.
Belo Horizonte-based company will supply the Brazilian industrial market with patented condition monitoring technologies.