Revenue has decreased due to some material prices stabilizing at a lower level which are less than the prior few years and a more competitive construction market fueled by interest rate hikes by the Bank of Canada.
With this acquisition, the Thorne Lumber locations in the Missouri communities of Chillicothe, Cameron, and Plattsburg will bring R.P. Lumber’s total location count to 87, including 20 in Missouri.
Mosaic Forest Management announced that the current President and CEO of Mosaic Forest Management, Rob Gough, will leave the company for personal health reasons.
U.S. mortgage rates move up.
The closing of the agreement is estimated to occur at earliest on August 1st, 2024.
Imports of wood pellets to Japan grew 22%.
Price for lumber imported to Japan rose 1.4%.
Per Funkquist has extensive and solid experience in the forestry industry and will take up his new position on September 1, 2024.
The annual lumber production capacity of the Keitele sawmill will increase to 600,000 cubic meters of finished lumber.
The rebuilt machine is running smoothly with a capacity of 150,000 tons of brown and white kraft paper per year and a paper witdth of 6,300 mm at the reel.
The Service Agreement includes comprehensive maintenance services from headbox to winder. The Performance Agreement includes condition monitoring services and technological support.
The price of particle board dropped by 7.6%.
New guidelines aim to restore trust in carbon offsets.
The negotiations for collective labour agreements for UPM Specialty Papers, UPM Raflatac, and UPM Biofuels are ongoing.
Company plans to close the Hürth newsprint mill and shut down a fine paper machine at Nordland Papier (PM 3) in Dörpen.
Exports of lumber from Latvia increased 17%.