The combination will bring together complementary businesses to create a truly global sustainable packaging solutions leader, with industry leading positions in two of the most attractive geographies of Europe and North America.
Builder sentiment was flat in April as mortgage rates remained close to 7% over the past month and the latest inflation data failed to show improvement during the Q1 2024.
Two Rivers Lumber has committed to creating 130 jobs at the new Alabama sawmill, which will specialize in the production of Southern Yellow Pine dimensional lumber.
Rengo Group intends to further promote development of the flexible packaging business through the making of the company into a subsidiary.
The Madison’s Lumber Prices Index for the week ending April 12, 2024 was US$481 mfbm. This is down by -1%, or -$5, from the previous week when it was US$486.
JELD-WEN Holding expects to incur one-time costs of approximately $45 million and generate annual pre-tax income improvements of at least $11 million.
Germany and Croatia see significant growth despite overall downturn.
Exports of lumber from Russia to Kazakhstan contracted 19%.
Sales in the wood product industry decreased by 0.2% from January.
Price for logs exported from Brazil slipped 5%.
This approach aims to counterbalance impacts from a persistent real estate slump.
These adjustments are expected to boost the profitability of forest estates and encourage sustainable forest management practices among family-owned operations.
Finnish forest giant rolls out Nature Management Services to enhance biodiversity through tailored assistance and subsidy applications.
Danske Bank analyst highlights major shifts as Sweden targets 9% increase in carbon sink by 2030 amid EU climate initiatives.
The program focuses on aiding public schools, roads, and other community services across rural America.
The estimated sales for the U.S. kitchen cabinet in February were reported at $1.2 million. For the year-to-date period, the overall market estimated sales were $2.5 million.