Sonoco does not intend to appoint a successor to the COO position, and the president of each business unit of the Company will report directly to Howard Coker, President and CEO.
Freddie Mac reports current 15-year fixed rate is 5.44%, with both rates remaining at their lowest levels in three years.
Closure impacts up to 150 employees after North American newsprint demand falls 18% in 2025.
Price for wood chips imported to China expanded 8%.
Price for lumber exported from Finland to China downed 2%.
Price for wood chips imported to the United Kingdom lost 19%.
Price for plywood imported to the United Kingdom grew 10%.
Price for wood pellets imported to the United Kingdom changed marginally 0.2%.
Commerce plans to finalize countervailing duty determinations by May 2026, with preliminary duties taking effect after publication in the Federal Register expected by late January.
Purchase includes 70% stake in family-owned window company that employs 200 people and exports to Austria and Switzerland.
Funding aims to bolster liquidity amid ongoing North American lumber market volatility.
XO Windows, founded in 2008 and one of Arizona's largest window distributors, will integrate into two existing US LBM divisions.
The order directs Federal agencies to block Wall Street purchases of single-family homes, defines investor categories within 30 days, and requires $200 billion in mortgage-backed security purchases to lower rates.
Facility near Port of Charleston strengthens export logistics with EU-compliant pallet manufacturing.
Export value decreases 10.1% to $20.8 billion as average price falls 12.4% to $43.2 per piece.
Company will buy 17 acres, adds 15 jobs, and retains 30 positions in Adams County.