The expansion is backed by approximately $42 million in CDE investments, unlocking up to $16.5 million in tax credits and increasing employment from 140 to about 220 full-time equivalent positions.
HR & Termine
Executive vice president and chief financial officer Alan Haughie plans to retire and will serve in an advisory capacity through February 2027.
New leader brings 25 years of manufacturing and industrial experience from roles at Alvarez & Marsal and Garnica Plywood Group.
Kristoffer Ljungfelt is stepping down from the role of CEO by mutual agreement
He will join the Group Executive Team, report to President and CEO Massimo Reynaudo and be based in Helsinki after serving as CEO of Coolbrook since 2022.
Alan Haughie to retire after seven years, remaining as advisor through February 2027 to support annual report completion.
Global reductions total 123 positions, down from original 150 estimate, targeting $15 million in annual savings.
Fluff pulp continues normal operations as two remaining lines become core to the unit's long-term strategy.
Lukoshus will oversee SLB’s accounting and financial reporting, bringing experience from Smithbucklin and public accounting.
Changes include closing the Sundsvall manufacturing site, adjusting operations in Gothenburg and Jelenia Góra, and temporary layoffs in Finland from June through December.
Julie A. Dill, a board member since 2018, succeeds Lisa M. Palumbo who completes second two-year term.
New Trois-Rivières facility secures $35 million from federal government and $40 million from Investissement Québec.
Ten-year Trex veteran with supply chain and manufacturing background takes on expanded role leading R&D and engineering.
Weak order intake forces Raute to consider 90-day layoffs in Finland.
Interim Chief Commercial Officer since November 2025 remains on Group Executive Board and reports to CEO Mika Saariaho.
New executive joins from Boliden in autumn 2026 as current SVP Anders Edholm departs on July 31.
The pause will cut supply by about 25 million board feet as log inventories, fibre availability, and seasonal breakup affect the BC Interior.
New management team member reports to CEO as predecessor Timi Hyppänen departs the company.
The plan targets mill operations, regulatory changes, and new markets for Ontario wood products.
Possible temporary layoffs would run from June through December and cover parts of Packaging and Paper, and Pulp, Energy and Circularity.