Wooden housing declines 2.8%, accounting for 56.5% of total construction.
Acquisition adds Plymouth location to dealer's network ahead of new Farmington headquarters opening in early 2026.
Modernization targets increased production capacity for high-quality toilet and kitchen tissue.
Imports of wood pellets to Japan grew 11%.
Imports of softwood lumber to Japan grew 7%.
Shipments grow 6.4% as inventory declines 2.7%.
Chris Kalesnikoff will become President and CEO, and Krystle Seed will take the role of Chief Financial and Strategic Services Officer as the company continues expansion of its integrated mass timber operations in British Columbia.
The plan targets Euro 10 billion in bio-based product purchases by 2030 and aims to expand a Euro 2.7 trillion sector employing 17.1 million people.
Funding includes $700 million for housing-linked lumber demand, $500 million in new loans for large softwood producers, and over $100 million in worker training, expanding on prior $1.2 billion forest sector support.
Modernization targets increased production capacity and entry into the packaging board market.
New Chief Financial Officer begins transition on 1 March 2026 as Eeva Salonen retires from People & Culture role on 30 November 2025.
Company reports consolidated sales of $142 million, up from $140 million a year ago, and declares a dividend of $0.35 per share.
15-year fixed rate declines to 5.51% as pending home sales reach a one-year high.
Price for recycled pulp exported from Thailand gained 2%.
Large operators will apply new obligations from 30 December 2026, while micro and small firms will follow from 30 June 2027 under simplified due diligence rules.
The company will rebuild an 11.3-meter-wide paper machine and install two new winders to produce recycled fluting and liner grades by early 2027.