Plywood

UPM has completed the employee consultation process in Finland started in April. As a result, the number of employments in Finland will decrease by 28. In Germany and Austria, the process is still on-going.

Unilin Group, through its division Unilin Flooring, has come to an agreement with the Austrian supplier of timber and wood-based materials JAF Group to acquire an important part of its production site in Braşov, Romania. The deal includes land, buildings and industrial assets. Over 100 employees will transfer to Unilin...

Boise Cascade Company reported net income of $149.2 million, or $3.76 per share, on sales of $1.8 billion for the 1Q ended March 31, 2021, compared with net income of $12.2 million, or $0.31 per share, on sales of $1.2 billion for the 1Q ended March 31, 2020.

Garnica has started work on the construction of its seventh plant, which will be built according to the “smart factory” model, in the Parc du Grand Troyes, France. The new plant will start operating in 2022, with an annual wood consumption capacity of 300,000 m3.

UPM aims to increase efficiency of its global functions by reorganising and streamlining the operations in Finland, Germany, and Austria. If implemented, the plans would decrease the number of employments in the functions by up to 51.