The new film press contributes to increasing energy efficiency and saves the equivalent thermal energy demand of approximately 400 single-family houses every year.
Investments
When fully operational, the mill will have 4–5 employees working in two shifts, which will enable the production of 40 m3 of wet veneer from 80 m3 of veneer logs in an eight-hour shift.
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.
The program focuses on aiding public schools, roads, and other community services across rural America.
British Columbia province, Canada, is partnering with forestry manufacturers to build a strong forest-products sector and support good jobs in B.C. through significant capital expansion in their operations.
Government commits to building millions of homes by 2031, aiming to ensure affordable housing for all.
RoyOMartin plans to install technologically advanced production equipment at its Allen Parish plant that produces oriented strand board (OSB) for the housing industry.
With an increased annual capacity of 600,000 tonnes of folding boxboard, the BM1 is Europe's largest and most modern of its kind and is run with 98% renewable energy.
Engineering and related work has begun, and startup of the machine is scheduled for 2026.
Company plans to add three smaller distribution centers across North America in the next two years.
Menasha Packaging Company, LLC plans to infuse $70 million in capital into its Richmond, Indiana footprint as part of an ongoing U.S. network modernization initiative.
The company has a six-month window to correct this and maintain its stock listing.
The new state-of-the-art 4-colour converting machine is currently in start-up phase and equipped with an advanced automatic inline error detection system.
Meanwhile, in the first two months of the year, lumber prices began to increase in the main export markets.
The two automated handling lines, designed in Europe and installed on-site, will see millions of radiata pines trees sown, lifted and dispatched under controlled conditions annually, significantly increasing workforce conditions and safety.
The new investment adds a crepe paper production capacity of 30,000 tons per year.
This particular investment will increase Holmen’s annual production of renewable energy from water and wind by 360 GWh to just over 2 TWh.
Stiga RM will significantly expand its birch plywood mill this year, adding production space of 2,900 square metres, and will further modernise it with new, energy-efficient and environmentally friendly equipment.
Strengthening financial services for IKEA customers, the acquisition promises enhanced affordability and sustainability.
VT Industries celebrates groundbreaking of $16 million Holstein expansion. The expansion, slated for completion in spring 2025, will add 175,000 square-feet to the production footprint on the Holstein campus, marking the company’s largest addition to date.