Possible temporary layoffs would run from June through December and cover parts of Packaging and Paper, and Pulp, Energy and Circularity.
Production capacity
The project is intended to improve wood-use efficiency, raise productivity, and expand development of plywood products, including large-format plywood, for international markets and the EU.
$115 million project adds 370,400 SF facility and creates 123 new jobs while retaining 200 positions.
New 4,036 m2 facility to increase product value by up to 70% and add lamination and precision machining capabilities.
Nairn Centre will run briefly to process log inventory, with the sawmill expected to operate into early to mid-June and the planer into late June.
New Pennsylvania facility targets eCommerce sector and consolidates two prior sites with automated production.
Investment targets increased machine availability and more effective maintenance planning within scheduled shutdown windows.
New sawmill under construction in Canada will raise log intake to 500,000 tonnes as North Island acquisition adds Ōtorohanga Timber Company operations.
The company plans to operate a 13-meter CPS+ continuous press line at its El Eulma site.
Installation increases metallizing capacity and enables intelligent process control for food packaging production.
Model results show higher EU and UK production, lower U.S. Southeast prices, and larger trade changes than production changes after the rules take effect.
Weak lumber demand and price pressure in China, a stronger ruble, and high interest costs drove asset impairments, capacity curtailments, and lower fourth-quarter sales.
New 60,000-tonne plant marks company's second largest in Asia Pacific and first large-scale U.S. paper chemicals investment in Guangxi.
Variable-speed pump turbines planned to boost grid-stabilization and flexible storage capacity at the Swiss site
New shredding equipment and conveyor improve operational efficiency after temporary shutdown in late 2025.
February sales declined 0.8%.
Press concept eliminates open draw threading to improve web runnability and reduce mechanical stress on components
System targets moisture management to improve board consistency and reduce waste.
The site has installed an automated pallet nailing machine and a package saw, allowing it to make standard and special-format pallets with dense and open deck designs.
Restructuring delivers $8 to $12 million in annualized savings while shipment volumes remain unchanged.