The deal covers pallet operations in Pennsylvania and Virginia, while the Dilwyn, Va., sawmill stays with Kamps.
Palets de madera
The deal will add a Waseca, Minnesota pallet plant and 75 employees.
Price for wooden pallets exported from China expanded 6%.
Lithuanian facility receives Euro 24 million national loan, targets export markets across Europe, Asia and North Africa.
Price for wooden pallets imported to China decreased 15%.
New identity will debut on March 25, 2026, reflecting industry's shift from local operations to a worldwide network.
Imports of wooden pallets to China contracted 7%.
Czech Republic leads with 47% share, Spain’s imports grow over fourfold.
Price for wooden pallets exported from China rose 4%.