
The mill will remain offline while the company assesses damage to a critical roof.
Cette page réunit 12,969 actualités sur États-Unis. Sujets récents : International Paper halts Pine Hill containerboard mill after roof damage; USDA tightens rules for $250 million biorefinery loan program; U.S. existing-home sales down 2.4% in June, inventory stalls at 4.6-month supply.

The mill will remain offline while the company assesses damage to a critical roof.

The final rule applies to loan guarantees for advanced biofuels, renewable chemicals and biobased product facilities.

Median existing-home price rose 1.8% year-over-year to $440,600.

The 15-year fixed mortgage rate also increased from the previous week, while both benchmark rates remained below year-earlier levels.

Family-owned company founded in 1954 cites wood supply challenges and foreign competition.

Tropical Storm Arthur damage and the 56-year-old facility make repairs uneconomic; officials will meet employees about transfers and the mill will stop after remaining inventory is processed.

AutoTranslate AI converts floor plan images into 3D data models for accurate material takeoffs.

The new standards will apply to 219 major-source facilities that make plywood, composite wood products or kiln-dried lumber.

Combined entity targets $150 million in cost synergies with Andy Nemeth as CEO and headquarters in Elkhart, Indiana.

Chicago leads with 6.5% gain while Seattle drops 2.3% as regional dispersion persists.

Nine-year company veteran and former interim CFO leads the finance function and reports to president and CEO L.T. Gibson

The 15-year rate fell to 5.79%, and both rates were lower than a year earlier.

The company recovered 119,000 board feet overall, with portions planned for glulam columns, nonstructural CLT facing and other architectural uses.

Private new single-family construction fell 0.1% from April, while public construction spending was estimated 0.5% higher.

Douglas-fir and western hemlock plantation near export facilities supports carbon project development.

$77 million facility doubles production capacity for Surestone decking and adds 50 full-time jobs.

U.S. Customs and Border Protection will keep collecting cash deposits on covered Chinese wood mouldings and millwork imports.

Bleached food wrapping shipments up 5.6% annually as inventories decline 6.8% from May 2025.

Clay Ellis transitions to Board Advisor after leading Global Cellulose Fibers through standalone business establishment.

The company plans closures in Illinois, California and New Jersey and will end preprint work at its Richwood, Kentucky, facility.

Permanent closure set for August 14, 2026, with folding carton production ceasing.

National survey finds stable ownership patterns, with fewer owners harvesting timber, lower concern about wildfire and higher participation in property tax, conservation easement and green certification programs.

Purchase activity eased modestly while refinance activity picked up as rates remained relatively stable in the six weeks to June 25, 2026.

President postpones approval of housing legislation while calling for passage of a separate voter identification measure.

Lower production and declining capacity pushed utilization rates higher, while lumber prices increased during the quarter.

Elevated mortgage rates and economic uncertainty weigh on buyer demand as new-home inventory reaches a 10.3-month supply.

The 120-acre plant is slated to begin production in the first quarter of 2028 and is expected to create 125 jobs; it will be LP’s fourth ExpertFinish site and second purpose-built for ExpertFinish.

The decision keeps in place a Clean Air Act permit covering lumber manufacturing and power generation operations in Humboldt County, California.

The proposal would reorganize procurement rules, remove nonessential requirements, consolidate security provisions, and shift guidance to nonregulatory resources.

Former Huber Engineered Materials president led $2 billion in M&A and joins Board amid strategic review.

The primary woodworking machinery sector has been hit harder by the downturn than the secondary segment that supplies machinery for further processing.

15-year fixed rate declined to 5.81% while retail sales and pending home sales improved.

$90 million investment brings 100 new jobs to Rockwall Technology Park campus.

Kate Pearlman joins as Senior Vice President, Investor Relations & Treasury from Lowe's.

Inventory levels rise 6% from April while purchases across three major categories show mixed results.

Portfolio includes 50 thousand acres of pine in Georgia and Alabama and 40 thousand acres of hardwood across Indiana, Pennsylvania, and New York.

Tube and core and protective packaging products face minimum 6.5% increase from July 13.

The unit covers Beaverhead-Deerlodge, Custer Gallatin and Helena-Lewis and Clark national forests and requires timber to be processed within the unit to support local wood-processing capacity and forest restoration.

Slower household formation, reduced immigration, weak home sales, and a shortage of low-cost housing are expected to weigh on demand and affordability.

Housing starts ran at a 1.18 million annualized pace in May as multifamily starts dropped; single-family starts were 882,000 units.

Jeffrey S. Lorberbaum to retire after 25 years as CEO, remaining Chairman of the Board.

Investment expands CCA and CA-C marine capacity across coastal North Carolina and the Tidewater/Virginia Beach market.

Larry M. Venturelli succeeds Philip R. Martens, who retires after serving as chairman since May 2016.

Softwood lumber prices remained 5.1% above year-earlier levels, while final-demand producer prices rose 6.4% from a year earlier.

15-year rate also rose while employment momentum lifted existing-home sales to a five-month high.

The rebuilt mill will be capable of producing up to 90 million board feet annually.

Uncoated free sheet net imports rise 11% while coated free sheet plunges 42% year-over-year.

The expansion is backed by approximately $42 million in CDE investments, unlocking up to $16.5 million in tax credits and increasing employment from 140 to about 220 full-time equivalent positions.

Median existing-home price rose to $429,300 while total inventory reached 1.55 million units, a 4.5-month supply.

Executive vice president and chief financial officer Alan Haughie plans to retire and will serve in an advisory capacity through February 2027.

Exports of softwood lumber from Canada to the U.S. declined only 0.4%.

New leader brings 25 years of manufacturing and industrial experience from roles at Alvarez & Marsal and Garnica Plywood Group.

Converted products also see 7% rise as strong mill utilization and inflation drive costs higher.

Deal marks second pallet market entry since 2022 as company expands industrial wood products reach.

Company admitted a teak balcony door and teak parts were used on two yachts sold in the United States and agreed to pay a fine and adopt a compliance plan.

The proposal keeps an exemption process and sets July deadlines, while the determination cites illegal logging and timber laundering as factors that distort wood-product pricing.

Current general manager Vanecia Carr rises to CEO as company targets growth in absorbent materials market.

The deal brings a Longview, Washington mill that makes lightweight recycled packaging papers into International Paper and expands the company's West Coast service capabilities.

15-year fixed rate fell to 5.79%; both rates were below their levels a year earlier

Alan Haughie to retire after seven years, remaining as advisor through February 2027 to support annual report completion.
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