Thunder Bay Pulp and Paper plans boiler and chemical-plant upgrades expected to raise daily kraft production by 11% and increase its use of forest biomass.
Weyerhaeuser
Georgia timberland owners lose buyers as mill closures cut 3% of U.S. containerboard capacity.
Higher lumber volumes and western log realizations helped counter transportation, fuel, freight and resin cost pressures.
Daniels takes the permanent leadership role after serving as interim head of the wood products business since March 2026.
Lumber sales realizations rise 13% from fourth-quarter averages and oriented strand board realizations rise 8%.
The company plants more than 100 million seedlings a year and says skidder tests put it on a path to full autonomy.
The approved transfer covers Tree Farm Licence 59 near Oliver and replaceable forest licences in the Merritt and Okanagan timber supply areas.
SFI-certified loblolly pine tract expands firm's US portfolio to 1.6 million acres with 25% high ecological value area.
Climate solutions segment grows 42% year-over-year, but overall results pressured by market headwinds.
New joint venture will build first facility in Mississippi, using over 7 million tons of wood fiber to replace coal in metals production.
Company expects total divestiture proceeds to exceed acquisition outlays as third transaction closes in early 2026.
The investment will be made over the next several years with input from local elected officials, business leaders, nonprofits, employees and other community partners.