The company sees an opportunity to divert waste wood from energy production and reuse it as material for new products.
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Six-colour offset press added in Indianapolis; upgrades planned in Chicago and Naperville.
The projects could create more than 200 jobs and add annual demand for over 100 thousand tonnes of forest biomass.
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.
The new-construction starts lagged a year earlier by 30.5%.
The Ashland Sawmill project is expected to create and retain the equivalent of 220 permanent full-time jobs.
The Estonian mill will add and modernize veneer and plywood production lines, with start-up scheduled from autumn 2027.
The additional capital will fund selective acquisitions and value-creation projects across existing and future timberland holdings.
The new facility at Kočevska Reka will process beech timber in batches ranging from six to 15 metres.
The mill will start at 80 million board feet annually and reach 108 million board feet at full capacity.
The project will add prefabricated floors, roof panels and stairs to the company’s existing wall systems.
The funding will support wood-product processing, innovation, workforce development, plantations and timber import compliance.
The mill, formerly operated by Domtar, was idled in 2024 after the company announced plans to close the facility.
Projects in Chapleau and other northern communities will modernize mills, expand biomass use and maintain bioenergy operations.
The new system will connect flue gas condensation with Helsinki’s district heating and cooling networks.
The Takaoka City sawmill uses steam heating and integrated steam basins to reduce heating times and provide precisely controlled drying.
Funding will connect private forest owners with businesses using mill by-products and underused wood.
Funding will expand lumber drying capacity, develop biomass energy projects and advance wood-residue products.
The grants fund sawmill reopenings, equipment upgrades, biomass systems and mass timber projects across the state.
Economic uncertainty is delaying equipment orders, while cost savings are reducing customer maintenance activity and Services demand.