The plan aims to expand domestic wood supply after softwood log imports fell from 12.2 million m3 in 2000 to 1.6 million m3 in 2025.
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The closure affects workers, families and businesses on British Columbia’s Sunshine Coast.
Funding will connect private forest owners with businesses using mill by-products and underused wood.
The proposal would return decisions on inventoried roadless areas to local national forest managers under existing laws and planning rules.
The project will test prefabricated structures designed for transport, rapid assembly and cold-weather deployment.
Canadian softwood lumber producers expect difficult conditions through 2026 as weaker demand, production curtailments and U.S. trade costs pressure operations.
The company aims to improve profitability, speed up decision-making and consolidate its Nordic supply chain.
Global overproduction in man-made cellulosic fibres undermines premium pricing for responsible production.
Production to shift to Oulu and Kalajoki sawmills as change negotiations cover 60 employees.
Existing U.S. builders posted lower deliveries and prices, while timber manufacturing turned loss-making even as housing volumes rose in Australia and Japan.
A full quarter of acquired operations and increased real-estate sales outweighed weaker Southern timber prices.
Project could generate 0.5% of Latvia's GDP and reduce emissions by 6%.
The firm plans to expand mortgage lending, finance affordable units and add 850 home lending advisers.
The homebuilder has contracted for homesites in two Bay County communities, with first-phase development anticipated to begin in 2027.
The company maintains lumber and panel shipment targets while continuing sawmill optimization, production improvements and capacity consolidation.
Framework outlines policy, investment and financing actions to increase demand for small-diameter wood and residual fiber while supporting forest management and rural economies.
Growth in acquisitions and organic volume lifted revenue, while higher transportation costs reduced profitability and the company maintained its 2026 investment plans.
The closure will end production at the Fox Creek facility after weak lumber markets, U.S. softwood lumber duties and tariffs, wildfire-related fibre constraints, and the end of Alberta's mountain pine beetle strategy reduced the mill's long-term viability.
Process Performance Solutions reaches Euro 1.7 billion net sales as Board assesses value creation.
The agreement will increase timber production, wood use, fuel treatments and restoration across priority areas in New Mexico.