Global overproduction in man-made cellulosic fibres undermines premium pricing for responsible production.
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New production line to start in 2028 with capacity exceeding 100 million products annually.
50,000-square-foot plant to extract fibers from hesperaloe plant, creating 50 jobs.
Projects in 44 states and Washington, D.C., will expand wood-processing capacity, use forest-management byproducts and reduce wildfire risks.
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.
Residential spending declined from May, while nonresidential private construction rose slightly and public construction remained virtually unchanged.
AI data center growth and power grid modernization drive 30% capacity increase across Alabama and Texas sites.
The company maintains lumber and panel shipment targets while continuing sawmill optimization, production improvements and capacity consolidation.
Growth in acquisitions and organic volume lifted revenue, while higher transportation costs reduced profitability and the company maintained its 2026 investment plans.
The funding will support sawmill expansion, new processing equipment and a new sawmill to increase domestic wood processing capacity and timber production.
New timber processing line and biomass preparation plant replace fossil fuels in lime kilns.
The new debarking and chipping line will process softwood and hardwood logs to increase chipping capacity and produce consistent wood chip quality for pulp and paperboard operations.
Mill closures in the U.S. South reduce fiber demand, while data centers and retail land sales continue to create investment opportunities.
ExtendedLIFE project targets industrial-scale refurbishment and recycling of forest machines.
Projects cover wood exports, biocarbon, cellulose nanocrystals, engineered wood production, sawmilling and Indigenous forest management.
Greenhouse to enable controlled pollination for genetically improved birch seed, opening September 2026.
The machine will include forming-section dewatering, compact dryer geometry and two winders plus automation and lifecycle support, with start-up scheduled for fall 2027.
The final rule applies to loan guarantees for advanced biofuels, renewable chemicals and biobased product facilities.
Additional funding will support production ramp-up at the Huntsville facility, which is scheduled to begin manufacturing this summer and create demand for 100,000 m3 of underutilized wood.