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Community Relief Fund provides immediate payments from $50 million fund.
Weyerhaeuser Company announced that as of this morning a work stoppage involving members of the International Association of Machinists and Aerospace Workers union is impacting its operations in Oregon and Washington. Weyerhaeuser has approximately 1,200 employees who are members of IAM, including employees in the company's Wood Products and Timberlands organizations.
Upon the closing of the transaction, CatchMark common stock will no longer be listed on any public market.
To strengthen its competitiveness and increase efficiency, Essity is today announcing the following changes to its organizational structure and Executive Management Team, valid as of December 31, 2022.
Resolute Forest Products Inc. breaks ground on construction of new planer mill adjacent to Senneterre sawmill in Quebec, Canada. The planer, expected to be functional by the end of this year, will optimize fiber supply, enhance overall efficiency of the sawmill and reduce production costs for Abitibi regional operations.
The transaction is part of Stora Enso's plan to divest four of its five remaining paper production sites as it shifts its focus to packaging.
New corporate headquarters will offer employees a high-performance workspace, inspire creativity and collaboration, and support growth ambition.
Action Wood Solutions, established to purchase the business assets of Action Wood Technologies, Inc. in Michigan, has entered into an asset purchase agreement with the owners of Action Wood Technologies, Inc. The closing of this transaction will be dependent on the Committee on Foreign Investment in the United States (CFIUS) accepting the transaction.
UPM Timber and Lassila & Tikanoja have established a new recycling concept, in which used plastic wrapping is picked up from the customers and recycled into new wrappings. The customers also receive a compensation for the recycling collaboration.
Company plans up to $50 million community restoration fund for impacted residents
Around 6:30 a.m., the department was notified that a funnel disconnected spilling approximately 300 gallons of dry, combustible material. Crews said the funnel had been connected to a silo system that holds a product used to make glossy paper.
Ahlstrom-Munksjö, Metsä Fibre and 3M, with the help of Earthworm Foundation, continue their close collaboration in responsible wood sourcing. This year the partnership concentrates on the Kainuu region, Finland, where the different parties will conduct research on current forestry practices and future practices linked to Kemi Mill expansion in the area.
Stora Enso Oyj said Thursday it has acquired Dutch corrugated packaging producer De Jong Packaging Group in a deal worth around 1.02 billion euros ($1.02 billion).
The company's Crofton mill employs about 585 full-time staff and previously faced a month-long curtailment in March 2020 due to a lack of wood amid a Western Forest Products strike.
In the suit, filed with Tokyo District Court, Nippon Paper Crecia demands that Daio stop making and selling similar products and pay ¥33 million in damages, the subsidiary of Nippon Paper Industries said Tuesday.
Where exactly the fire started remains a mystery.
Product launched with the startup of the machine and patented by the Company is made 100% of eucalyptus and stands out for its sustainability attributes.
Calvert is one of the oldest glulam manufacturers in the U.S. and has more than 60 years of experience producing high quality glulam beams in multiple species, including Douglas fir, southern yellow pine and yellow cedar, for industrial, commercial and residential projects around the world.
Huhtamaki has sold its operations in Russia to Espetina Ltd. Espetina is a holding company owned by Alexander Govor and Iury Kushnerov. The transaction includes four manufacturing units in Russia, employing 724 people. The Siberian businessman Alexander Govor recently bought the McDonald's former restaurants in Russia.
Canfor Corporation is announcing reduced operating schedules effective September 12, 2022 at its Swedish facilities due to a decrease in market demand. The reduced operating schedules will result in a 15% decrease in production capacity and are anticipated to be in effect through the fourth quarter.
Ponderay Industries, LLC plans for a restart of its paper mill located in Usk, Washington and has announced it is in advanced negotiations with key industry partners. Idled since bankruptcy in 2020, the paper mill has been meticulously maintained and preserved by a team of former mill employees.
The Law Court determined Kim Boivin was not entitled to compensation for her PTSD as a result of the 2014 incident.
With a major investment of EUR 40 million in a now operational production asset, Ahlstrom-Munksjö cements its market position, upgrading its production platform in its well-established Beverage & Casing business.
Company employs more than 450 people in north Louisiana.
International Trade Minister Mary Ng says Canada is formally initiating a challenge of "unwarranted and unfair" U.S. duties on Canadian softwood lumber.
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