The Montreal furniture components producer said it will spend several million dollars on new machinery at the Granite Falls plant.
M&A
Francisco Ruiz-Tagle, who has led CMPC since 2018, will leave on April 30, 2027, and the board has started searching for a successor.
Minnesota-based Andersen, which bought the window and door maker in 2017, did not disclose terms; the deal is expected to close in December.
Lower housing starts reduced organic sales and gross profit; the company expects $60 million to $70 million in productivity savings in 2026.
The U.S. maker of pallets, decking and building components kept its 2026 outlook unchanged.
Smurfit Westrock expects price increases to more than offset freight and energy costs, with full benefits into 2027.
Record group sales lifted results, while inflation, tariffs and Mineral Fiber mix pressured margins; Armstrong expects 2026 adjusted EBITDA of $602 million to $612 million.
The deal adds about $55 million in annual sales and 165 employees to UFP Packaging's PalletOne network on the Gulf Coast; closing is expected around Nov. 16.
The roughly 60,000 hectares of mainly radiata pine plantations in the Maule region make up almost 5% of CMPC's forestland.
Beazer shareholders received $33.50 a share in cash.
R.P. Lumber plans expanded outside sales presence and continued investment in Green River market
HCR runs a sawmill in Wenzenbach, Bavaria, and specializes in garden and packaging wood.
The machinery supplier will manufacture the systems in-house, while Electronic Wood Systems will remain the contact for its direct customers.
The acquisition aims to improve local availability of edging products from plants in Turkey and Germany.
Local managers, unionized workers and First Nations aim to restart production after the October shutdown.
The companies plan to propose remedies other than divestments as they seek European Commission approval.
The acquisition adds bandsaw, circular saw, industrial knife and saw-shop operations in New Zealand and Australia.
The SEK 235 million property comprises contiguous forest land south of Storsjö Chapel in Härjedalen.
Santiago paper machine produces 250,000 tons annually, integrates recycled paper across Argentina, Peru, and Ecuador.
Acquisition includes transport fleet; Lenocart collects 10,000 tonnes of recycled wood annually.