Roust Element absorbs 93 employees and roof module operations to strengthen prefabricated wood market position.
Wohnungsbau
New estimates show lumber demand is more sensitive to housing starts than to GDP per capita or prices, and the revised setup produces lower long-run demand.
New construction increases 2.6-fold from February but remains 17% lower year-on-year.
The 15-year fixed rate also moved lower, and both benchmark rates stayed below their year-earlier levels.
Former Metsä Wood executive takes helm as outgoing CEO Marko Saarelainen moves to lead Japanese subsidiary.