In response to the Covid-19 pandemic, the Carrier Group of Companies have made decision to temporarily suspend operations at itsTabor Planer in Prince George, and the entire operation in Big River, Saskatchewan.
Coronavirus
PotlatchDeltic Corporation announced plans to temporarily halt production at its St. Maries, Idaho industrial plywood facility as a result of the impact of the COVID-19 pandemic on plywood markets. Starting April 20, 2020 the St. Maries, Idaho plywood facility will halt production for two weeks and curtailments may be ...
This decision was made by the Board of Directors of Cepra, the operating arm of Acimall, the Italian woodworking technology association, that is the owner of the exhibition.
HNI Corporation is providing an update related to the ongoing COVID-19 pandemic crisis. At the end of the 1Q 2020, the Corporation had $233 million in total debt, representing a gross leverage ratio of 1.0x as calculated under the Corporation’s lending agreements, which is well below the 3.5x gross leverage covenant in...
Medite Smartply has recently adopted and implemented several measures throughout the business to observe and follow the guidance offered to us by the local public health authorities.
Plyterra resumes production at its plywood mill in the Republic of Mordovia in Russia.Plyterra, JSC was included in list as a company that significantly influences the socio-economic stability of the region and the population employment.
Canfor Corporation is undertaking additional temporary reductions in production capacity due to the impact of COVID-19 on the price of lumber and demand. Effective April 13, Canadian lumber production will be curtailed by approximately 100 million board feet through to May 1, resulting in a total production run rate of...
BlueLinx Holdings Inc. has developed plans designed to reduce its cost structure, strengthen its balance sheet, and further increase liquidity in response to the COVID-19 pandemic.
Softwood lumber price in China decreased 13.5% to $161 per cubic meter in January-February 2020.
Effective April 6, West Fraser will further reduce its SPF production by 30 to 40 million board feet of production per week which represents between 45 and 60% of SPF production. Effective April 6, plywood production at West Fraser’s three manufacturing sites will be further adjusted on an ongoing basis.
Boise Cascade’s Wood Products division has implemented changes to reduce the volume of plywood and engineered wood products (EWP) it will produce in the coming weeks. The company is planning reductions in plywood production of 25-35% and in EWP volumes of 20-40% depending on location, in comparison to 1Q levels.
Bergs Timber has agreed with the trade unions to start short-term work at the Orrefors sawmill in Sweden after Easter. At the sawmills in Mörlunda and Vimmerby some adaptation of work shifts have been carried out and temporary workers have been terminated. In the short term, the production volume at the sawmills will b...
Effective Sunday, April 5th, 2020, all of Sinclar Group’s lumber manufacturing operations in British Columbia, Canada will be curtailed, including Lakeland Mills in Prince George, Nechako Lumber in Vanderhoof and Apollo Forest Products in Fort St. James, for a period of three weeks. Inventory will continue to ship from...
Husqvarna Group has introduced a short-time working program for employees in Sweden. The program covers approximately 900 employees and includes temporarily reduced working hours by 20%. Production is continuing at all Husqvarna Group plants in Sweden.
In response, effective April 6, 2020, Conifex Timber Inc. will temporarily curtail operations at its Mackenzie, British Columbia, Canada sawmill for two weeks. The curtailment is not expected to have any adverse consequence on its bioenergy operations.
James Latham has already begun implementing a phased process of temporary closures across its depots with the announcement of the closure of its Scotland depot on 25th March.This process will continue with the temporary closure of Abbey Woods, Dresser Mouldings, Gateshead and Dudley on 1st April.
Logset to close production for April 2020 due Corona virus pandemic. The entire production staff will be laid off in April. Most of other Logset personnel will also be laid off or work limited hours in April.
Due to lower short-term demand for oriented strand board (OSB), Louisiana-Pacific Corporation to reduce production by at least 100 million square feet in April. This reduction of almost a third of total OSB capacity is done through a combination of curtailments and reduced schedules.
For the month of April, Weyerhaeuser expects to reduce operating capacity by approximately 20% for lumber, 15% for oriented strand board, and 15% to 25% for engineered wood products through a combination of temporary mill curtailments and reduced shift postures.
Holmen's Board of Directors has decided to postpone the Annual General Meeting (AGM), which was planned to be held on March 30, 2020 in Stockholm, Sweden. Holmen will invite to the AGM no later than four weeks before the new date. The meeting will be held no later than June 30, in accordance with applicable legislatio...