Due to the impact of the COVID-19 virus in the UK and the recent country-wide stay-at-home order, Masonite International Corporation decided to temporarily close all of Masonite’s UK facilities.
Coronavirus
Following the Prime Minister’s update, James Donaldson Group closed all its UK branches and sites from March, 24.
Jeld-Wen believes it has a strong balance sheet, ample liquidity and solid financial flexibility with no significant long-term debt maturities until 2024. Out of an abundance of caution, Jeld-Wen recently enhanced its cash position by drawing down $100 million on its existing Asset Based Revolving Credit Facility.
Due to the closure of suppliers of critical components, Komatsu Forest will temporarily shut down its production of forest machinery at its factory in Umeå, Sweden. The company agreed with IF Metall on short-term work from April,13 through June, 21 for employees in production.
The COVID-19 outbreak has negatively impacted global demand for forest products and disrupted supply chain networks. As a result, Canfor Corporation has implemented the following changes to its operating schedule. Effective March 30, Canadian lumber production will be curtailed by approximately 70 million board feet, o...
BSW Timber has now suspended primary production across all of its sites. The company will instead be focusing solely on providing a balance of products to help aid the essential pallet and packaging industry, which is facing an unprecedented demand.
Stella-Jones Inc. provided an update on its North American operations in the face of the Covid-19 pandemic and orders issued by Canadian provincial and U.S. state authorities. Stella-Jones plans to continue operations at all of its North America treating facilities and supporting distribution networks while being mindf...
In response to the continuing COVID-19 pandemic West Fraser is taking additional steps to respond to changing operating and market conditions. Effective March 30, lumber production at all British Columbia, Canada, sawmills will be curtailed for one week. Effective March 30, plywood production at the company’s Alberta P...
With the re-opening of the East Greenville facility, company's primary North America manufacturing facilities will all be operational.
To support certified entities and certification bodies during the COVID-19 challenge, Programme for the Endorsement of Forest Certification (PEFC) has extended the transition period for its three revised international standards by six months. The transition date is now 14 February 2022.
Rayonier Advanced Materials Inc. announced curtailed production at seven Canadian locations. Starting this week, the company will cease or reduce operations at all softwood sawmills located in Ontario and Quebec as well as halt production at the company’s newsprint plant in Kapuskasing, Ontario.
NorSask will be transitioning, on a temporary basis, to single-shift production by early April 2020. As soon as April 2020, NorSask cannot continue producing large amounts of lumber that it cannot sell into the United States housing market.
Resolute Forest Products Inc. provided an update on the impact of the COVID-19 situation to its business. The company will adjust capacity dynamically based on the conditions and rapid evolution of the situation, but most of the capacity reduction is expected to come from the wood products and paper segments.
Production at Steico Group's French plant will be temporarily suspended due to local restrictions. The plant is initially scheduled to close through to 5 April. Production at the Polish plants, which contribute to more than 90% of the Group’s added value, has not been affected to date.
In light of communication from the UK Government regarding the coronavirus (Covid-19), Nobia has decided to temporarily close all of its Magnet kitchen stores in the UK.
Based on the development of the coronavirus situation and the announcements by the Finnish Government, Stora Enso has decided to cancel its Annual General Meeting on 19 March 2020.
Due to the spread of coronavirus in Germany, Homag Group AG will not hold its annual general meeting as scheduled on May 7, 2020. The company is following a directive passed by the state government of Baden-Württemberg, which prohibits all meetings and other events, initially until June 15, 2020.
Based on the Italian government’s March 21 decision to shut all nonessential factories to attempt to halt the coronavirus outbreak, Knoll, Inc. has suspended production at its two factories in Italy.
Pinnacle Renewable Energy ("Pinnacle") is responding in order to minimize the risks from the COVID-19 health threat to its employees, stakeholders, and communities in which it operates. CEO Rob McCurdy, having previously announced his retirement effective May 5, 2020, is now committed to remain with Pinnacle through th...
Western Forest Products Inc. announced that effective March 23, 2020 it will curtail its manufacturing facilities currently operating in British Columbia, Canada, due to the evolving COVID-19 pandemic and its impact on operating conditions. The planned curtailment is scheduled for up to one-week.