Price for lumber exported from Finland to Algeria slid 1.4%.
Lumber
Price for lumber exported from Sweden upped 4%.
Price for lumber exported from the EU to MENA decreased slightly 0.7%.
Price for lumber exported from Finland slipped 4%.
Price for lumber exported from Norway rose 1.5%.
Price for lumber exported from the U.S. to India grew only 0.3%.
Investment expands CCA and CA-C marine capacity across coastal North Carolina and the Tidewater/Virginia Beach market.
Softwood lumber prices remained 5.1% above year-earlier levels, while final-demand producer prices rose 6.4% from a year earlier.
The first operation outside Brazil will use local pine to make finished export goods and will start with 150 employees, rising to more than 400 at full development.
Price for lumber imported to the UK grew 18%.
The rebuilt mill will be capable of producing up to 90 million board feet annually.
The $5.3 million project will add a 30,000-square-foot building, install a thermal-treating kiln and a double-bladed bandsaw, and is expected to boost log purchases and product output.
Restructuring follows profitability decline with 72 employees facing termination or duty changes.
Wood processing, pulp, paper and building material prices stayed below year-earlier levels, while overall industrial producer prices rose on higher raw material and mining costs.
The deal adds a plant with 46 million linear feet capacity and 120 employees.
Exports of southern yellow pine lumber from the U.S. stayed flat.
The expansion is backed by approximately $42 million in CDE investments, unlocking up to $16.5 million in tax credits and increasing employment from 140 to about 220 full-time equivalent positions.
Executive vice president and chief financial officer Alan Haughie plans to retire and will serve in an advisory capacity through February 2027.
Price for softwood lumber imported to the U.S. gained 3%.
Exports of lumber from Canada fell marginally 0.1%.