New director serves as CEO of Canlak Coatings and brings over 20 years of specialty chemicals experience.
Human resources
Potential temporary layoffs target Packaging and Paper business area and Global Supply unit in first half of 2026.
New leader is a 21-year company veteran as retiring CEO Brad Southern leaves after share price grows fivefold.
New leader assumes role November 3 after serving as Chief Operating Officer since 2017.
Production consolidates on specialty papers after consultation concludes on four machines and finishing unit.
The forest machine manufacturer will adjust production starting in January to prepare for a weakened market.
Tuomas Mäkipeska will succeed the current CFO, Petri Castrén, who will leave the company.
New finance chief joins from Neste as interim CFO Antti Kiljunen oversees transition until February 2026.
New director brings executive experience from Apetit and Stora Enso, while two current members secure re-election.
ABC Supply announceы its newest locations, furthering its commitment to providing enhanced support to area contractors.
152 jobs affected.
Federal government adds $12 million to joint funding aimed at stabilizing operations.
The facility, which produces structural larch plywood, is located in Amursk, Khabarovsk Krai, and is intended to supply both the Russian market and Southeast Asia.
Rachael B. Elliott is a seasoned global operations and innovation executive with more than two decades of leadership experience spanning manufacturing, eCommerce, and supply chain management.
Norske Skog has conducted a thorough review of its entire cost base. Among the measures are downsizing of operational and support functions across all units of the group by up to 200 full time employees during the period from 2025 to 2027.
Sami will step down from ABB’s Executive Committee at the end of 2025 and will continue to support the Robotics business and the carve-out process in 2026 as a strategic advisor.
Heritage Wood Mills investing $925,000 and creating 30 new jobs.
Recognized for his expertise in operations, engineering, and organizational leadership, Ben Brydges is known for building strong teams, driving innovation, and delivering products that set industry benchmarks.
Stephen R. Scherger succeeds Michael Casamento, who after ten years as Amcor’s Chief Financial Officer has decided to return home to Australia to be closer to his family on a full-time basis and will leave the Company as a result.
The closure will lead to a reduction of 93 positions.