Projects in Chapleau and other northern communities will modernize mills, expand biomass use and maintain bioenergy operations.
Human resources
The site makes solid-wood interior products for DIY retailers, with Leroy Merlin previously accounting for 92% of its production.
The Swedish company described current business conditions as the worst in 30 years.
The company attributed the insolvency to delays at a new production facility and plans to seek an investor while reducing operations to one shift.
The modeled expansion would also increase the role of lumber suppliers, with dimension lumber the largest intermediate input.
Former CEO Hicham Abel departs; currently Chief Restructuring Officer to lead management board.
Staufer will oversee sales, order processing, production and after-sales, with a focus on international markets and customer service.
The company aims to improve profitability, speed up decision-making and consolidate its Nordic supply chain.
Production to shift to Oulu and Kalajoki sawmills as change negotiations cover 60 employees.
Chris Walton succeeds Interim CEO Steve Zika after 30 years of leadership roles at the company.
Former Finnair and Outokumpu CFO joins Executive Leadership Team by January 2027.
Pulp, Energy and Circularity business area leader leaves after nine-year tenure in executive roles.
Lori Ryerkerk brings energy and chemicals experience; Katherine Collins contributes investment and governance perspective.
The 250 million-board-foot mill will stop production on Oct. 16, while limited activities will continue through January 2027.
Daniels takes the permanent leadership role after serving as interim head of the wood products business since March 2026.
Texas plant closure follows regular network evaluation to strengthen packaging business competitiveness.
The Prince George facility will close in late Q4 2026 and directly affect approximately 300 employees.
Germany-based pallet manufacturer cites global uncertainty and elevated raw material and energy costs.
François David takes on expanded role across communications and public affairs.
Andrew Leighton joins from FWPA with 20 years of senior executive experience across forest products and manufacturing sectors.