Restructuring follows profitability decline with 72 employees facing termination or duty changes.
Madera aserrada
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%.
Exports of lumber from the U.S. to Mexico downed 1.5%.
Exports of lumber from Sweden to the U.S. decreased slightly 0.8%.
Exports of softwood lumber from Canada to the U.S. declined only 0.4%.
Price for lumber exported from Germany gained 4%.
Western species mix shows no weekly change while sitting $1 below June 2025 levels.
Compared with the previous month, production was up 9%.
The plan sets four pillars — secure competitive wood fibre, invest in modernization and innovation, expand domestic and international markets, and support workers and communities, and will feed into a formal Forest Sector Strategy by the end of 2026.
Government weighs rent freeze through 2028 and bankruptcy moratorium for forest-sector firms.
Cedar and Spruce/Fir stud lumber rose year-on-year while cypress fell and softwood plywood held steady.
The proposal keeps an exemption process and sets July deadlines, while the determination cites illegal logging and timber laundering as factors that distort wood-product pricing.
Price for lumber exported from Brazil gained 1.8%.
Price for lumber exported from Chile decreased 9%.