Company begins collective consultation citing competitive landscape changes at Boston and King's Lynn sites.
Estrategia
Weak lumber markets and higher U.S. trade costs pressure results, and the company expects early 2026 prices to fluctuate with winter weather and industry-wide lumber production curtailments.
Company says stronger Real Estate results offset weak timber markets, with Southern pulpwood pricing down and Pacific Northwest harvest volumes lower year over year.
West Fraser says lumber duties, OSB and southern yellow pine oversupply, and housing affordability constraints keep wood building products markets pressured. It expects another year of modest demand in 2026 and reiterates lumber and OSB shipment targets.
Multi-unit approvals rise 8.5% from November while single-family falls 6.2%.
Closure of La Tuque machine and Quebec extrusion facility reduces workforce by approximately 90 employees.
Restructuring affects 13 employees as internal transport reduces following upgrades at Vimmerby and Mörlunda sawmills in Sweden.
Production consolidation boosts engineered wood support and establishes Coquille as main specialty plywood site.
Company expects 2026 recovery driven by cost savings and lower wood prices.
Amendment allows up to $120 million in enterprise zone credits and extends zone duration to 20 years for one aviation biofuel manufacturer.
Forestry Innovation Investment appoints global wood markets expert to strengthen B.C. forest product strategy.
Renewable energy development and technology infrastructure are expected to expand non-timber revenue opportunities for timberland owners in 2026.
Investment supports Front End Engineering Design to define project safeguarding 240 direct jobs in Kapuskasing.
Pine seedlings account for 55.8 million units as company phases out styrofoam for sawdust in trays.
New identity will debut on March 25, 2026, reflecting industry's shift from local operations to a worldwide network.
Draft regulation would block forest leases for underperforming firms and raise investment threshold.
A new analysis shows losses from EU Emissions Trading System changes and higher rail and shipping charges, threatening jobs and exports.
Strategic investment targets global microcrystalline cellulose market, valued at $1.33 billion.
Closure impacts up to 150 employees after North American newsprint demand falls 18% in 2025.
Commerce plans to finalize countervailing duty determinations by May 2026, with preliminary duties taking effect after publication in the Federal Register expected by late January.