Most of the money, C$4 billion, would finance large new mills and biorefineries through a new fund at Export Development Canada.
Stratégie
The door and window maker expects 2026 adjusted EBITDA of $120 million to $150 million as cost cuts offset weaker volumes, and will keep its European business after a strategic review.
Adjusted operating profit fell to SEK 47 million from SEK 69 million as the overhaul of the Finnish business weighed on sales.
A U.S. tariff on Canadian paperboard idled the Temiscaming site in October, and the company pushed the conclusion of its strategic review to the first quarter of 2027.
The two-year project at the uncoated recycled paperboard mill in Virginia starts in early 2027 and keeps output at about 120,000 tons a year during construction.
A judge halted the Forest Service relocation plan in mid-October in a lawsuit by federal employee unions. USDA has appealed and says the stay leaves 25 fire management posts and 10 avalanche center lead jobs unfilled.
The Montreal furniture components producer said it will spend several million dollars on new machinery at the Granite Falls plant.
The mass timber group will move production to three other Austrian sites by year-end, and most of the plant's 40 workers will stay with the company.
Francisco Ruiz-Tagle, who has led CMPC since 2018, will leave on April 30, 2027, and the board has started searching for a successor.
The Finnish maker of plywood and LVL mill equipment, whose third-quarter sales fell 34%, lowered the top of its 2026 forecast for the second time this year.
Minnesota-based Andersen, which bought the window and door maker in 2017, did not disclose terms; the deal is expected to close in December.
The Chilean wood-based panel maker’s revenue rose 5% to $72.3 million; it also plans to concentrate production in Chile.
The company expects its annual electricity costs to rise by at least C$10 million after N.B. Power began selling surplus power outside New Brunswick at market prices.
The plant in the state of Gujarat will have an acrylic-based coating line for self-adhesive label materials.
UPM shareholders will receive one WISA Group share for each UPM share they own.
The change aims to raise value from Holmen's own forest land and secure wood for its mills; no job cuts are planned.
The Swedish forest owners' association has also signed a logistics partnership.
Laminated plywood for construction makes up the bulk of its shipments to the two regions.
The order blocks office closures, staff relocations and the planned move of the agency’s headquarters to Salt Lake City while a lawsuit by federal employee unions proceeds.
The proposed centre will match wood supplies to manufacturers’ requirements and develop a model for other regions.