No alternative bids were received from 15 potential buyers contacted before the January 19 deadline, confirming Canfor Corporation’s planned purchase of remaining shares.
उत्पादन क्षमता
The group will collect input from provinces, industry, Indigenous organizations, and labour representatives before submitting recommendations to the Minister of Energy and Natural Resources.
New capability aims to enhance fiber utilization and add value to lower-grade timber.
$11.5 million capital investment will create 154 new jobs and support Virginia’s forestry industry.
Shutdown cuts 25 jobs as Domtar slashes North American lumber output by 150 million board feet.
Company sells UK brands to Alteri Partners.
The 5.6-meter-wide tissue machine will add 65 thousand tons of annual capacity and enhance energy and water efficiency across production.
Plywood production capacity to increase from 65,000 m3 to 85,000 m3 by 2027 following Euro 12 million first phase.
State agency offers $200,000 in tax credits as new converting line enables premium product lines and increased capacity.
Industry study finds hardwood cross-laminated timber up to three times stronger than pine but faces barriers in cost, grading, and infrastructure.
Lumber shipments fall 9.3% from October 2024 as capacity utilization decreases to 73.3%.
Modernization targets maximized lumber yield and grade recovery through AI-powered defect detection.
Targets efficient lime recausticizing with optimized energy consumption and operational costs.
Investment replaces fossil fuels with bioenergy, reducing annual CO2 output by 113,000 tonnes.
Facilities represent hundreds of millions in investment and potential for 300 jobs, converting wildfire-damaged wood to clean energy.
The Florida-based acquisition adds Mill-Rite’s architectural millwork and casework capacity to Adams Group’s vertically integrated production network.
Agreement enters into force on December 31, 2025 after regulatory approvals and includes reciprocal wood supply and ownership changes.
Holstein facility expansion is the largest in company's history and enhances production capacity for architectural wood doors.
North American mills face tariffs and closures, Europe postpones new deforestation rules, and Russia’s forest sector enters a structural crisis.
The facility will install a new measuring frame and advanced systems to improve log measurement and sorting efficiency by summer 2026.