The Montreal furniture components producer said it will spend several million dollars on new machinery at the Granite Falls plant.
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The largest grant, $7.7 million, will expand pallet production from low-grade wood as the state tries to shore up demand for timber from its private forests.
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.
Project modernizes Angel Soft bath tissue production with completion expected in Q2 2028.
Investment in wood processing fell 19% and in pulp and paper 31.9%, while manufacturing as a whole was nearly flat.
The Indian plywood and MDF maker’s plants are running at nearly 98% of capacity.
Capacity closures improved the paperboard supply balance and prices; company expects pulp market conditions to improve toward year-end.
The plant in the state of Gujarat will have an acrylic-based coating line for self-adhesive label materials.
The second phase covers the sawmill and log yard and is due in the fourth quarter of 2026; output is set to reach about 220 million board feet a year.
The license for the R$27 billion Projeto Natureza does not yet allow construction, which requires a separate installation license.
Mass timber makers would get a 10% credit and research spending a 20% credit; the bill now goes to the House Ways and Means Committee.
Variable costs fell by SEK 51 million, mainly as pulpwood prices declined, while CTMP production increased; full-year investments are expected to total about SEK 60 million.
A new production line at the Macon mill is designed to raise annual capacity and log recovery.
New-home prices fell 2.7% from a year earlier.
The facility has an annual capacity of 220,000 tonnes and represents an investment of Euro 1.37 billion.
A second phase is planned to increase annual production capacity to 100,000 m3 within six months.
The proposed centre will match wood supplies to manufacturers’ requirements and develop a model for other regions.
Training and testing are underway on sellable roof truss production runs at the new 42,000-square-foot automation facility.
The projects will modernize the Los Ángeles remanufacturing plant and increase annual capacity at the Mulchén sawmill.