The Montreal furniture components producer said it will spend several million dollars on new machinery at the Granite Falls plant.
Kayu lapis
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.
Price for plywood imported to Japan grew only 0.2%.
The timber giant's latest land sale, at about $1,800 an acre, comes as third-quarter profit fell 24% and it braces for a softer fourth quarter in wood products.
The Indian plywood and MDF maker’s plants are running at nearly 98% of capacity.
Compared with the previous month, production was down 5%.
UPM shareholders will receive one WISA Group share for each UPM share they own.
Company expects lower deliveries and higher variable costs in the second half; production at its Leuna biorefinery to start in Q2 2027.
Profits across all industrial enterprises rose 15.5% over the same period.
Annual growth outpaced that of Brazil overall industrial producer prices by 0.7 percentage points.
A final rule signed on Thursday lets mills use a newer small-chamber method for routine quality-control testing and updates six other test standards.
Compared with the previous month, production was up 2.4%.
The changes take effect October 30; new 50% duties also cover hardboard, wood moldings, wooden boxes and kraft paper.
Prices fell 4.1% from August but remained up 11.5% from a year earlier; Canada's broader factory-gate prices were up 14.5% year over year.
Price for plywood exported from Chinese increased slightly 0.6%.
Price for plywood imported to the EU dipped 1.9%.
Laminated plywood for construction makes up the bulk of its shipments to the two regions.
Prices were 20.6% higher than a year earlier.
Vietnam remained South Korea’s largest supplier as its share fell 7.6 pp; China’s shipments rose 25% and Vietnam’s fell 25%
A second phase is planned to increase annual production capacity to 100,000 m3 within six months.