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.
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.
Project modernizes Angel Soft bath tissue production with completion expected in Q2 2028.
The Indian plywood and MDF maker’s plants are running at nearly 98% of capacity.
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 curtailments will cut annual capacity by 500 million square feet of OSB and 225 million board feet of southern yellow pine lumber.
Most of the funding is a repayable contribution under Canada's Regional Tariff Response Initiative.
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 Reidsville factory opened in 2019; the company said it has more manufacturing capacity than it needs and expects stronger growth elsewhere.
The license for the R$27 billion Projeto Natureza does not yet allow construction, which requires a separate installation license.
Slower than expected CLT market growth and rising wood costs pressured profitability; about 80 positions are affected.
The 530 million yuan line can make 20 million square meters of board a year from flue gas gypsum and recycled paper fiber; Taishan Gypsum plans nine more lines.
Two parallel fiberlines to produce fluff, dissolving and bleached pulp grades ahead of startup in 2028.
A new production line at the Macon mill is designed to raise annual capacity and log recovery.
Samples from the Millersburg plant's first production panels are being tested at APA's lab in Tacoma, Washington.
The company's second mill in New Brunswick, in Atholville, will keep operating.
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.
Pulp production preparations begin as wastewater discharge resumes under environmental authority coordination.