Rubber and Wood
Canfor anticipates continued uncertainty in North American lumber markets through 2026.
The facility will convert 140,000 green tonnes of forest and sawmill residues annually into 40 million litres of low-carbon fuel oil.
Assessment and cleanup planning will allow the village to acquire the property and return it to productive use.
Looking ahead, UFP Industries anticipates the current market environment will continue in 2026, with overall demand expected to be flat to slightly down in each of its segments based on sales mix.
The company submitted a notice under the federal Work Adjustment and Retraining Notification (WARN) Act
This impairment charge is non-cash in nature and does not affect Canfor’s liquidity position, cash flows or day-to-day operations.
R.P. Lumber first entered Indiana by acquiring both Dye Home Improvement locations in Monticello and Monon in October 2025.
Interfor's lumber production totalled 753 million board feet during the fourth quarter, down year-over-year from 948 million.
Adjusted EBITDA totaled $(79) million, representing negative 7% of sales, compared to $(144) million in the prior quarter.
Fourth-quarter lumber production declined to 94 million board feet from 135 million board feet a year earlier.
The mill in Riddle will focus on veneer.
The value of softwood lumber imports contracts 11% to $3,002 million, while the average import price increases 1% to $206 per m3.
The announced fluff price increase has seen resistance and gains will be slow and partial.
Prices for final demand less foods, energy, and trade services rose 3.5 percent in 2025 following a 3.6-percent advance in 2024.
That week’s price was up +$102, or +28%, from one month ago when it was $368.
The company says it's working closely with local unions and all levels of government to ensure affected employees have access to employment transition supports.
Natchez Inc. also coordinated land acquisition efforts supporting the project’s timely and efficient expansion.
The Charleston plant adds to Hinton's current factories in Houston, Texas, and Tuscaloosa, Alabama.
Much of the office area, mercantile area and lumber area is considered a total loss, according to officials.
The union’s Fight for Forestry Jobs campaign is a vocal call to invest in a sector that can be a sustainable part of Canada’s economic future.
The cause of the fire was under investigation.
The sawmill was temporarily shut down in December 2025 after the U.S. pulled out of trade talks with Canada.
Management said the charge stems from a prolonged industry downturn that required revisions to assumptions used in the annual goodwill impairment test.
Capital expenditures are projected at $300 to $350 million, including projects for plant optimization and maintenance.
Sawmill production has remained largely flat for two years, despite an annual revision showing output 7.5% above 2017 levels and capacity peaking in late 2024, reports Truist.