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The shareholder, which owns about 3% of Rayonier, sent a letter to the board Wednesday arguing that the company's assets were worth a lot but weren't being managed well.
The UPM Kaukas pulp mill will be temporarily shut down as of August 3, 2026 for approximately six weeks. In addition, a potential temporary shutdown of the UPM Pietarsaari pulp mill is being planned for October.
The installation of the new equipment, a $15 M investment, will take place over a period of 9 months. This builds on a $14 M investment made in recent years, for a total investment of $29 M.
Stora Enso strengthens its focus on specialised pulp grades by investing EUR 19 million in fluff pulp production increase at its Skutskär production unit in Sweden. This investment will cater to the growing consumer demand for hygiene products. As a result of the ongoing change negotiations, the company has also decided to permanently close softwood pulp production on fiberline 3 (L3).
Initiative brings together national and international expertise for the collaborative construction of a strategic tool aimed at the conservation of biodiversity and the sustainable use of the territory
Sale by Tiger and partner Can-Am Machinery features pulping, drying, baling and other assets from a fiber-processing and pulp-production plant in Chesapeake, Virginia.
B.C. timber giant penalized over 'high-risk' safety failures leading up to a worker getting trapped and killed under falling wood fibre inside a silo.
Following a strategic portfolio review of its manufacturing technologies, products, and markets served, Magnera initiated an evaluation of strategic alternatives for its Caerphilly business that produces metallized paper for various end market applications, including premium labels, gift wrap and food packaging. The evaluation initiated a sale process for the operations, resulting in an agreement with the Polyart Group to purchase 100% of the shares of the Caerphilly business.
This past week, the Japanese-owned company confirmed that some shipping activities had resumed, and a union spokesperson said a number of workers were back at the mill, with the remainder ready and available to come back when they're called."
"We are excited to expand our operations in Texas. The growth of our Rockwall box plant will bring advanced technology and increased capacity directly to our customers, while complementing our existing manufacturing, recycling and transportation network across the state and region," said Pratt Industries Executive Chairman Anthony Pratt. "This expansion further drives our commitment to investing in recycling, sustainability, and American manufacturing jobs."
Acquisition includes approximately 90,000-acre U.S. timberland portfolio
The employee was wearing protective gear and was not seriously injured. Labor and Industries classified the event as a "near miss" and a serious accident.
Rayonier Inc. has signed a lease to occupy 36,000 square feet at Terminus 100, a mixed-use tower in Atlanta's Buckhead district. Set to open in 2027, Rayonier's office will serve as the company's new headquarters following the closing of its merger with PotlatchDeltic Corp., a forest products manufacturer based in Spokane, Wash. Rayonier plans to keep an office presence in Spokane and Wildlight, Fla., following its corporate relocation to Atlanta.
Arriving at the mill, crews found the man had "moderate" injuries after falling into the pit, placed him in a rescue basket, then lifted him to safety.
According to the coroner's office, eight victims died from alkaline chemical burns. One victim, 48-year-old Robert Wilson of Clatskanie, Ore., died from alkaline chemical burns and blunt force injuries. Another victim, 38-year-old Braydon Finkas of Cathlamet, Wash., died from alkaline chemical burns and asphyxia due to aspiration of a foreign object.
Kasie Malcolm and Allen Hornberger died after a Jan. 27 gas leak at the Woodland Pulp mill.
The CAD$210 million facility adds important wallboard capacity in Western Canada and strengthens USG's broader North American manufacturing network.
The measures will lead to the termination of employment or a change in duties for 72 people./p>
Located in Calgary, AB, PinkWood has 120 employees, with production capacity of 46 million linear feet.
Irving Forest Products will modernize and expand its Ashland sawmill in Nashville Plantation, doubling annual lumber production capacity from 130 million to 250 million board feet and increasing employment from the equivalent of 140 full-time positions to approximately 220.
Employees at the Nippon Dynawave paper mill in Longview raised concerns about equipment maintenance years before a chemical tank rupture that killed 11 people and injured seven others.
A freeway procession was held Saturday, June 6, to return the Longview paper mill victims to their homes from King County.
At the Cosmo Specialty Fibers site in Cosmopolis, regulators have repeatedly warned of growing dangers, including the potential for a "catastrophic release," which could threaten those on the site, the environment and public health.
Sofidel will construct a new building to house the 75,000 tons-per-year Valmet Through-Air-Drying (TAD) tissue machine and install converting lines with matching capacity to produce finished goods.
The paper mill employs 550 people. It's unclear how many employees are unable to work but will be compensated.
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