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Raute Corporation will initiate change negotiations regarding potential temporary layoffs of up to 90 days across all company locations in Finland, affecting approximately 140 employees. ... [more...]
Canfor reported an operating loss of US$72.5 million and a shareholder net loss of US$72.1 million in the first quarter of 2026 as subdued demand, trade pressures and geopolitical uncertainty continued to weigh on global lumber and pulp markets.... [more...]
China’s exports of woodworking machinery and accessories reached US$2.308 billion in 2025, confirming the country’s position as one of the world’s largest suppliers of equipment and components for the furniture manufacturing sector.... [more...]
The administration has executed a precise tariff swap: Section 122 ruled unlawful and set to expire July 24, while two Section 301 investigations covering the same 60+ economies conclude the same day with permanent remedies. For the wood industry already navigating Section 232 lumber tariffs and Canadian softwood duties, this adds complexity across furniture, panels, flooring, and cabinetry. China and Vietnam face the highest escalation risk, but EU, Malaysian, Indonesian, and Brazilian exporters are firmly in scope.... [more...]
Stora Enso has introduced Bergslagets Skogar as the new name for its Swedish forest asset company, marking a step toward separating the unit into a standalone publicly listed company.... [more...]
Latvian birch plywood producer Stiga RM has expanded its manufacturing operations with two new production investments in Latvia worth a combined EUR 37 million.... [more...]
According to the latest study by Persistence Market Research, the North America wood flooring market size is likely to be valued at US$ 8.0 billion in 2026 and is projected to reach US$ 9.6 billion by 2033... [more...]
March 2026 marked a significant milestone for USA hardwood logs exports, recording a robust increase of 31.3 percent in export value compared to February 2026. The total export value reached $131.4 million, up from $100 million in the previous month, representing an absolute gain of $31.3 million.... [ more...]
China overtakes UK as top buyer while Egypt and US register triple-digit growth as February data shows 37% decline primarily driven by incomplete Western European reporting... [ more...]
Freight costs have doubled. Arabian Gulf shipments have stopped for months. Yet demand has not disappeared. Five industry leaders share their ground-level view on what is happening and what comes next.... [ more...]
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