Tolko informed some employees at its Williams Lake, BC, locations that they would be temporarily laid off, the Comox Valley Record reported.
Wood Markets News
Demand in the Construction Labor Market Continues to Weaken in October
The count of open construction sector jobs trended lower, the BLS and NAHB reported.
Kronospan Opens New OSB Production Line in Ukraine
Kronospan has launched a new OSB production line in the Rivne region.
US Job Openings and Labor Turnover Summary for October
As of the last business day in October, the number of job openings was 7.7 million. Year-over-year, the measure was down 941,000.
US Private Residential Spending Rises 1.5% in October
Private residential construction spending increased 1.5% in October, the Census Bureau and NAHB reported.
US Construction Spending Increases 0.4% in October
Total construction spending during October was estimated at a seasonally adjusted rate of $2,174.0 billion, 0.4% above the revised September estimate.
Greystar Debuts Its First Modular US Apartment Project in Coraopolis, PA
Greystar is preparing to open its first multifamily project built with modular structural pieces completed in its Pennsylvania-based factory, CoStar News reported.
Carbon RX Announces Partnership With the Pimicikamak Cree Nation
Carbon RX is partnering with the Pimicikamak Cree Nation to assist in forest management and preservation of 3 million acres of First Nation lands in Manitoba.
UPM Fibres Completes Change Negotiations in Finland
UPM Fibres has completed its change negotiations in the Fibres Finland Operations organization, including the UPM Pulp, UPM Timber, and UPM Forest organizations.
Brazilian Exports of Wood-Based Products Increase Year-Over-Year in October
Brazilian exports of wood-based products (except pulp and paper) in October increased 20.0% in value compared to October 2023, the ITTO reported.