Citing reduced packaging demand, International Paper announced it is closing four eastern US plants. In related news: Sylvamo upgrades two South Carolina paper mills; Kruger diversifies its Wayagamack, Quebec paper mill; San Group owners speak to their company’s downfall; and Interfor and Western Forest Products report Q4 losses. Meanwhile: Trump’s tariffs put upward pressure on lumber and housing prices; and HBS Dealer readers comment on whether the tariffs are needed.
In other news: Trump’s downsizing push reduces wildfire mitigation monies—eliminates 3,400 US Forest Service jobs; Canada and New Brunswick invest in wildfire equipment; Parks Canada ramps up plans for wildfire mitigation; Alabama bills would allow heavier truck traffic; and Boston University unveils design for new tall timber tower.
Finally, we’re gearing up to make improvements to the Tree Frog News. Last call to tell us what you think by completing our short survey!
Kelly McCloskey, Tree Frog News