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Maine announces nearly US$6.5M in grant awards to support upgrades to the electrical grid for Maine businesses; Maine Plywood among recipients, will use its grant to integrate power generation capacity in its new production facility in Bingham

Metsä Group plans to integrate maintenance operations of its plywood and Kerto LVL mills to its own organization as part of Metsa Wood; maintenance is currently outsourced to the industrial maintenance company Quant

Japanese-Finnish designer Yuka Takahashi unveils minimalist chair using UPM Grada material, highlighting its strength and portability; the designer is also exploring UPM Grada's potential in architecture due to its malleability and natural texture

UPM Plywood cuts GHG emissions in log handling operations 70% through biofuels and lighter, energy-efficient machinery; mills in Pellos and Savonlinna, Finland, now use renewable diesel, with same criteria applying to upcoming bids at other plywood mills

US Bureau of Labor Statistics reports continued fall in lumber prices, with softwood lumber down by 14.6% compared to previous year, as PPI for final demand also drops; prices of plywood, millwork, hardwood lumber down 3.8%, 3.4% and 0.2%, respectively

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