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German wood industry faces global competition from regions such as South America where timber production costs are up to 50% lower due to advanced cultivation; country's energy costs have also risen 30% in recent years, further affecting competitiveness

Mercer Mass Timber to receive C$7M from British Columbia Manufacturing Jobs Fund to upgrade its Okanagan Falls facilities; funding to support purchase of new manufacturing equipment, completion of upgrades, enhance glulam production, hire former employees

Mercer International calls for balance in sustainability and competitiveness in German wood industry; company emphasizes need for supportive political framework amid EU deforestation regulation's challenges

Mercer receives improved ESG Risk Rating from Sustainalytics, placing it in 20th percentile of 16,215 companies rated worldwide; Mercer ranked in 17th percentile for ESG risk management in paper and pulp subindustry

Mercer Timber Products highlights its contributions to renewable wood and energy transition via its biomass cogeneration plant in Saalburg-Ebersdorf, Germany; facility actively helps to make Thuringia, Germany, a sustainable federal state

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