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Recent Articles

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Mattress maker Serta Simmons files for Chapter 11 bankruptcy as it seeks to cut its debt to US$300M from US$1.9B; move marks Serta’s second restructuring in less than three years, as company has struggled under pandemic-related, inflationary pressures

Mayor of Houston, British Columbia, calls for calm after news Canfor will close sawmill, says 'we've had practice at this'; in 2014, a timber swap between Canfor and West Fraser led to closure of West Fraser's Houston mill and Canfor's Quesnel mill

Stora Enso changes segment reporting amid ongoing reorganization of paper division, which was discontinued Jan. 1 and will not be reported separately going forward; retained Langerbrugge, Anjala sites will be reported under packaging materials division

JELD-WEN HOLDING, INC. FILES (8-K) Disclosing Costs Associated with Exit or Disposal Activities

Canfor's restructuring to create 'more sustainable operating footprint' in British Columbia will affect almost 500 workers; Chetwynd mill to close for good, Houston to close to build new mill, with no word on how many of its 333 workers could be laid off

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