In an encouraging move with the potential to create transformative market change, China recently amended its Forest Law to include a nationwide ban on buying, transporting, and/or processing illegally sourced timber, as well as an added focus on traceability.
The co-determination negotiations can result in the reduction of 90 persons at maximum mainly during year 2021 by estimate, and in possible temporary lay-offs and part-time work during 2020. Fabrics Business Unit employs altogether approximately 500 persons in its Tampere operations.
CSS Industries, Inc., a leading consumer products company serving the craft, gift and seasonal markets, today announces that it has entered into a merger agreement under which IG Design Group plc, through a subsidiary, will acquire CSS for $9.40 per share in an all cash transaction valued at approximately $88 million.
Domtar Corporation congratulates three of its board members, Giannella Alvarez, Mary A. Winston and Pamela B. Strobel, on being named to WomenInc. Magazine's list of 2019 Most Influential Corporate Directors.
Metsä Board, part of Metsä Group, is participating in a joint project called SEED, led by VTT Technical Research Centre of Finland, in which forest companies are developing new digital solutions together with companies in the ICT industry.
The Molpus Woodlands Group, LLC, a timberland investment management organization headquartered in Jackson, Mississippi, has on behalf of a client, successfully purchased approximately 14,306 acres of timberland in the Upper Peninsula of Michigan.