Paper & Pulp Mills
Cascades invests $15 million to expand Granby tissue converting capacity Cascades will install a modern tissue converting line with roughly three million cases of annual capacity at its Granby, Quebec plant, a nine-month project slated to start up in Q4 2026 and secure 239 jobs at the site. CEO Hugues Simon said the investment reflects the company's push to adapt "with agility to market realities." Source: Paper Advance
Forestry & Timber
Forest Service signs Montana Tri-Forest sustained-yield plan targeting 350-500 MMBF The U.S. Forest Service chief signed a management plan for the Tri-Forest Federal Sustained-Yield Unit spanning the Beaverhead-Deerlodge, Custer Gallatin and Helena-Lewis and Clark national forests in central Montana. The plan is projected to supply 350-500 million board feet of timber to local processing facilities over its first decade, pairing harvest with restoration work. Source: Woodworking Network
Harvard JCHS: high costs and slumping demand squeeze housing market Harvard's Joint Center for Housing Studies reports that elevated costs and weakening demand are squeezing the housing sector, with affordable units in short supply — a continued headwind for lumber and wood-products consumption. Source: Woodworking Network
Wood Pellets
Louisiana enacts law to grow wood pellet manufacturing Governor Jeff Landry has signed legislation aimed at expanding Louisiana's wood pellet manufacturing sector, following unanimous passage in both chambers of the legislature in May. Source: Biomass Magazine
UK FCA closes Drax sustainability investigation with no action The U.K. Financial Conduct Authority announced its investigation into Drax Group's sustainability claims regarding Canadian biomass sourcing "uncovered no evidence that justifies any further action," closing the probe without enforcement measures. Source: Biomass Magazine