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Katherine Collins and Lori J. Ryerkerk to Join as Newest Board Members

Company says it is facing 'unsustainable financial losses'

The Professional Logging Contractors of the Northeast (PLC) is disappointed by the announcement by Finch Paper, LLC that it will stop making its own pulp and therefore cease buying low-grade wood for that purpose. This is a significant loss for the region's logging and trucking industry with far reaching economic consequences as well as serious negative impacts on the ability to properly manage forest health.

The Finch Paper mill in Glens Falls, NY, a facility which has been buying pulp wood from the region's loggers since 1865, has announced they will stop making their own pulp from local logs and will transition to buying it from suppliers outside the area.

USG, an employer in the area for more than a century, employs 300 people in Oklahoma, according to the Major County Economic Development Corporation (MCEDC).

International Paper, a leader in sustainable packaging, today announced it will close its Carrollton South packaging facility located in Carrolton, Texas by the end of the third quarter of 2026. The decision is part of the company's ongoing work to align its manufacturing footprint with customer demand and strengthen the long-term competitiveness of its North America packaging business.

There are four parts to the project -- forestry modernization, the mill site, a wind farm and hydro generation -- and Pelley said all four are essential and work together.

No civilian or firefighter injuries were reported. The cause of the fire remains under investigation.

Mercer International Inc. reported that its indirectly wholly owned subsidiary Mercer Torgau GmbH & Co. KG is undertaking strategic actions to align its capacity and operations with current market conditions and elevated raw material and energy costs.

Curtailments continue, leaving 175 sidelined.

International Paper has proactively decided to temporarily suspend operations at its Pine Hill, Ala., mill after a weather event damaged a critical roof at the facility. International Paper values the safety of its employees and contractors above all else and took this action out of an abundance of caution.

First Quality Tissue Midwest is constructing a new production facility in Defiance, Ohio. The company plans to make a $985 million capital expenditure and create 407 full-time jobs with an annual payroll of $22.5 million.

Weidmann, a family-owned company based in Switzlerland that manufactures paper insulation materials for the electric transformer industry, plans to locate operations at the former Graphic Packaging International facility.

Nordic Veneer Inc. has announced it will permanently cease production at its facility in Roseburg, Oregon, ending more than 72 years of continuous operation as a family-owned cornerstone of Douglas County's timber industry.

Södra has been a co-owner of SunPine AB since 2008, with the aim of driving the development and market for renewable products based on tall oil, an important part of making more from every tree and thereby increasing the profitability of family forestry.

Rayonier Inc. announced the appointment of Ryan Daniels as Senior Vice President, Wood Products, effective immediately. Mr. Daniels has served as Interim Senior Vice President, Wood Products, since March 20, 2026.

Essity has appointed Andreas Mattsson as the new Chief Legal Officer and member of the company's Executive Management Team. He succeeds Mikael Schmidt who has decided to retire as of December 31, 2026.

The investment covers AI-based analyzers for panel repairing lines at both facilities. The Visual Analyzer R7 enables advanced defect detection and supports more accurate and efficient panel repair operations through AI-based analysis.

Ladies and gentlemen, the first class of inductees to the Paper Industry International Hall of Fame in Appleton, Wisconsin was inducted more than two decades ago in 1995, and today, more than 150 papermaking innovators and legends have been enshrined. This month, we profile Heikki Peltola, who was inducted into the Hall of Fame in 2018.

The PM40 closed Friday, 17 July 2026, at 5275.

Get the latest PM40 updates by listening to the weekly Nips show and the PM40 Daily Show on Pulp & Paper Radio International.

The PM40 closed 17 July 2026 down 0.1% from the 18 July 2025 level.

In this issue of Disconnected Comparisons, we evaluate Boise Cascade and Mativ .

New grade expands customers and markets served across coated and uncoated recycled paperboard applications.

The notice has no immediate effect, and the company has 180 days to regain compliance, which requires at least 10 consecutive business days with a closing bid of $1.00 or more.