Saariaho To Start As President & CEO Of Raute Corp. On October 1

Mika Saariaho’s starting date as President and CEO of Raute Corp. has been specified. He will start in the position on October 1, 2022. On May 24, 2022, Raute announced Saariaho’s appointment and that he will assume his position at the latest on November 24, 2022. As announced earlier, Petri Strengell, who has acted as the company’s interim President and CEO since May 1, 2022, will continue in his role as the company’s Chief Operating Officer (COO) and member of the Executive Board when Saariaho takes over the position as President and CEO.

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Weyerhaeuser Enhances Coastal Holdings

Weyerhaeuser Co. entered into two agreements with Forest Investment Associates to divest 69,600 acres in upstate South Carolina for $170 million, and to purchase 60,700 acres of high-quality timberlands in coastal North Carolina, South Carolina and Mississippi for $163 million…

Boise Cascade Curtails Chapman Sawmill

Boise Cascade announced an indefinite curtailment of its lumber production in Chapman, Ala. The curtailment will affect 80 positions. The plywood operations at the Chapman location are not part of the curtailment. Worker Adjustment and Retraining Notification (WARN) Act notification was provided to impacted employees and specifies that operations will cease on January 28, 2024…

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