GP Transitions Leadership Role
Christian Fischer, Georgia-Pacific president and CEO, announced in July he is retiring from the company at the end of October and will work to transition his responsibilities. He joined GP in 1989 and has held numerous leadership roles. He was named president and CEO in 2017.
Mark Luetters, currently executive vice president of Koch, Inc., overseeing several Koch companies, including Georgia-Pacific, will continue in that role while serving as GP’s president and CEO. Luetters says GP plans to name a new president and CEO during 2026. He joined Koch in 1989 and Georgia-Pacific in 2006 and, among other roles, was executive vice president of GP Building Products for nine years prior to returning to a role in another Koch company in 2018.
Latest News
Coalition Supports Duty Upgrade
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Canfor Plans New BC Sawmill
Canfor Corp. stated that to better align manufacturing capacity in British Columbia with the available long-term fiber supply, it is restructuring its BC operations by permanently closing its Chetwynd sawmill and pellet plant and temporarily closing its Houston sawmill for an extended period to facilitate…
U.S. Housing Starts Were Soft In January
U.S. housing starts began the new year ticking downward 4.5% in January from December to a seasonally adjusted rate of 1.309 million starts. Single-family starts came in at a rate of 841,000 in January, down 4.3%, while multi-family (five units or more) were at 457,000, down 5.4% from December…
Lumber Among Three Big Input Reductions
Softwood lumber is one of the three largest construction input cost reductions year-over-year from December 2021 to December 2022, according to a recent ConstructionDive market report. Citing Producer Price Index data from December 2022, the report noted that overall…
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