Mercer International Inc. Announces 2025 Cost-Saving and Strategic Plans

Published 12 hours agoMERC

Mercer International Inc. Announces 2025 Cost-Saving and Strategic Plans

Mercer International Inc. has unveiled a series of cost-saving initiatives and strategic adjustments set for 2025. A key component of these strategies includes successfully refinancing its senior notes, thereby extending their maturity to 2028 and cutting long-term debt by over $100 million using existing cash resources.

In addition to debt reduction, the company is focusing on improving operational efficiency through optimization projects at the Mercer Spokane facility to lower production expenses. As part of maintenance planning, Mercer is scheduling 21 days of planned downtime at its Celgar mill during the first quarter of 2025. Even though the solid wood segment faces challenges due to high-interest rates, Mercer is committed to strategic investments aimed at future market improvements.

Looking ahead, Mercer plans capital expenditures ranging from $95 million to $120 million in 2024. These investments will prioritize high-return projects such as boosting lumber production capacity at the Torgau facility and optimizing Spokane operations. This approach demonstrates Mercer's emphasis on strengthening financial stability and operational efficiency for the coming year.

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