Companies in the timber industry

Raute to supply automated panel repair line to Pfeifer Group

The Pfeifer Group has invested in the latest panel repair technology from Raute. The R5 automated panel repair station (in [...]

Interfor reports Q4/2022 results

Interfor Corporation recorded a net loss in Q4 2022 of $72.2 million, or $1.40 per share compared to [...]

Lumin invests US$136 million in a new plywood mill in Uruguay

Lumin will invest ~US$ 136 million to build its third industrial plant in Uruguay, which is expected to increase the [...]

Latvijas Finieris receives €39 million loan from EIB

The European Investment Bank (EIB) has provided €39 million in financing to Latvijas Finieris Group for investments in research and [...]

Masisa to abandon all operations in Argentina

Chilean timber company Masisa Wednesday announced it had liquidated all its assets in Argentina to abandon all its operations in [...]

Canfor extends sawmill curtailments in BC

Canfor Corporation will extend sawmill curtailments in British Columbia (B.C.) due to ongoing weak market conditions and the lack [...]

Tolko extends B.C. shutdowns due to weak markets

Tolko Industries has announced that as of January 2, 2023, its Soda Creek and Armstrong Lumber operations in B.C [...]

Hekotek to supply sawmill equipment to Etablissements GAIFFE SARL in France

Hekotek delivered to Etablissements GAIFFE SARL equipment for logs handling with collecting conveyors for sawing residues. The customer is a [...]

Pfeifer to acquire Finnish wood processing company Pölkky

The Austrian Pfeifer Holding GmbH has signed an agreement on acquiring the Finnish wood processing company Pölkky Oy. The [...]

Egger: Demand significantly lower, outlook uncertain

The Egger Group closed the first half of its 2022/2023 financial year (reporting date 31 October 2022) with consolidated [...]