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 [...]
February 16, 2023
Companies in the timber industry / Latest Trends
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 [...]
February 15, 2023
Companies in the timber industry / Latest Trends
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 [...]
February 14, 2023
Companies in the timber industry / Latest Trends
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 [...]
February 14, 2023
Companies in the timber industry / Latest Trends
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 [...]
January 9, 2023
Companies in the timber industry / Latest Trends / ...Wood-based Panels / South America
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 [...]
January 9, 2023
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / North America
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 [...]
January 5, 2023
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / North America
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 [...]
January 5, 2023
Companies in the timber industry / Latest Trends / ...Forestry / Woodworking Machinery / Europe
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 [...]
January 3, 2023
Companies in the timber industry / Latest Trends / ...Market Analysis / Forestry / Sawmilling / Europe
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 [...]
January 3, 2023
Companies in the timber industry / Latest Trends / ...Wood-based Panels / Europe