Homag reports 13% drop in sales in 2020 due to corona pandemic
The Homag Group closed the 2020 financial year with a considerable drop in sales due to the challenges [...]
March 3, 2021
Companies & Industry Events / Latest Trends / ...Market Analysis / Woodworking Machinery / Europe
Nordic forestry giants feel the impact of Covid-19 on 2020 results
Forestry giants in Northern Europe, Stora Enso, UPM and SCA, have felt the impact of the [...]
February 15, 2021
Companies & Industry Events / Latest Trends / ...Market Analysis / Forestry / Pulp & Paper / Sawmilling / Wood Construction / Wood-based Panels / Europe
Interfor eyes growth by acquisition
The CEO of Interfor Corp. says profits from strong lumber markets mean the company is well-positioned to add to [...]
February 15, 2021
Companies & Industry Events / Latest Trends / ...Forestry / Industry Prices / Sawmilling / Wood Construction / North America
HOMAG Group sees signs of recovery in Q3/2020
In the third quarter of 2020, the HOMAG Group recorded a significant improvement in order intake [...]
November 20, 2020
Companies & Industry Events / Latest Trends / ...Woodworking Machinery / Europe
Sharp fall for UPM’s profits in Q3/2020
Finnish forestry product giant UPM reported a larger than anticipated drop in profits in its third quarter. [...]
November 6, 2020
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Setra plans to ramp up production to meet strong demand in global markets
Swedish sawmilling group Setra plans to fully ramp up production during the autumn in response to [...]
October 28, 2020
Companies & Industry Events / Latest Trends / ...Sawmilling / Wood Construction / Europe
EGGER invested EUR 300 million in the first half of the year
The EGGER Group, with headquarters in St. Johann in Tirol, Austria, has completed the first half [...]
August 18, 2020
Companies & Industry Events / Latest Trends / ...Market Analysis / Wood-based Panels / Europe
Canfor improves earnings in Q2
For the 2Q 2020, Canfor Corporation reported operating income of $96.9 million, $185.7 million higher than the operating [...]
August 13, 2020
Companies & Industry Events / Latest Trends / ...Forestry / Pulp & Paper / Sawmilling / Wood Construction / North America
UPM profit falls sharply in Q2/2020
Finnish forestry giant UPM reported a smaller-than-expected fall in quarterly profits, saying lockdowns hit paper demand and prices [...]
August 13, 2020
Companies & Industry Events / Latest Trends / ...Market Analysis / Forestry / Pulp & Paper / Sawmilling / Europe
Arauco’s sales down 18.8% in Q1/2020
Arauco, one of the largest global forest companies, reported sales revenues of USD 1,127.2 [...]
May 28, 2020
Companies & Industry Events / Latest Trends / ...Forestry / Sawmilling / Wood-based Panels / North America / South America