The US pellet plants have produced a total of 1,727 million tonnes of pellets during the first quarter of 2017, 5.4% more than in the same period last year. According to figures of the U.S. Energy Information Administration (EIA) at the U.S. Department of Energy, production of pellets for the heating market and of industrial[…]
Hiab, part of Cargotec, has appointed Hans Ekman as Vice President, Forestry & Recycling Cranes as of 14 August 2017. He will report to Joakim Andersson, head of Hiab’s Cranes Business Line, and be part of the Cranes Leadership Team. Hans is located in Raisio, Finland. “Hans has worked for Hiab’s Demountables Business Line since[…]
Motion Industries, Inc., a wholly owned subsidiary of Genuine Parts Company, announced today that it has entered into a definitive agreement to acquire Numatic Engineering. Execution of the transaction will occur on August 1, 2017. Founded in 1955, Numatic Engineering has over sixty years of experience selling and supporting automation components. Their vast product offering[…]
Forestry investment manager Global Forest Partners has hired investment bank UBS to sell its pine plantation business in New Zealand. It’s understood Global Forest Partners has asked UBS to commence a sale process for Nelson Forests Ltd, which owns more than 60,000 hectares of pine plantations in New Zealand’s Nelson and Marlborough regions. The business[…]
Increasing lumber exports leads to new technology investment – Signs are good right now for the country’s wood processing industry. Shipments from New Zealand into the US market have in fact gone up 37% over just the past four years and during the first five months of 2017. The US has now overtaken Australia as[…]
Thanks to the great team at Champion Freight we’ve got the latest export market activity update for you in a series of really self-explanatory charts. They have some easy-to-read labels on the charts so they are readily identifiable even when printed in black & white, reports Wood Week http://www.woodweek.com/index.cfm?id=442 For log exports from New Zealand[…]
Sawlog prices in Brazil have gone up over the past 12 months after five years in decline and the expectations are that the recent upward trend will continue for the remainder of the year. Stronger wood product exports from Brazil have resulted in higher demand for logs and increasing sawlog prices during 2016 and early[…]
Vancouver, WA – JoeScan, Inc., a market leader in 3-D laser scanning technology, has announced the appointment of Jason Farmer as vice president of engineering. In his new role, Farmer will manage engineering, oversee product development and contribute to strategic direction. “The market for JoeScan’s products is strong,” says Joey Nelson, president and founder of[…]
Södra is investing just over SEK 100 million ($12.3 million) in the Långasjö sawmill in Sweden and mid-July marks a milestone in the major investment project. This is when the old sawmill from 1982 will be demolished to make way for a new profiling line. A total of 25 people are working with dismantling operations.[…]
Customers and dealers can attend hands-on part and service workshops, live equipment demonstrations, and learn about the product line. Continental Biomass Industries (CBI) is hosting its 2017 Factory Forum in New Hampshire at the CBI factory for three days in early October. The dealer and customer event begins on the evening of October 3 and[…]