CatchMark Agrees to $43.3 Million acquisition of 14,923 acres of prime timberlands near Southeast Georgia Coast | 25 Oct 2017
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CatchMark Agrees to $43.3 Million acquisition of 14,923 acres of prime timberlands near Southeast Georgia Coast | 25 Oct 2017
October 25, 2017

CatchMark Timber Trust, Inc. (NYSE: CTT) announced this month an agreement to acquire 14,923 acres of prime timberlands near the southeast coast of Georgia for $43.3 million, excluding closing costs. The to-be-acquired timberlands in Long and McIntosh counties, the Coastal Georgia Acquisition, will expand CatchMark’s positioning in one of the most competitive wood baskets of[…]

Schweighofer Group focuses on its core business and sells its subsidiary Schweighofer Fiber GmbH to TowerBrook Capital Partners | 20 Oct 2017
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Schweighofer Group focuses on its core business and sells its subsidiary Schweighofer Fiber GmbH to TowerBrook Capital Partners | 20 Oct 2017
October 20, 2017

TowerBrook plans future investments to further expand the mill’s capacities Jörg Harbring continues as Managing Director – the ownership change will not affect the employees In 2011 Schweighofer Group acquired unprofitable pulp mill in Hallein – invested more than EUR 60 million, thus securing 250 jobs and creating a profitable company with future growth potential[…]

One million trees to be planted on forest lands with regeneration difficulties | 20 Oct 2017
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One million trees to be planted on forest lands with regeneration difficulties | 20 Oct 2017
October 20, 2017

A multiannual project developed by the Association of Forest Administrators (AFA) and the “Ștefan cel Mare” University of Suceava with the support of Holzindustrie Schweighofer: •7 years of planting and aftercare (from 2017 to 2024) •One million trees to be planted •Over one million euros invested •The first planting operation will take place in November[…]

Drones, IT and 3-D images to assist Komatsu | 20 Oct 2017
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Drones, IT and 3-D images to assist Komatsu | 20 Oct 2017
October 20, 2017

Building machinery maker Komatsu will bring its “smart” construction know-how into forestry operations, harnessing both drones and information and communication technology-equipped logging machines to improve efficiency by about 10 times. Verification testing on the so-called “smart forestry” concept has recently started in central Japanese prefecture of Ishikawa. Images of a forest taken in 3-D by[…]