Rayonier Inc. reported 3Q 2018 net income of $23.4 million, or $0.18 per share, on revenues of $200.9 million. This compares to net income of $24.7 million, or $0.19 per share, on revenues of $184.4 million in the prior year quarter. 3Q 2018 operating income was $46.4 million versus $39.3 million in the prior year[…]
Sappi North America appoints Alexander “Sandy” Taft as director of sustainability. Taft will work cross-functionally within Sappi’s North American operations to drive sustainability strategy and execution. Taft will also work with counterparts in Sappi’s European and South African offices to ensure consistency with global sustainability goals. Taft joins the company from National Grid, a U.K.-headquartered[…]
Södra can now offer Guarantees of Origin (GoOs) for its renewable electricity. The GoOs are recognised by the EU, following the certification of Södra’s Mönsterås pulp mill according to EU standards. “We believe in renewable energy and want to give our customers the opportunity to take advantage of our renewable electricity,” said Henric Dernegård, Energy[…]
Metsä Wood’s new birch plywood mill inaugurated in Pärnu, Estonia. The investment in the birch plywood mill in Pärnu is worth Euro 55 million. Once the mill is operating at full capacity, it will employ around 200 people. For Metsä Wood, the Pärnu mill is a strategically important investment in birch plywood speciality products. The[…]
Resolute Forest Products Inc. reported net income for the quarter ended June 30, 2018, of $72 million, or $0.77 per diluted share, compared to a net loss of $74 million, or $0.82 per share, in the same period in 2017. Sales were $976 million in the quarter, an increase of $118 million from the year-ago[…]
In September 2018 Brazilian exports of wood-based products (except pulp and paper) increased 8.4% in value compared to September 2017, from $248.3 million to $269.1 million, reports ITTO. The value of pine sawnwood exports increased 20% between September 2017 ($41.9 million) and September 2018 ($50.4 million) and the volume of exports increased 17% over the[…]
Boise Cascade Company has completed the sale of its northeast Oregon lumber mills in Pilot Rock and La Grande and the particleboard operations in Island City to Woodgrain Millwork. The sale officially closed on November 2, 2018. Boise Cascade is one of the largest producers of engineered wood products and plywood in North America and[…]
JS-50 prototype turns heads at TP&EE JoeScan gave visitors a glimpse at the future of sawmill scanning during TP&EE in Portland, Oregon. The 3D laser scanning leaders brought a pair of interactive demos to their booth, showcasing a variety of innovations exclusive to their latest JS-50 prototype devices. By leveraging sixteen years of sawmill industry[…]
At JoeScan’s TP&EE booth, a group of sawmill industry leaders gathered to toast Galloway Lumber, the winner of the Longest Running JoeScan contest. This announcement ended the months long search for the longest continually operating JoeScan 3D laser scanner. With champagne and beer glasses held high, marketing manager Brad Michael and JoeScan founder and president[…]
Waratah Forestry Equipment is celebrating 45 years of innovation and serving customers in the forestry industry. The company pioneered mechanized harvesting with first-class products paired with unparalleled customer support. Established in Tokoroa, New Zealand in 1973, the company transitioned to meet local loggers’ heavy-duty delimbing needs creating a delimber-feller-buncher featuring a four-roller fixed head. Following[…]