Achieving yet another manufacturing milestone, John Deere commemorated the production of its 5,000th forestry swing machine, a 2656G Log Loader, with a special ceremony at the John Deere-Hitachi Specialty Products (DHSP) factory. Held on the morning of Jan. 31, John Deere invited the customer who purchased the milestone unit, Bighorn Logging, for a unique presentation[…]
China market update – The combined effect of strict environmental inspection, the trade friction between China and the United States and the volatility of RMB exchange rate coupled with declining domestic demand is having a big impact on the level of trade and prices at the Zhangjiagang timber market. Analysts write that it is the[…]
Pölkky Oy has announced a major investment program, targeting its production facilities in northern Finland. The value of the first phase in the investment program is Euro 30 million. In the first phase, Pölkky will modernize the production technologies at its sawmill in Kajaani, enabling more effective usage of the high-quality raw material in the[…]
Tigercat continues to set the bar high with the introduction of the new 890 logger – the largest machine in the Tigercat forestry equipment line-up – a heavy duty, purpose-built forestry carrier that can be configured for loading, shovel logging or processing. Weighing 47 900 kg (105,600 lb), it is the largest, highest capacity machine[…]
Komatsu America Corp. a leading global heavy equipment manufacturer, today announced it has entered into a definitive agreement to acquire TimberPro, Inc. Rolling Meadows, Ill., February 19, 2019 – Komatsu America Corp. a leading global heavy equipment manufacturer, today announced it has entered into a definitive agreement to acquire TimberPro, Inc. The acquisition is expected[…]
REVISED Cat® M Series Wheel Loader (950M – 982M) The 2019 product update package for Cat® M Series Medium Wheel Loaders (950M – 982M) includes technology advances that provide: lower operating costs via extended service intervals; enhanced operator comfort with new seats and suspensions; emissions control strategies to meet EU Stage V standards (EU only);[…]
As outlined in an earlier release a couple of weeks ago, John Deere Construction & Forestry and Hitachi Construction Machinery (Australia) Pty Ltd had announced they were ending a successful 29-year distribution arrangement of Deere branded and manufactured construction, forestry, and compact machinery in Australia. In line with this change, AFGRI Equipment has been appointed[…]
Leading Canadian Sawmill Machinery Manufacturer TS Manufacturing has recently acquired a majority shareholding in Automation & Electronics NZ Ltd and its AEUSA division based in North Carolina. The acquisition strengthens TS Controls division in the North American market by adding additional controls support combined with AE Optimization technology. A&E is a well-established company with a[…]
New Forests has announced that it has agreed to acquire Hikurangi Forest Farms (HFF), based in Gisborne, New Zealand, on behalf of its investment clients. New Forests anticipates that the purchase, from current owner Samling Group, will be complete by mid-2019, subject to consent from the Overseas Investment Office, with the intention to launch a[…]
If you have a business that is experiencing the following ‘symptoms’ read on…… Are your costs rising? Are mistakes on the increase? Are your efficiency levels unsatisfactory? Are your profits evaporating? Could the morale and culture of your people be better? The good news is that it’s all reversible, but the first step is to[…]