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While many are isolating at home during the COVID-19 pandemic, Ritchie Bros says the world of heavy equipment auctions is still turning. The industry leader has taken all its auctions online and has so far seen very little change in anticipated demand – or selling price levels – for secondhand construction and agricultural machines over[…]

Rayonier Inc. completes the acquisition of Pope Resources, A Delaware Limited Partnership. Unitholders of Pope Resources approved the transaction at a special meeting of unitholders held on May 5, 2020. “The completion of this transaction significantly expands and enhances our Pacific Northwest timberland and real estate portfolio,” said David Nunes, President and CEO of Rayonier. “It further[…]

Södra has now ended the furlough scheme introduced at the sawmill and port at Mönsterås, Sweden, in April in light of reduced demand related to the ongoing pandemic. “We decided to introduce a furlough scheme because the UK was closed. The UK market is gradually re-opening and we have also identified new business opportunities, which[…]

International forestry investment manager New Forests announced the extension of its flagship forestry fund, the Australia New Zealand Forest Fund (ANZFF). Originally launched in 2010 as a 10-year, closed-end fund, ANZFF was converted into an extended long-term vehicle by agreement of the institutional investors in the fund. The extension includes a series of 12-year renewals, commencing 1[…]

With new front-end features and an all-new cab and controls, the 444L, 644L, and 724L help you put your best foot forward. Enhancements over previous models include near-parallel lift, a more spacious operator station, ergonomic electrohydraulic (EH) controls, and new bucket and linkage designs. Plus streamlined electrical and hydraulic routing, and a host of other[…]

Opticom is has announced the release of its integrated facial recognition and temperature screening system for access control. The OPT-7MFTD solution includes a 7” high resolution TFT screen with built in high sensitivity thermometry accurate to within 0.5°F. The system’s database can store up to 10,000 facial images along with temperature records, time passed, name, and[…]

Utility company FortisBC will purchase wood waste-derived renewable natural gas (RNG) from REN Energy International through a new partnership. The project features technology being used for the first time in the US and represents ‘exciting new opportunities’ to reduce emissions using British Columbia’s (BC) expansive forestry sector, according to FortisBC. The production facility will be[…]

Drax has launched a Biomass Carbon Calculator to help the industry accurately measure emissions in the biomass supply chain. The new tool will allow the sector to identify where emissions reductions can be made and help to make a greater contribution to tackling climate change, according to Drax. The company is seeking views from a[…]

OneFortyOne New Zealand (formerly Nelson Forests) to recommence business activities in its forest estate and Kaituna sawmill in New Zealand. OneFortyOne Executive General Manager Lees Seymour said: “Whilst the country was at Alert Level 4 we were able to pay the team’s full salary and the wage subsidy did help us achieve that. We are[…]

The Forestland Group has appointed Tommie Herbert as Director of Investor Relations. She will be responsible for new product development, investor outreach, and relationship management. Her background includes a combination of conservation finance, forestry, and ecosystem markets research. Most recently, she served as the National Conservation Finance Lead at the USDA Forest Service headquarters in Washington D.C.[…]