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Canfor Corporation (TSX:CFP) has announced it will invest approximately $130 million USD to significantly upgrade and expand its sawmill and planer facility located in Urbana in Union County, Arkansas. The investment will capitalize on the abundant supply of high-quality fiber to enhance the manufacturing of high-value products, increase annual production at the facility by 115[…]

Stora Enso has entered into an agreement to divest its two sawmills in Russia. The Company’s Nebolchi and Impilahti sawmills will be divested to local management. In addition, the divestment includes Stora Enso’s Russian forest operation which through its harvesting supplies wood to the sawmills. Stora Enso’s assessment is that due to the uncertainties in[…]

GreenFirst Forest Products Inc. (TSX: GFP) (“GreenFirst” or the “Company”) has announced that the Government of Ontario has declared  that it is prepared to offer a loan of up to $17.2M (the “Loan Facility”) to support the Company’s plan to relocate and redevelop the Kenora sawmill over the next 3.5 years.   Completion of the Loan[…]

Investors saw a great opportunity when they decided to build a new mill complex at Lufkin, TX. The Texas A&M Forest Service assisted the company to validate this project that draws on logs from the region. The mill was started up in 2019, with USNR and Mid-South Engineering as major vendors in this endeavor. Today[…]

Tilhill, the UK’s leading forestry, timber harvesting and landscaping company is celebrating after winning the Agriculture, Forestry, and Fishing Sector RoSPA Award 2022, an internationally recognised award from RoSPA (The Royal Society for the Prevention of Accidents) for demonstrating high health and safety standards. This is the second year running that Tilhill has received the[…]

(WRI Market Insights) – Russian Sanctions: Sanctions against Russian exports will permanently alter the global trade of forest products. Lumber trade flows changed almost instantly when Russia invaded Ukraine in late February. Trade sanctions and restrictions in financial transactions by Europe, North America, and major markets in Asia halted shipments from Russia and Belarus. In[…]

FAE is expanding its product line with the RCU series, a compact and professional, remote controlled tracked carrier that is the result of merging FAE’s extensive experience in designing tracked carriers for the PT series and remote-control systems for the vehicles in our Demining line. The RCU-55 is designed to work on hard-to-access areas and[…]

COFI – Vancouver, CAN – April, 27-29 WOODTECH – Rotorua, NZL – May, 18-19 MONTRÉAL WOOD CONVENTION – Montréal, CAN – May, 24-25 WWPA – Stevenson, USA – May, 24-26 LIGNA.CONFERENCE – Rosenheim, GER – June, 01-02 EUROBOIS – Lyon, FRA – June, 14-17 DEUTSCHER HOLZKONGRESS – Berlin, GER – June, 29-30 MLMA – Biloxi, USA – July, 16-18 SLMA – Colorado Springs, USA[…]

A new type of forest machine is currently driving around the forests of Sweden. It combines a low-impact approach, increased productivity and an improved operator environment and is the result of a major cooperative project that has been under way since 2019. The concept machine is called Centipede and it has been developed by eight[…]

CRJ Services Ltd announces an exclusive dealership agreement with German machine manufacturer JENZ GmbH Maschinen- und Fahrzeugbau, for the UK and Ireland. This announcement comes off the back of a period of sustained growth for CRJ Services, and further establishes them as a market leading recycling machinery solutions provider. The new dealership agreement commenced on the 1st February 2022.[…]