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Milan, 17 April 2025 – Clessidra Private Equity SGR – one of the largest Italian private equity firms focused on the upper-mid market and part of Clessidra Group, a leading alternative investment operator in Italy – announced the acquisition of MiCROTEC, a leading player in wood and food scanning solutions, from the Austrian GSS GmbH.[…]

Edmundston, NEW BRUNSWICK – February 10, 2025 – Acadian Timber Corp. (“Acadian”) (TSX:ADN) has signed an agreement to purchase assets of A & A Brochu, LLC (“A & A Brochu”) and its affiliates for a total price of U.S. $4.8 million. The assets include harvesting, trucking, and road building equipment, as well as related real[…]

During 2025, Setra will investigate the possibilities of divesting the sawmill in Malå. A divestment is expected to contribute to Setra’s opportunities to further strengthen its position in Central Sweden, where the company’s raw material supply is expected to improve in the coming years. During 2024, Setra took major steps in an extensive upgrade of the[…]

In 2025, it will be 55 years since forest machine entrepreneur Einari Vidgren founded a forest machine factory in Vieremä, Finland. The anniversary year will start on a high note as the 21,000th PONSSE forest machine has been manufactured and will be delivered on February 6th, 2025, to Scheff Logging & Trucking Inc. from Minnesota,[…]

Southeastern Timber Products announced this week it is investing $123.4 million to expand its operations in Ackerman, which could create as many as 40 jobs. Southeastern Timber Products is a family-owned-and-operated manufacturer of southern yellow pine lumber, timber and decking products. The company is expanding its Ackerman sawmill to increase production capacity from 120 million[…]

Valmet will deliver a chipper feeding line upgrade to the woodyard of Unilin Panels in Vielsalm, Belgium. The order is included in Valmet’s orders received of the fourth quarter 2024. The value of the order will not be disclosed. The delivery will take place during the mill’s annual shutdown in the third quarter of 2025. The mill’s[…]

Koskisen is launching a comprehensive investment program in the plywood production of its Panel Industry business in Järvelä. The investment program extends until the end of Koskisen’s strategy period, i.e. 2027. The first phase of the investment program will be implemented during 2025 and the total value of the related investments is approximately EUR 12[…]

SAINT-GEORGES, QC, DECEMBER 10, 2024 — As 2024 comes to a close, Comact, a leading OEM in high-caliber wood processing equipment, digital technologies, cutting solutions, project services, and aftermarket support supplier, is proud to celebrate its 100th-anniversary short film that highlights a century of innovation, evolution, and leadership in the wood processing industry. This year[…]

Vancouver, British Columbia, November 1st, 2024 — We are pleased to announce the appointment of Travis McDonald as Executive Vice President, Strategy and Business Development at Comact. Travis brings a unique blend of skills and experience, making him the ideal leader for this critical role. With over 30 years of expertise in engineering and strategic[…]

USNR is supplying Rosboro Company in Springfield, OR, with a brand-new planer mill, complete with a Hydraulic Continuous Tilt Hoist, a 4200 planer, a Multi-Saw Clamshell Trimmer, Low-Profile Stacker, and Sorter Top with 36 bins. The project also includes converting four of their dry kilns to USNR’s Uniflow Dry Kiln design with KilnBoss controls. All[…]