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Cairngorm Capital acquires Arnold Laver & Co. Limited
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Cairngorm Capital acquires Arnold Laver & Co. Limited
November 29, 2018

Cairngorm Capital Partners acquires the leading timber merchant, Arnold Laver & Co Limited. It joins Cairngorm Capital’s other timber brands, Thornbridge, North Yorkshire Timber and Rembrand to create the largest independent timber business in the UK, with combined revenues approaching GBP 250 million, which will be known collectively as The National Timber Group. This acquisition[…]

Westervelt to build new sawmill in Alabama
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Westervelt to build new sawmill in Alabama
November 29, 2018

Westervelt company will construct a new lumber mill in Thomasville, Alabama, company announced. The new facility will produce Southern yellow pine lumber. The Thomasville Mill will join the company’s existing facility in Moundville, Ala., which has been operating since 1997. “This new mill represents our commitment to the State of Alabama and to the region,”[…]

Nz – McCarthy go big
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Nz – McCarthy go big
November 28, 2018

McCarthy Transport have put two purpose built 58 ton gross units on the road to cart from their Pakihi Log Storage yard in Carterton to CentrePort Ltd. These units will reduce the number of trucks going over the Rimutakas each day. The purpose of these heavy trucks is to have four standard units cart 44[…]

B.C. forestry’s bull-market ride could be over soon
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B.C. forestry’s bull-market ride could be over soon
November 27, 2018

Until about six months ago, B.C.’s forestry companies were riding a lumber bull market. Record-high lumber prices in the U.S. had muted softwood lumber duties, and B.C. forestry companies were netting record profits. But the party may be over reports Nelson Bennett, BIV. A shrinking timber supply and high log prices in B.C. and a[…]

Newton Mississippi lumber mill announces major expansion
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Newton Mississippi lumber mill announces major expansion
November 27, 2018

Business is good for Biewer Lumber. So good the company announced the expansion of their sawmill in Newton and ramp up production by 100-million board feet per year reports WJTZ12. The expansion means forty-five new jobs will be added to operations at the facility. The development represents a $40 million corporate expansion. Governor Phil Bryant[…]

B.C.’s largest-ever forestry delegation
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B.C.’s largest-ever forestry delegation
November 27, 2018

One year after leading B.C.’s largest-ever forestry-sector delegation to Asia, B.C. Forests/Rural Development Minister Doug Donaldson is taking an even larger group to three key Asian countries this winter in a push to expand exports beyond the suddenly slowing American market reports Chuck Chiang, BIV. Donaldson, whose portfolio also includes Lands and Natural Resources Operations,[…]

UK Forestry investment remains a top performer
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UK Forestry investment remains a top performer
November 27, 2018

The UK Forest Market Report 2018, launched in London November 21, has revealed a continuing great performance from forestry investment. Many UK forest owners who purchased their property 30 or 40 years ago are now reaping exceptional rewards for patiently growing their timber assets. Not only is their investment showing returns of 13.9% per annum[…]

High Timber sales in national forest
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High Timber sales in national forest
November 27, 2018

Timber sale levels on the Chequamegon-Nicolet National Forest  reached 128.7 million board feet in fiscal year 2018, a level of sales not seen since the early 1990’s reports Green Bay Gazette. The 2018 fiscal year was also the sixth year in a row timber sales have increased in the forest. In 2017, the forest sold[…]

Kalle Rovanperä And John Deere To Join Forces
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Kalle Rovanperä And John Deere To Join Forces
November 27, 2018

Finnish rally driver Kalle Rovanperä and forest machine manufacturer John Deere Forestry Oy have signed a collaboration agreement. Rovanperä has risen to prominence in motorsports at an exceptionally young age and secured a World Rally Championship-2 (WRC2) series bronze medal in the 2018 season by winning the WRC2 events in Wales and Catalunya. In the[…]

Swedish sawlog prices rise in 3Q
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Swedish sawlog prices rise in 3Q
November 27, 2018

The delivery prices on Swedish sawlog and pulpwood prices rose by 5.5% and 3.4% respectively in the 3Q 2018, compared to the 2Q 2018, reports the Swedish Forest Agency. The prices are increasing in all of Sweden. The price of sawlog increased the most in the region Central with 8.4%, while prices rose by 7.5%[…]

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