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A surge in lumber prices and modest increases in sawlog costs have resulted in record profits for many lumber companies in North America and Europe in 2018, reports the Wood Resource Quarterly. Sawlog costs, the largest cost component when manufacturing lumber, have gone up much more slowly than lumber prices in many countries during the[…]

Hannover/Irkutsk In just a few weeks, SibWoodExpo will be opening its gates at the SibExpo Centre in the city of Irkutsk, Russia. This year marks the first time that the trade fair will be co-organized by Deutsche Messe AG’s Russian subsidiary, Deutsche Messe RUS, and Sibexpocentre OJSC. From 11 to 14 September, the event will[…]

McDowell Lumber, a hardwood producer located at Asheboro, North Carolina, is updating its edger and trimmer optimization systems with BioLuma scanning technology. The edger line will receive a new scanner frame to house the new sensors, while the trimmer line’s scan frame will be modified to accommodate the sensors. This new scanning technology will improve[…]

New Zealand-grown Pinus radiata will be taller and slimmer in the future according to a new paper. While sequestering greater amounts of carbon, the trees will be more exposed to risks from extreme winds and wildfire. Researchers from Crown research institutes Scion and Manaaki Whenua have considered how climate change and future biosecurity threats might[…]

Ponsse’s consolidated net sales for the 1H 2018 amounted to Euro 291.1 million, which is 12.5% more than in the 1H 2017. The operating result amounted to Euro 29.5 million, compared to Euro 28.2 million in the 1H 2017. The operating result equalled 10.1% of net sales for the period under review. Consolidated return on[…]

Simple And Durable Design During the FinnMETKO exhibition Logset will present a forwarder with extra wide symmetric tracks, and a renewed control- and measuring system for forest machines Forest machine manufacturer Logset Oy will launch the Smooth Ride cabin suspension at the FinnMETKO exhibition held in Jämsä August 30th – September 1st, 2018. The Smooth[…]

USNR is expanding its operations once again, this time at our Eugene, Oregon facility. The investment moves our existing operation to a new, expanded facility that will be outfitted to meet the growing needs of our business. The Eugene facility is home to a thriving team that supports and advances our optimization and veneer handling[…]

The forest industry contributed more than AU$7 billion to the Victorian economy last financial year. This includes AU$1.9 billion in direct sales, and a further AU$5.4 billion once flow-on effects in other industries are included, leading to a total contribution to gross regional product (the regional equivalent of GDP) of AU$779 million. These figures are[…]

The NZ Government is doubling to nearly NZ$500 million the funding for forestry tree-planting from its Provincial Growth Fund, meaning one-sixth of the NZ$3 billion, three-year fund will be spent on trees. Regional Development Minister Shane Jones announced the boost this week after the weekly Cabinet meeting. The NZ$240 million commitment to plant some 60[…]

Conifex Timber Inc. reported results for the 2Q ended June 30, 2018. EBITDA in the 2Q 2018, which excludes countervailing and anti-dumping duty deposits of $8.2 million, was a record $20.8 million, compared to $9.3 million in the 1Q 2018 and $10.2 million in the 2Q 2017. Revenues totaled $200.3 million in the 2Q 2018,[…]