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Brendan Slui has been appointed Managing Director of Rayonier Matariki Forests following the resignation of Paul Nicholls who is stepping aside after 25 years service. Brendan has held a series of roles during his 18-year tenure with Rayonier Matariki Forests, joining as a Senior Forester and progressing to Resources Manager, Regional Manager and most recently,[…]

H-3060’s innovations start with the large diameter infeed roll that is sensitive enough to permit grass clippings, brush, limbs, pallets, slabs, logs and stumps to be fed at variable speeds for continuous rather than batch feeding. The H-3060 Horizontal Grinder Includes: Caterpillar C-15, 565 HP [373kw] Diesel Engine 30″ Diameter “Double-Cut” Hammermill 60″ Wide Variable[…]

JANUARY–DECEMBER 2017 (1–12/2016) Sales were EUR 5,040 million (4,658) Operating result was EUR 581 million (442). Comparable operating result was EUR 566 million (439) Result before tax was EUR 506 million (361). Comparable result before tax was EUR 491 million (357). Comparable return on capital employed was 12.3 per cent (10.2). Comparable return on capital[…]

NY Timber will be merged with existing Cairngorm portfolio company Thornbridge, which Cairngorm picked up in November last year, the private equity firm’s first investment from Cairngorm Capital II. The merger is Cairngorm’s latest step in its bid to consolidate the UK value-added timber distribution market. The combined group will generate revenues of over £50m[…]

Rayonier reports Q4 net income of US$64.2M, on revenues of US$239.7M, up from income a year ago of US$48.3M on revenues of US$229.3M, and 2017 net income of US$148.8M on revenues of US$819.6M. It’s reported that the Pacific Northwest, New Zealand and Real Estate performed strongly for the company. For New Zealand, fourth quarter sales[…]

Log export prices are having a 25-year high, with southern industry insiders optimistic longer-term gains are likely to be sustained. As of December 17, key indicator the At Wharf Gate price for A-grade logs 30cm or more at the small end, stood at $148 per export cubic metre, according to the latest available data from[…]

Hiab, part of Cargotec, is opening a new factory installation and competence centre in Meppel, the Netherlands, during the first quarter of 2018. The new centre will offer FrameWorksTM subframes, truck bodies and complete vehicle solutions for Hiab’s European customer base. It is the global competence centre for Hiab FrameWorks installations as well as the[…]

IKEA Group acquired its first US forest property, covering approximately 25,000 acres in Lowndes County, Alabama. The investment in forestry is part of a broader strategy to invest in the sustainable production of resources that IKEA Group consumes directly, such as energy, or indirectly through its products (wood raw material, recycled materials, etc.). IKEA Group[…]

Mike Richardson was elected President by the Truck Loggers Association membership at their AGM last month. With 42 years of experience in the forest industry, Richardson will represent TLA member interests to both government and industry. He is currently a partner in Tsibass Construction Ltd., a stump-to-dump logging contactor based out of Campbell River. However,[…]

The Canadian government has suggested it might drop its major international trade case against the U.S., if it gets a softwood lumber deal. Canada has filed a wide-ranging complaint to the World Trade Organization about the way the U.S. applies punitive tariffs, infuriating the Americans. U.S. trade czar Robert Lighthizer called it a “massive attack”[…]