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Recently, reLogistics Services, the leader in reusable transport packaging and pallet management services, announced the opening of its newest reverse logistics center in Memphis, Tennessee. The Memphis, TN Reverse Logistics Center, a 40,000 square foot facility is located at 2158 Heide Ave and has 19 dock doors. Initially, the facility will employ 15 employees to[…]

Current Site Manager, Erik Molin will move on to a leading role in another industry from December 2017 “Erik has done an excellent job of developing the company to the position we have today and we are now looking for a replacement that can handle and continue the positive development,” says Göran Nyberg, CEO of[…]

Roughly half of all hardwood chips traded in the Pacific Rim have been destined for Chinese ports in the 1H/17 with Vietnam and Australia being the major suppliers, reports the Wood Resource Quarterly. Pulpmills in China and Japan continue to rely on large volumes of imported hardwood wood chips from a number of countries around[…]

The U.S. Department of Commerce announced the affirmative final determinations of the antidumping duty (AD) and countervailing duty (CVD) investigations of imports of softwood lumber from Canada. While significant efforts were made by the United States and Canada, and the respective softwood lumber industries, to reach a long-term settlement to this on-going trade dispute, the[…]

Stella-Jones Inc. announced financial results for its 3Q ended September 30, 2017. Sales reached $517.6 million, up 1% from $512.6 million last year. Acquisitions contributed sales of approximately $2.1 million, while the conversion effect from fluctuations in the value of the Canadian dollar, Stella-Jones’ reporting currency, versus the U.S. dollar, had a negative impact of[…]

In the 3Q, Acadian Timber Corp. generated net sales of $22.2 million, compared to $19.3 million in the prior year period primarily due to a 20% increase in log sales volumes. Adjusted EBITDA margin increased to 30% from 27% in the prior year period as the benefits of higher log sales volumes and stronger sales[…]

Boise Cascade reports 3Q net income of $31.7 million on sales of $1.23 billion Boise Cascade Company reported net income of $31.7 million, or $0.81 per share, on sales of $1.23 billion for the 3Q ended September 30, 2017. 3Q 2016 net income of $10 million, or $0.26 per share, included a $9.5 million pre-tax[…]

Raute Corporation has received orders worth over Euro 21 million for the machinery and equipment for the expansion of UPM Plywood’s mill in Chudovo, Russia. The scope of delivery includes the main machinery and equipment of the plywood manufacturing process: veneer peeling, drying, composing and patching lines, and also plywood lay-up, pressing and overlaying lines.[…]

For the 3Q 2017, Louisiana-Pacific Corporation (LP) reported net sales of $718 million, up from $596 million in the same quarter of 2016. 3Q 2017 income from continuing operations was $111 million, compared to $66 million for the 3Q 2016. Adjusted EBITDA from continuing operations for the 3Q 2017 was $192 million compared to $111[…]

Cairngorm Capital Partners LLP has acquired Thornbridge Sawmills Limited (Thornbridge), a leading Scottish timber processing and distribution company. Thornbridge sources certified timber and sheet materials from sustainable producers both domestically and overseas. It has a combined sawmill and distribution hub in Grangemouth, as well as 8 regional branch outlets across Scotland serving builders, joiners and[…]