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HASSLACHER Group has acquired a 40% stake in Egoin Wood Group. This domestically and internationally active company, with production facilities in Ea (Biscay) and Legutio (Araba), has more than 30 years of experience in the development of constructional timber solutions and currently employs around 160 people. “The HASSLACHER Group’s 40 percent holding represents an important[…]

Lumin, a leading timberland and forest products company, will invest ~US$ 136 million to build its third industrial plant in Uruguay, which is expected to create more than 300 jobs and significantly increase the country’s sustainable plywood production. The announcement was made this afternoon in Melo at an event attended by the President of Uruguay,[…]

Ten tree nurseries across the state are receiving over $4.4 million this year to help them increase their ability to produce badly needed seedlings. The seedlings are needed to help reforest millions of acres deforested in recent years by wildfire, disease and pests. The money was given to ODF after passage by the Oregon Legislature[…]

BID Group has announced it will be expanding its digital offering with its new AI-Powered Smart Vision. Ideally positioned to lead the digital transformation, BID is bringing sawmills to higher productivity levels. BID Group provides industry-leading solutions for its highly valued customers by delivering a complete range of smart equipment, turnkey installations, digital technologies, and[…]

Rottne Industri delivered 40 new forest machines to Canada last year. And interest in the Swedish forwarders and harvesters continues to increase on the other side of the Atlantic. ‘The investment in the North American market continues. One step in this is that Rottne Canada is going from previously being tenants to now having acquired a[…]

Alaska Airlines eliminates inflight plastic cups: West Coast-based airline becomes first U.S. carrier to replace plastic with planet-friendly alternative Alaska Airlines  Alaska Airlines have announced the completion of their transition to paper cups for inflight beverages, a move which eliminates more than 55 million plastic cups annually and replaces them with a more planet-friendly alternative.[…]

Komatsu’s new XT-5 tracked harvesters provide maneuverability and power in demanding conditions To harvest trees in tight, dense and rugged-terrain forests, operators need machines with maneuverability, power, versatility and reliability. With Komatsu’s XT-5 tracked harvesters, operators can harvest closer to the carrier and maneuver confidently thanks to a lower center of gravity and off-set boom. Made[…]

The Austrian Pfeifer Holding GmbH has signed an agreement on acquiring the Finnish wood processing company Pölkky Oy. The transaction strengthens Pfeifer’s position as one of the leading European timber industry companies and prepares the producer to face global competition. The Pölkky brand, management and operations will remain untouched. Since its inception in 1968, Pölkky[…]

USNR is replacing the Headrig system at Lampe & Malphrus Lumber Company with a new End Dogging Carriage line, including several new machines such as: • Log infeed using belts, chains, and ending screws • Pinnacle feeder • USNR carriage optimization with LASAR • Reciprocating EDC with rotation • Conical chip-heads with board and cant[…]

An agreement has been entered into with Lazarus Industriförvaltning AB, which acquires a majority of Eco Log Group AB. Lazarus is an investment company specialized in operational turn-around of companies facing significant challenges. By combining access to capital with experience of operational turn-around, Lazarus can strengthen Eco Logs’ position and offering going forward. Lazarus already[…]