Archives: Uncategorised

Vancouver, B.C. – West Fraser Timber Co. Ltd. (“West Fraser” or the “Company”) (TSX and NYSE: WFG) has announced that further to its news release of October 12, 2021, the U.S. regulatory review has been completed and the other closing conditions have been satisfied.  As such, the Company is proceeding to close the acquisition of[…]

This video first released in October 2021 marks the significant milestone of the planting of two billionth tree in 2021. Reaching this milestone reflects West Frasers 65-year commitment to sustainable forest management in Alberta and B.C., where they directly manage the forest lands for its operations. In other jurisdictions, such as their operations in central[…]

INVL Asset Management (“INVL”) today announces the successful full exit of its INVL Baltic Forests Fund I vehicle as it transitions towards a full focus on its recently announced successor, INVL Sustainable Timberland and Farmland Fund II (“STAFF II”). The acquirer of the portfolio is Latvian Forest Company AB. INVL Baltic Forests Fund I was[…]

Latvian Forest Company AB (publ) (“LFC”)  has completed the purchase of all shares in UAB Siluona today. Through the purchase, LFC will acquire 1,338 hectares of land with 301,000 cubic meters of timber stock. The transaction value of UAB Siluona’s value-creating assets: forest and agricultural properties amounts to EUR 7.5 million. The purchase price for the shares amounts[…]

Weyerhaeuser Company (NYSE: WY) has announced the appointment of David Graham as president of Weyerhaeuser Company Limited, its wholly owned Canadian Subsidiary, effective January 1, 2022. Graham will report to Travis Keatley, senior vice president of Timberlands, and his appointment follows the planned retirement of Fred Dzida, who has served as president of the company’s Canadian subsidiary since 2014 and will[…]

PONSSE Elephant King – more wood in one go The Elephant King forwarder is the most powerful machine in PONSSE’s forwarder range. Possibly the most productive forwarder on the market, offering a superior level of comfort, it is particularly economical and efficient when transport distances are long or transported trees are large. Forwarders. When Elephant[…]

Using the Perception HEAD enables the Woodtech Division of Wintersteiger AG to precisely detect the structure of defects in wood. This allows chemical characteristics such as blue stain, weak spots, branch decay, galls, and knotholes to be precisely scanned & machined, setting new quality assurance standards in the timber industry. Changes in the price of wood alongside[…]

Blanca Forestry Products has purchased a GradeScan with deep learning artificial intelligence from Lucidyne for installation in their Blanca, CO planer mill. After closely examining the different lumber scanner systems offered in the market, Blanca was all in for Lucidyne.  All new Lucidyne GradeScans come standard with Lucidyne’s patented Intelligent Grading platform, using deep learning[…]

North America – Komatsu 931XC 8WD harvester & 855-3 forwarder offer forestry customers enhanced productivity in most terrains Forestry equipment operates under difficult and demanding conditions. Engineered for the rugged terrain of forestry and logging work, Komatsu now offers two new machines, the 931XC-3 8WD harvester and the 855-3 forwarder. 931XC-3 (eXtreme Conditions) harvester Designed for extreme conditions[…]

Loading and moving materials in as few passes and cycles as possible can help increase productivity, and reduce costly wear and tear on machines. Designed to be a three-pass match for loading aggregate and other processed materials onto highway trucks, the 299 horsepower (223kW) Komatsu WA480-8 yard loader can also be adapted for use in infrastructure, forestry[…]