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Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) has announced that after a 39-year distinguished career with Resolute, Yves Laflamme will be stepping down, and retiring, as of March 1, 2021. The board of directors has unanimously selected and appointed Remi G. Lalonde as the company’s next president and chief executive officer, effective on the same date.  Mr. Lalonde, 44,[…]

Lignia Wood Company has signed a distribution agreement with Australian timber experts Hurford Wholesale, who will be distributing LIGNIA products to the Australian and New Zealand markets. Neil Ryan, CEO of Lignia Wood Company said: “Lignia continues to go from strength to strength across the globe and we are now delighted to welcome Hurfords as a[…]

Weyerhaeuser Company reported 3Q 2020 net earnings of $283 million, or 38 cents per diluted share, on net sales of $2.1 billion. This compares with net earnings of $99 million, or 13 cents per diluted share, on net sales of $1.7 billion for the same period last year. 3Q 2020 results include after-tax charges of $103 million for special items, primarily a non-cash timber casualty loss[…]

The wood industry company Setra has entered into an agreement regarding the sale of Rolf’s sawmill in Kalix to Stockhult Holding. Stockhult is, among other things, the owner of a sawmill in Glommersträsk and intends to resume operations in Rolf’s sawmill. In 2019, Setra closed down the sawmill operations in Rolfs. The company has now entered into[…]

Waratah Forestry Equipment has debuted a new model configuration of the HTH623C harvester head. The new HTH623C loader processor (LP) features a wide delimb opening for increased productivity while its short tilt frame improves reach for higher deck piles, making it more maneuverable and ideal for tight spaces. “The HTH623C LP takes great features of the HTH623C harvester[…]

Waratah Forestry Equipment has introduced two new models to its 200 Series line: the H219 and H219X harvester heads. Primarily built for late thinning or final felling, the new models have a variety of features for added uptime in harvesting, processing and debarking applications. “The robust Waratah H219 and H219X heads define high capacity two-roller productivity,” said Brent Fisher,[…]

Raul Kirjanen, Chairman of the Management Board of Graanul Invest AS, was elected Chairman of the Management Board of the Estonian Forest and Wood Industries Association. According to the new chairman, the forest and timber sector has great potential in light of the European Green Deal. ‘We need to work to ensure that the general[…]

Potlatchdeltic Corporation Reports Third Quarter 2020 Results SPOKANE, Wash.–(BUSINESS WIRE)– PotlatchDeltic Corporation (Nasdaq:PCH) yesterday reported net income of $81.0 million, or $1.20 per diluted share, on revenues of $313.0 million for the quarter ended September 30, 2020. Net income was $20.6 million, or $0.30 per diluted share, on revenues of $226.3 million for the quarter[…]

Honkarakenne Plans To Reorganise Its Production And Commence Co-Operation Negotiations In Accordance With Chapter 8 Of The Finnish Act On Co-Operation Within Undertakings Honkarakenne Oyj intends to reorganise its production and will commence co-operation negotiations, in accordance with Chapter 8 of the Finnish Act on Co-operation within Undertakings, concerning the reduction in the use of[…]

The visibility in Komatsu thinning forwarders is excellent in all directions. When thinning, it is especially important that the operator has a clear view of both the surrounding forest and the machine’s position relative to each individual tree. That is why the visibility in their thinning forwarders, as in all Komatsu forwarders, is excellent in[…]