Canfor Corporation (TSX:CFP) announced today that its 70%-owned subsidiary, Vida Group, has entered into an agreement to purchase three sawmills located in Sweden from Bergs Timber for a purchase price of CAD$43 million plus working capital. “We are excited that Vida’s strong performance and balance sheet has enabled them to grow their operating footprint in[…]
Combilift is a winner at this year’s IFOY Awards 2020– one of the most prestigious and hotly contested international awards in the materials handling industry which honours the best products and solutions of the year. The company won the Warehouse Truck Lowlifter Category with its innovative Combi-CS pedestrian counterbalance stacker. The Combi-CS is the only[…]
Canfor Corporation, further to its announcement on November 9, 2018, completed the purchase of Elliott Sawmilling Company Inc. on May 31, 2020. Elliott adds over 210 million board feet of production capacity. Canfor is a leading integrated forest products company based in Vancouver, British Columbia (“BC”) with interests in BC, Alberta, North and South Carolina, Alabama,[…]
Barko Hydraulics (Barko) has announced the addition of Heavy Machines, Inc. (Heavy Machines) as the new Barko forestry equipment dealer for Maine, Massachusetts, New Hampshire, and Vermont. As a diversified equipment distributor serving several regions throughout the United States, Heavy Machines has two branch locations in Maine, located in Portland and Skowhegan, to serve customers[…]
Rayonier Inc. completes the acquisition of Pope Resources, A Delaware Limited Partnership. Unitholders of Pope Resources approved the transaction at a special meeting of unitholders held on May 5, 2020. “The completion of this transaction significantly expands and enhances our Pacific Northwest timberland and real estate portfolio,” said David Nunes, President and CEO of Rayonier. “It further[…]
Opticom is has announced the release of its integrated facial recognition and temperature screening system for access control. The OPT-7MFTD solution includes a 7” high resolution TFT screen with built in high sensitivity thermometry accurate to within 0.5°F. The system’s database can store up to 10,000 facial images along with temperature records, time passed, name, and[…]
EDITOR’S COMMENT ISSUE 73 Rebuilding communities The Australian bushfires have brought out the best in the wood industry
John Deere’s new premium XUV 865R Gator is the most comfortable model ever produced in the company’s popular cross-over utility vehicle range. This 23hp diesel-powered model combines the established high performance of the XUV 865M with a wide range of additional operator friendly features, including a luxurious cab environment. Standard specification includes a continuously variable transmission[…]
Eco Log and Gremo are now planning for a common future as a strong and comprehensive operator in the forest machine business. A first step has been taken as an Intent of Merger has been signed to move the production of Gremo machines to the Eco Log Factory in Söderhamn – a move that is[…]
Edmonton, April 7, 2020, the Alberta Forest Products Association (AFPA) expressed its appreciation for the Government of Alberta’s decision to defer timber dues payments for up to six months. The decision comes in light of the intense hardship that COVID-19 has placed on forestry companies. Those who produce building products like lumber, plywood, oriented strand[…]