Search Results for: timber group

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[…]

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[…]

EACOM Timber Corporation, has announced a $10 million dollars investment over 5 years to replace its existing housing facility in Gogama, Ontario. The investment will allow to replace the 12 housing units by a complex of 44 units including a food catering service for its employees. EACOM is strongly committed to attract and recruit talent.[…]

Work is underway at the site in Russellville, Pope County in northwestern Arkansas, with commercial operations expected to begin at the plant in 2022. The move is part of a $40 million investment by Drax in the state, creating approximately 30 new direct jobs and many more indirect jobs across Arkansas. Arkansas Secretary of Commerce[…]

In order to increase its drying capacity while maintaining a high level of quality, the privately-owned sawmill group AB Karl Hedin is investing in six batch kilns for its Swedish sawmills in Säter and Krylbo. The investment increases the group’s drying capacity by approx. 77,000 cubic meters (32,630 MBF). “We have had good experiences working[…]

Some of the major forestry equipment market participants are Kesla Oyj, Hitachi Construction Machinery, Eco Log Sweden AB, Caterpillar Inc., Komatsu Forest, Ponsse PLC, Husqvarna AB, Deere & Company, Tigercat International, Doosan Group, STIHL, and Logset Oy. Global Market Insights Inc. has recently added a new report on the forestry equipment market that estimates the market[…]

Fully automated progressive kiln for Poujoulat Group’s BF70 plant now in successful operation. The Poujoulat Group has been producing high-quality wood fuels (pellets, firewood …) at 6 locations across Europe (3 of them in France) since 2008. At the new Bois Factory 70 in Demangevelle, the company is now using a Mühlböck progressive kiln with[…]

Almost 750 hectares of prime commercial forestry in the Scottish Borders has come to the market for offers over £14 million. The sale of the Ramsaygrain East Forests, which extend to 745 hectares or 1,841 acres, are available as a whole or in three lots. The large scale commercial conifer forests are part of the renowned Teviothead[…]

Metsä Fibre, part of Metsä Group, is building the world’s most modern sawmill in Rauma, Finland. The construction work began in May 2020, and the sawmill’s foundation stone was laid on Thursday 25 March 2021. Due to the coronavirus situation, the foundation stone was laid by Harri Haapaniemi, Project Director, and Liisa-Maija Perävainio, Sawmill Director, without external[…]

Russia has been one of the largest roundwood traders globally for many years by exporting roughly 15-20 million m3 per year between 2010-2020. The main importers of the Russian roundwood are traditionally China and Finland, importing around 90% of the total Russian export volumes. Based on the announcement of President Vladimir Putin last year, instructing[…]