EDITOR’S COMMENT ISSUE 73 A large part of me wants to use these column inches to focus on the international trade concerns that stem from the outbreak of the coronavirus in, and from, China. The nation’s position as a major demand engine for natural resources, including timber, suggests the fortunes of the international wood trade will[…]
Pierre Lafond, head of Carbotech project management, has announced the nomination of Jon Comber to the position of Project Manager. This announcement supports the growth management plan that was put in place slightly more than a year ago. Jon Comber will have the main task of taking charge of client projects, from equipment design to[…]
The new John Deere 959ML can be factory configured for shovel-logging and directional-felling applications, making it easy to harvest logs in areas once thought impassable. Our patented leveling technology delivers exceptional stability on steep slopes, while a live heel improves control and positioning of the log. An industry-exclusive slope-monitoring system displays the total range of[…]
UPM was named industry leader for the Paper and Forest industry in the Dow Jones European and World Sustainability Indices (DJSI) for 2019-2020 for the seventh time. Of 61 industry leaders recognised worldwide, UPM was the only Finnish company on the list. The Dow Jones Sustainability Indices are published in collaboration with Robeco SAM. The[…]
Georgia-Pacific has announced two major investments that will contribute significantly to its facility community in Gurdon, Arkansas, and the region. Georgia-Pacific is investing $70 million for upgrades to its plywood and lumber operations in the community. The company is also making its largest contribution ever to Gurdon and Clark County schools, committing $100,000 over five[…]
Rayonier Inc. reported 2Q 2019 net income of $18.8 million, or $0.14 per share, on revenues of $184.8 million. This compares to net income of $36.3 million, or $0.28 per share, on revenues of $245.9 million in the prior year quarter. 2Q operating income was $31.4 million versus $51.6 million in the prior year period.[…]
Weyerhaeuser Company reported 2Q 2019 net earnings of $128 million, or 17 cents per diluted share, on net sales of $1.7 billion. This compares with net earnings of $317 million, or 42 cents per diluted share, on net sales of $2.1 billion for the same period last year. Adjusted EBITDA for the 2Q 2019 was[…]