Resolute Forest Products Inc. reported net income for the quarter ended June 30, 2018, of $72 million, or $0.77 per diluted share, compared to a net loss of $74 million, or $0.82 per share, in the same period in 2017. Sales were $976 million in the quarter, an increase of $118 million from the year-ago[…]
In September 2018 Brazilian exports of wood-based products (except pulp and paper) increased 8.4% in value compared to September 2017, from $248.3 million to $269.1 million, reports ITTO. The value of pine sawnwood exports increased 20% between September 2017 ($41.9 million) and September 2018 ($50.4 million) and the volume of exports increased 17% over the[…]
Boise Cascade Company has completed the sale of its northeast Oregon lumber mills in Pilot Rock and La Grande and the particleboard operations in Island City to Woodgrain Millwork. The sale officially closed on November 2, 2018. Boise Cascade is one of the largest producers of engineered wood products and plywood in North America and[…]
JS-50 prototype turns heads at TP&EE JoeScan gave visitors a glimpse at the future of sawmill scanning during TP&EE in Portland, Oregon. The 3D laser scanning leaders brought a pair of interactive demos to their booth, showcasing a variety of innovations exclusive to their latest JS-50 prototype devices. By leveraging sixteen years of sawmill industry[…]
At JoeScan’s TP&EE booth, a group of sawmill industry leaders gathered to toast Galloway Lumber, the winner of the Longest Running JoeScan contest. This announcement ended the months long search for the longest continually operating JoeScan 3D laser scanner. With champagne and beer glasses held high, marketing manager Brad Michael and JoeScan founder and president[…]
Waratah Forestry Equipment is celebrating 45 years of innovation and serving customers in the forestry industry. The company pioneered mechanized harvesting with first-class products paired with unparalleled customer support. Established in Tokoroa, New Zealand in 1973, the company transitioned to meet local loggers’ heavy-duty delimbing needs creating a delimber-feller-buncher featuring a four-roller fixed head. Following[…]
Smart Forest Project applies big data/analytics, Internet of Things and Artificial Intelligence technologies in planted forests São Paulo, October 05, 2018 – Based on a diagnosis, Fibria structured the management of forest digitization initiatives in the Smart Forest Project. Led by the Forestry area, a data collection, communication, analysis and publishing supply architecture was created,[…]
Ence Energía, S.L.U. has signed an agreement with Iberdrola Renovables de Castilla La Mancha, S.A.U. for the acquisition of its 90% stake in Puertollano solar thermal plant, for an amount that could reach up to Euro 145.8 million. The agreement is subject to IDAE, owner of the remaining 10% of the plant, not exercising its[…]
The market uncertainty being caused by the China-U.S. trade dispute is now one of the most important topics to watch, even amid myriad changing developments and issues that continue to impact market dynamics worldwide. The first volley was made by the U.S., and then (on August 23) China retaliated with a 25% import tariff on[…]
Rotorua-based timber products company Red Stag is about to embark on several building projects to showcase the potential of timber as a construction material in large-scale building projects. Red Stag is New Zealand’s largest saw miller, employing 300 people with annual turnover of NZ$220 million. The building projects come ahead of plans to build a[…]