It’s being announced that Prue Younger has accepted the position as Chief Executive for FICA (Forest Industry Contractors Association). Prue will commence this role on April 1, 2018 in a part time capacity for the next 12 months, as she will continue as Eastland Wood Council CEO until a new appointment is made. Prue has[…]
KiwiRail is reaping the benefits of an innovative growth strategy for its NZ forestry business designed to make the best use of its wagon fleet. Its financial result released this week shows an 8% revenue increase in its overall forestry business in just the six months to December. That is being driven by strong growth[…]
The NZ Government says it is close to securing 50,000 hectares of land for new forests under its Billion Trees programme. The programme, to see a billion trees planted over 10 years, is part of the coalition agreement between Labour and New Zealand First. The government-owned forestry organisation Crown Forestry is writing to landowners offering[…]
Imports of logs, lumber and woodchips have been growing at such a rapid rate, and to such lofty heights, that it’s been close to unbelievable at times. Between 2012 and 2017 (estimated), Chinese imports of logs (softwood and hardwood) have increased by 42 percent, hardwood chip imports have jumped 59 percent and lumber imports (again[…]
Brendan Slui has been appointed Managing Director of Rayonier Matariki Forests following the resignation of Paul Nicholls who is stepping aside after 25 years service. Brendan has held a series of roles during his 18-year tenure with Rayonier Matariki Forests, joining as a Senior Forester and progressing to Resources Manager, Regional Manager and most recently,[…]
H-3060’s innovations start with the large diameter infeed roll that is sensitive enough to permit grass clippings, brush, limbs, pallets, slabs, logs and stumps to be fed at variable speeds for continuous rather than batch feeding. The H-3060 Horizontal Grinder Includes: Caterpillar C-15, 565 HP [373kw] Diesel Engine 30″ Diameter “Double-Cut” Hammermill 60″ Wide Variable[…]
NY Timber will be merged with existing Cairngorm portfolio company Thornbridge, which Cairngorm picked up in November last year, the private equity firm’s first investment from Cairngorm Capital II. The merger is Cairngorm’s latest step in its bid to consolidate the UK value-added timber distribution market. The combined group will generate revenues of over £50m[…]
Rayonier reports Q4 net income of US$64.2M, on revenues of US$239.7M, up from income a year ago of US$48.3M on revenues of US$229.3M, and 2017 net income of US$148.8M on revenues of US$819.6M. It’s reported that the Pacific Northwest, New Zealand and Real Estate performed strongly for the company. For New Zealand, fourth quarter sales[…]
Hiab, part of Cargotec, is opening a new factory installation and competence centre in Meppel, the Netherlands, during the first quarter of 2018. The new centre will offer FrameWorksTM subframes, truck bodies and complete vehicle solutions for Hiab’s European customer base. It is the global competence centre for Hiab FrameWorks installations as well as the[…]
IKEA Group acquired its first US forest property, covering approximately 25,000 acres in Lowndes County, Alabama. The investment in forestry is part of a broader strategy to invest in the sustainable production of resources that IKEA Group consumes directly, such as energy, or indirectly through its products (wood raw material, recycled materials, etc.). IKEA Group[…]