Search Results for: com

SPRINGER Group, a leading international technology supplier, has acquired a majority stake in Finnish company FinScan. A company with its head office in Espoo (Helsinki area) is a specialist in scanners and software for automated optimization of lumber in sawmills. FinScan has installed more than 400 scanners in over 20 countries around the world. Timo[…]

JANUARY–DECEMBER 2017 (1–12/2016) Sales were EUR 5,040 million (4,658) Operating result was EUR 581 million (442). Comparable operating result was EUR 566 million (439) Result before tax was EUR 506 million (361). Comparable result before tax was EUR 491 million (357). Comparable return on capital employed was 12.3 per cent (10.2). Comparable return on capital[…]

Log export prices are having a 25-year high, with southern industry insiders optimistic longer-term gains are likely to be sustained. As of December 17, key indicator the At Wharf Gate price for A-grade logs 30cm or more at the small end, stood at $148 per export cubic metre, according to the latest available data from[…]

Roseburg Resources Co. has completed the previously announced sale of its California timberlands to Shasta Cascade Timberlands, a new company formed by New Forests. The transaction includes approximately 170,000 acres of investment-grade timberland in northern California, largely in Siskiyou and Shasta counties. “Shasta Cascade Timberlands is acquiring a very well-managed, high-quality tree farm, and will[…]

Forestry and wood processing company, Juken New Zealand has begun consulting employees at its Gisborne wood-processing mill about potential changes to the products made there in order to return the plant to profitability and secure its long-term future. The Juken mill at Matawhero opened in 1994 and employs around 200 full time employees. The mill[…]

We are proud to be named to Fortune’s World’s Most Admired Companies® 2018 list. This year, Caterpillar is ranked number 43. Caterpillar has appeared in the Top 50 All-Stars list for 17 consecutive years. “We welcome this recognition as one of the world’s most admired companies,” said CEO Jim Umpleby. “This honor belongs to our[…]

Australia’s battered forestry sector and timber industry is finally starting to emerge from the financial wilderness it was cast into nearly a decade ago following the spectacular collapse of managed investment scheme timber plantation companies such as Gunns, Timbercorp and Great Southern. New figures released by the federal government show the timber industry has enjoyed[…]

Forestry Corporation is Australia’s largest softwood plantation manager producing enough timber each year to construct a quarter of the houses built in Australia. The Softwood Plantations Division alone oversees timber production from over 200,000 hectares of pine plantations in NSW. Forestry Corporation is pleased to announce and welcomes the new head of this division, Mike[…]

A new wood fibre processing facility in southern Tasmania will inject much needed investment, enhance industry efficiency, and create sustainable long-term job opportunities, states CEO of the Australian Forest Products Association (AFPA), Mr Ross Hampton. “AFPA is pleased to back Neville-Smith Forest Products’ announcement of the creation of the new Southwood Fibre forest products export[…]