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Ponsse Plc has sold all shares in OOO Ponsse, its subsidiary that provided PONSSE services in Russia and Belarus. Ponsse signed the deed of sale, according to which Ponsse’s operations in Russia will transfer to OOO Bison once the conditions of the transaction have been met. Ponsse announced its intention to divest its operations in Russia[…]

Pewag Group, a global leading company in traction chain devices and industrial chain solutions (founded 1479), today announced recently it had completed the acquisition of Wallingford’s Inc. and BABAC Inc, a leading U.S.-based provider of forestry traction devices, forestry supplies and snow chains. Wallingford’s and BABAC have been consolidated as part of pewag’s Traction and[…]

48forty Solutions – Alpharetta, GA– 48forty Solutions (“48forty”), a leading national provider of recycled pallets and pallet management services, has announced that it had completed its first carve-out acquisition, purchasing the pallet recycling division operations (“Pallet Recycling Division”) of Girard Wood Products (the “Company”). The terms of the transaction were not disclosed. Girard Wood Products[…]

New Forests, a global investment manager of nature-based real assets and natural capital strategies, has announced the purchase on behalf of institutional investors of an approximately 108,000-acre forestry estate in Northern California from The Michigan-California Timber Company (MCTC). The estate consists of productive mixed conifers, including fir and pine, in the Mount Shasta region, and[…]

Södra is launching a major initiative to develop family forestry. Södra will invest in innovative companies that introduce new technologies for forest estates and enable a more multifaceted approach to family forestry. Södra’s mission is to create markets for the products of its members’ forest estates – today and in the future. Södra will harness[…]

Portland, OR, April 22, 2022 – Hampton Lumber & Family Forests has completed the purchase of approximately 18,000 acres of timberland from a fund managed by Campbell Global, LLC in Southwest Washington.  These high-quality, well-managed forestlands are located in Pacific and Wahkiakum counties in close proximity to lands currently owned by Hampton. These timberlands will provide[…]

Investors saw a great opportunity when they decided to build a new mill complex at Lufkin, TX. The Texas A&M Forest Service assisted the company to validate this project that draws on logs from the region. The mill was started up in 2019, with USNR and Mid-South Engineering as major vendors in this endeavor. Today[…]

EDITOR’S COMMENT

FAE is expanding its product line with the RCU series, a compact and professional, remote controlled tracked carrier that is the result of merging FAE’s extensive experience in designing tracked carriers for the PT series and remote-control systems for the vehicles in our Demining line. The RCU-55 is designed to work on hard-to-access areas and[…]