BID Group Introduces its AI-Powered Smart Vision for Continuous Management & Monitoring of Wood Processing
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BID Group Introduces its AI-Powered Smart Vision for Continuous Management & Monitoring of Wood Processing
February 7, 2023

BID Group has announced it will be expanding its digital offering with its new AI-Powered Smart Vision. Ideally positioned to lead the digital transformation, BID is bringing sawmills to higher productivity levels. BID Group provides industry-leading solutions for its highly valued customers by delivering a complete range of smart equipment, turnkey installations, digital technologies, and[…]

Eco Log Group is acquired by investors with extensive experience in operational turn-around
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Eco Log Group is acquired by investors with extensive experience in operational turn-around
December 13, 2022

An agreement has been entered into with Lazarus Industriförvaltning AB, which acquires a majority of Eco Log Group AB. Lazarus is an investment company specialized in operational turn-around of companies facing significant challenges. By combining access to capital with experience of operational turn-around, Lazarus can strengthen Eco Logs’ position and offering going forward. Lazarus already[…]

SHI secures order for a 74 MW-Class Wood Biomass & Recycled Fuel-Fired Boiler for power plant
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SHI secures order for a 74 MW-Class Wood Biomass & Recycled Fuel-Fired Boiler for power plant
December 13, 2022

Sumitomo Heavy Industries, Ltd. (Head Office: Shinagawa-ku, Tokyo; Representative Director, President, and CEO: Shinji Shimomura) secured an order from Tosoh Corporation (Representative Director, President: Mamoru Kuwada) for a 74 MW-class wood biomass and recycled fuel-fired boiler (planned construction site: Nanyo Complex, Shunan City, Yamaguchi Prefecture) based on the EPC (engineering, procurement and construction) contract. This[…]