Canfor Corporation (TSX:CFP) is announcing reduced operating schedules effective September 12, 2022 at its Swedish facilities due to a decrease in market demand. The reduced operating schedules will result in a 15% decrease in production capacity and are anticipated to be in effect through the fourth quarter. “Rising inflation and mortgage rates in Europe, which[…]
Surging interest in sustainable construction has seen one of New Zealand’s oldest mass timber businesses combine with one of the youngest. After 64 years in McIntosh family ownership TimberLab Solutions has joined the Red Stag group following a share sale completed last week. TimberLab has been the company behind many of the iconic large-scale glulam[…]
Two of New England’s top performing eastern white pine manufacturing facilities will join forces reports LBM Journal, as Hancock Lumber has announced its plans to acquire Madison Lumber Mill. Hancock Lumber’s eastern white pine operations will expand to four mills with its first sawmill acquisition in over 20 years. While Hancock Lumber will be purchasing Madison Lumber[…]
The 19th FinnMETKO exhibition will be held in Jämsä, Finland on 1–3 September 2022. Finland’s largest professional and sales exhibition area in the heavy-duty machine industry will cover more than 200 hectares, both indoors and outdoors. Ponsse have an impressive presence at FinnMetko with its various new products. Ponsse press release We will demonstrate such[…]
John Deere Forestry Oy has been meeting logging customers’ needs for the past 50 years. The company’s commitment to the development of logging solutions has created many pioneering, productivity-enhancing innovations that make the customers’ work easier. At the exhibition they will showcase the 1010G, 1110G, 1210G and 1510G forwarders, as well as the 1070G harvester[…]
CHESTER, California – Collins has announced a major acquisition of forestland in northeastern California. On August 4th, a year after the Dixie Fire raced through the foothills of the Sierra’s, Collins Timber Company LLC completed an acquisition 58,000 acres of forestland from Shasta Forests Timberlands LLC and its affiliates. The primary tracts of land are[…]
Ponsse and Epec are introducing the PONSSE EV1, an electric forest machine technology concept. While the forest machine will be commercially available later, Epec’s technology can already be used in electric or hybrid-electric commercial vehicles and non-road mobile machines. Ponsse’s technological concept is a peek into the future, paving the way for technological development and[…]
USNR, a division of Wood Technologies International, has announced that it has acquired Timber Automation, an industry leader in wood processing equipment and technology. The combination solidifies USNR’s leadership position in providing equipment and technology to the global wood processing industry, adding more than 250 employees and over 200,000 square feet of manufacturing space. The[…]
Following the introduction of Intelligent Boom Control technology on to the John Deere 900 MH-Series Tracked Harvesters earlier this year, John Deere has introduced Intelligent Boom Control on to its 800 MH-Series Tracked Harvesters. Now available on the 803MH, 853MH, and 858MH models, Intelligent Boom Control (IBC) technology is a boom tip guidance technology that[…]
Jackson, Mississippi—The Molpus Woodlands Group, LLC (Molpus), a timberland investment management organization headquartered in Jackson, Mississippi, has, on behalf of a client, successfully purchased approximately 117,773 acres of timberland in east Texas and northwest Louisiana from clients of Manulife Investment Management. Located in eight counties in east Texas and eight parishes in northwest Louisiana, the[…]