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SEPPI M. completes new HQ and manufacturing facility. Increased Production Is Projected for Worldwide Distribution Caldaro BZ, Italy (03/28/22) – The Italian based company Seppi M. recently announced the completion of its new headquarters in Mezzolombardo, Italy. The company is planning to relocate to the new facility over the next few months. With this expansion,[…]

As a result of long-term cooperation, Hekotek AS has entered into a supply agreement with Koskisen OY, one of the largest privately owned wood processing companies in Finland. Equipment for feeding logs to the sawmill, together with a conveyor system for transporting sawdust (bark, wood chips and sawdust), will be delivered to the new wood[…]

BID Group recently announced it has received an order from Georgia-Pacific to deliver a new sawmill at its Pineland, TX operation which will replace the existing stud mill. The investment will also include the addition of new debarking, log processing line, a continuous dry kiln, and a new high-speed planer. Through its industry-leading wood processing[…]

Vancouver, B.C. – West Fraser Timber Co. Ltd. (“West Fraser” or the “Company”) (TSX and NYSE: WFG) has announced that further to its news release of October 12, 2021, the U.S. regulatory review has been completed and the other closing conditions have been satisfied.  As such, the Company is proceeding to close the acquisition of[…]

Latvian Forest Company AB (publ) (“LFC”)  has completed the purchase of all shares in UAB Siluona today. Through the purchase, LFC will acquire 1,338 hectares of land with 301,000 cubic meters of timber stock. The transaction value of UAB Siluona’s value-creating assets: forest and agricultural properties amounts to EUR 7.5 million. The purchase price for the shares amounts[…]

EDITOR’S COMMENT ISSUE 83 Climate shines light on foresters’ responsibility

EACOM Timber Corporation, has announced a $10 million dollars investment over 5 years to replace its existing housing facility in Gogama, Ontario. The investment will allow to replace the 12 housing units by a complex of 44 units including a food catering service for its employees. EACOM is strongly committed to attract and recruit talent.[…]

In the minds of Finnish people, Ponsse is the most reputable company in Finland in 2021, ahead of Kone and Supercell, in the annual reputation survey. A total of 9,265 Finns participated in the survey. T-Media’s Reputation&Trust survey identifies the reputation of companies operating in Finland in the minds of Finnish people. The greater public’s[…]