Provides direct access to Forestry sector and alignment with UN Sustainable Development Goals and Principles of Responsible Investing J.P. Morgan Asset Management expects to become an active participant in carbon offset markets In an effort to directly impact the transition to a low-carbon economy and provide ESG-minded investment opportunities related to climate, conservation and biodiversity,[…]
Segezha Group, an international timber holding company (a subsidiary of Sistema PJSFC), became an official partner of the VII regional qualifying competition Siberian Logger. The championship took place on 3–4 June this year in Divnogorsk, Krasnoyarsk Krai. Divnogorsk Technical School of Forestry Technologies held the competition for logging machine operators (harvesters, forwarders, fork loaders) and[…]
EACOM Timber Corporation recently announced an investment of $7.7M to equip its Matagami sawmill with a new state-of-the-art continuous kiln (CDK). The kiln, which is expected to be fully operational by October 2021, will allow lumber to be dried 24 hours a day, without interruption, directly at the facility. “The City of Matagami is thrilled[…]
Second quarter earnings rise on 34% increase in net sales, reflecting strong market conditions and broad improvement across divisions and geographies. Equipment-division operating margin of 19.5% demonstrates solid execution, impact of strategy. Full-year earnings forecast raised to range of $5.3 to $5.7 billion. Deere & Company reported net income of $1.790 billion for the second[…]
Finnish forest machine manufacturer Logset Oy and South African forest machine dealer Green Projects have signed a dealer agreement to market and sell Logset products in Southern Africa. For Logset this means claiming an area on a new continent: Africa. Under the terms of the agreement the new dealer will provide sales, service and parts[…]
EACOM Timber Corporation has announced an investment of $7.7M to equip its Matagami sawmill with a new state-of-the-art continuous kiln (CDK). The kiln, which is expected to be fully operational by October 2021, will allow lumber to be dried 24 hours a day, without interruption, directly at the facility. “The City of Matagami is thrilled[…]
(OPINION) Forest 360 Marcus Musson – Throw away the compass captain, we’re now officially in unchartered territory. While most in the game were expecting flat to slightly increased export prices for May, there were more than a few double-takes when prices were released by export companies at around $10/JAS above April levels. This puts A grade[…]
May 4, 2021, NEW YORK – Blue Wolf Capital Partners (“Blue Wolf”), a New York-based private equity firm, today announced that it has sold The Mulch and Soil Company, LLC (“the Company”), a leading manufacturer and distributor of mulch and soil products across the Southeast region of the United States. Terms of the transaction were not disclosed. Blue[…]
Right time, right place New SERRA sawing mill at Full Tilt Timber Framing in Clancy, Montana Nate Schuele, 22 years old and a 4th generation sawyer, has a new best friend: the SL130i SERRA mobile sawmill. The previous one (another company) had to be replaced due to a motor damage. As a demonstration machine, the[…]
Adding industry-exclusive features, John Deere further demonstrates the precision of its Grade Pro (GP)–Series motor graders. Building upon the releases of Machine Damage Avoidance and exclusive Blade-Stow added in November 2020, two additional industry-exclusive features, Auto-Pass and Auto-Shift PLUS, further enhance machine capability. These fully programmable, intuitive and versatile features are ideal for any job, and[…]