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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[…]

On June 1, 2021, Scott Dane will officially become the next Executive Director for the American Loggers Council (ALC), replacing the retiring Danny Dructor who has been with the ALC since July of 2001. Mr. Dane brings with him a vast amount of experience working with timber harvesting and timber hauling associations having been the[…]

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[…]

Tidewater has been in the business of selling and servicing heavy equipment since 1947, establishing a footprint from North Carolina to Alabama “We are excited to add the Tigercat line-up to our Tampa, Florida location,” says branch manager Mike Collins. “This will help all of our southern Florida customers get the best equipment, parts, and[…]

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[…]

EDITOR’S COMMENT ISSUE 80 APR / MAY 2021 ???

John Deere has announced a preferred supplier agreement with engcon, a tiltrotator manufacturer. As a part of the agreement customers can purchase select engcon tiltrotators through John Deere construction and compact construction equipment dealers and Hitachi excavator dealers, starting in the U.S. and Canada in the second half of 2021. Tiltrotator models ranging from the EC204 up to the[…]

The first of two new Continuous Drying Kilns (CDK) was launched last week, replacing old batch kilns with more efficient and environmentally conscious biomass fuelled system. OneFortyOne Jubilee Sawmill General Manager Paul Hartung said the kilns will produce higher-grade timber, with less energy and less downtime.“As the name suggests, the Continuous Drying Kilns operate nonstop,[…]

Europe’s pellet industry is the largest in the world and is expected to continue to grow strongly, at least until 2025. The key factors driving this increase include: ·       EU has ambitious and rising targets for renewable energy supply, ·       Biomass will play an important role in meeting those targets, ·       Pellets offer several advantages over other forms[…]

New, comprehensive, online tool helps landowners build their biodiversity and net zero carbon strategies, as well as navigate post-EU subsidy regimes. (Oxford, March 2021) New tools help to identify and measure the natural capital of assets to develop future carbon strategies and access post-Brexit environmental subsidies. As landowners, estate managers, renewable energy and traditional farm[…]