With an investment program at its own location in Incukalns (Latvia), the Rettenmeier Group will expand the plant significantly over the next few years, increase the depth of added value and create additional jobs. In the course of 2022 a new log yard and a new sawing line with a capacity of more than 1[…]
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.[…]
Treaty 6 Territory, SK — Pelican Lake First Nation, Witchekan Lake First Nation, and Tolko Industries Ltd. (Tolko) have announced the launch of Kitaskinaw Enterprises Ltd. (Kitaskinaw), which enhances the ability for Pelican Lake and Witchekan Lake First Nations to further their expertise as a logging contractor and develop future business opportunities in sustainable forestry. Kitaskinaw,[…]
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[…]
A legacy Lunden-brand stacker is due to receive major technology updates to improve its performance and reliability, and bring it up to today’s standards in a most effective manner to maintain high production. The existing stacker was installed in 1991 and has offered many years of reliable performance. Newer electric servo actuation technology is now affording[…]
The development of the pandemic has certainly impacted all the economic trends, including the machines, tools and equipment for woodworking and furniture production. This trend has some “peculiarities” that have been clearly identified in the analysis by the Studies Office of Acimall, the association of industry companies, about the first half 2021. In the January-June[…]
Metsä Group press release 16 September 2021 at 10 a.m. Metsä Group is planning to build a new Kerto® LVL plant in its expanding factory area in Äänekoski. The actual investment decision requires the completion of the town plan for the area. The value of the investment would be approximately EUR 200 million. The annual[…]
The Keravanjoki Community Centre, commissioned by the City of Kerava, is to be completed in the autumn of 2021. The construction of the building was realised with the alliance model and adaptability, health factors and low energy costs were key considerations in its design. Wood is used in both the building’s facade and interior spaces.[…]
Segezha Group PJSC (‘Segezha Group’ or the ‘Company’, MOEX: SGZH), a Sistema company and one of Russia’s leading vertically integrated timber holding companies with a full cycle of logging and deep wood processing, has reported increased pellet production and export to EU countries. In the first half of 2021, KsyloTech-Siberia, the Company’s pellet asset in[…]
Segezha Group, (“Segezha Group” or “the Company”, MOEX:SGZH, a Sistema Company), a leading Russian vertically integrated holding company in the forest industry performing a full cycle of operations from logging to advanced wood processing, produced almost 98,000 m³ of plywood in the first half of 2021 at its Vyatka Plywood Mill, up 2,000 m³ YoY.[…]