Imagine planting by hand more than 5.5 million trees. That’s exactly what the team at OneFortyOne have just done with the replanting season finishing last week across its Green Triangle forests. For one man, OFO’s Terry Higgins, this season marked an important milestone as it was the second time he has replanted trees on this[…]
Timberlink has approved an AU$100 million upgrade program to its Australian sawmills. This generational investment will see the total processing capacity of the Australasian sawmilling company increase by more than 15%. The investment will secure more than 1350 direct and indirect jobs in regional Australia for years to come while supporting the residential housing sector[…]
Ponsse’s products launched at FinnMETKO 2018 PONSSE’S products and services that improve productivity and profitability will have an exceptionally strong presence at the FinnMETKO trade fair in Jämsä, Finland. The PONSSE Bison forwarder and PONSSE Cobra and Fox harvesters will be launched at the fair. These products will complement Ponsse´s already extensive machine range. The[…]
Caterpillar, Inc. (NYSE: CAT) has announced that it has entered into a preliminary agreement with Weiler, Inc. to sell the Cat® purpose-built forestry business. The sale is subject to negotiation of a final agreement, the closing of which is expected by early 2019. “We remain committed to supporting our forestry customers and the forestry industry,”[…]
A Multi-Talented Machine For Many Cutting Methods The new PONSSE Cobra harvester is a versatile and efficient tool for varying conditions. Thanks to its adaptability, it is right at home for both thinning and clear cutting. An eight-wheel all-round machine, PONSSE Cobra is a good addition to a group of several machines thanks to its[…]
EDITOR’S COMMENT ISSUE 64 AUG/SEPT 2018 Canada big winner in trade war Not so long ago, I used this space to bemoan what I felt was the short-sightedness of US President Donald Trump in starting a trade war in his effort to wrestle back global market share. My view had been that playing what amounts to[…]
A surge in lumber prices and modest increases in sawlog costs have resulted in record profits for many lumber companies in North America and Europe in 2018, reports the Wood Resource Quarterly. Sawlog costs, the largest cost component when manufacturing lumber, have gone up much more slowly than lumber prices in many countries during the[…]
Hannover/Irkutsk In just a few weeks, SibWoodExpo will be opening its gates at the SibExpo Centre in the city of Irkutsk, Russia. This year marks the first time that the trade fair will be co-organized by Deutsche Messe AG’s Russian subsidiary, Deutsche Messe RUS, and Sibexpocentre OJSC. From 11 to 14 September, the event will[…]
Ponsse’s consolidated net sales for the 1H 2018 amounted to Euro 291.1 million, which is 12.5% more than in the 1H 2017. The operating result amounted to Euro 29.5 million, compared to Euro 28.2 million in the 1H 2017. The operating result equalled 10.1% of net sales for the period under review. Consolidated return on[…]
Conifex Timber Inc. reported results for the 2Q ended June 30, 2018. EBITDA in the 2Q 2018, which excludes countervailing and anti-dumping duty deposits of $8.2 million, was a record $20.8 million, compared to $9.3 million in the 1Q 2018 and $10.2 million in the 2Q 2017. Revenues totaled $200.3 million in the 2Q 2018,[…]