Forklift manufacturer and material handling solutions provider Combilift has officially opened its new global headquarters and manufacturing facility in Monaghan, Ireland. Celebrating its 20th anniversary this year, the company also announced that it will be significantly expanding its workforce with the creation of 200 new jobs in the next three years. Speaking at the opening[…]
Heinola Sawmill Machinery is to replace the secondary breakdown of Stora Enso Veitsiluoto Oy’s sawline with a new RG-406 rotary gang, including infeed and outfeed equipment. This forms part of ongoing purposeful sawline development work, involving replacing the old control-based saw with a modern, double-arbor version. The sawline allows for active curve-sawing, an increase in[…]
Pinnacle Renewable Holdings Inc. has entered into a long-term, take-or-pay off-take contract with Ube Industries Ltd., a diversified Japanese conglomerate with annual revenues of approximately $6 billion. Under the terms of the contract, Pinnacle will supply 70,000 metric tons per annum of industrial wood pellets to Ube beginning in late 2019. “Japan has made a[…]
West Fraser increased operating earnings in Q1 2018 by 44.8% YoY to $265 million, company reported. The sales have grown up 14.8% to $1,364 million. The lumber segment generated operating earnings of $189 million (Q4-17 – $232 million) and Adjusted EBITDA of $282 million (Q4-17 – $258 million). According to company, Q1 2018’s results were[…]
Favorable export markets in 2017 formed a steady growing demand for the main wood based products in Russia, according to the report ‘Russian Forest Based Industries in 2017’. At the same time, the turn of the Russian economy from a recession to growth (GDP grew by 1.5%) led to a revival of demand for products[…]
The Beck Group (Beck) and Forest2Market, Inc. today announced a partnership to launch Sawmill TQ (Top Quartile), a new service for gathering and delivering Southern Yellow Pine sawmill benchmark data to industry members. The partnership combines Beck’s sawmill benchmarking experience and knowledge with Forest2Market’s SilvaStat360 cloud-based interactive business intelligence platform. Sawmill TQ subscribers will have[…]
Pinnacle Renewable Holdings Inc. (“Pinnacle” or the “Company“) (TSX: PL) today announced that it has entered into a long-term, take-or-pay off-take contract with Ube Industries Ltd. (“Ube”), a diversified Japanese conglomerate with annual revenues of approximately US$6 billion. Under the terms of the contract, Pinnacle will supply 70,000 metric tons per annum of industrial wood[…]
In 2017, Tigercat developed and released its most compact skidder platfrom, the 602 series. The prototype 602 skidder was sent to France last summer to be fitted with a Belgian designed and manufactured swing boom for use in mountain regions of Europe. Now the 602 is available as a cable skidder suited to pockets of[…]
Ponsse presents the new loader for Elephant and ElephantKing forwarders. The completely new Ponsse K121 loader offers a new level of efficiency and speed for load handling in tough conditions. The new PONSSE K121 loader extends Ponsse’s loader series to a completely new size range. The new loader combines high slewing torque and lifting power,[…]
Caterpillar announces the launch of two new Cat® Forest Machine models, the 548 and the 548 LL. These machine platforms increase profitability for loggers by maximizing efficiency, increasing production, and reducing owning and operating costs. The Cat 548 and 548 LL and other 500 series Forest Machine models meet U.S. EPA Tier 4 Final emission[…]