Hiab, part of Cargotec, has secured an order for close to 40 LOGLIFT F96ST forestry cranes from Russia. The customer is ULK, a group of Russian companies specialised in logging, deep wood processing and disposal of waste lumber. The value of the order exceeds EUR 1 million and it has been booked into Cargotec’s third-quarter[…]
New Zealand’s commercial drone manufacturers are successfully finding niche markets as the potential for the unmanned flying machines takes off. While unable to compete on price with large Chinese drone makers, several Kiwi companies are finding specialised uses for drones, which are already saving business time and money. Currently, 70 per cent of commercial drones[…]
Of all the business sectors in B.C. affected by this summer’s forest fires, one of the hardest hit is – for obvious reasons – the forestry sector. In what government officials say was the worst forest fire season on record, fires have scorched 1.19 million hectares in B.C. reports biv.com. It’s still not known what[…]
The significance of Siempelkamp’s expertise in the wood-based materials industry was again affirmed by a new order from Asia.The Chinese company Nanning Shuixin Ketien (SciSky) ordered a particleboard line to become established in a new area of wood-based materials. The order for the particleboard plant includes the forming and press line with a 9th generation[…]
John Deere North America has announced the latest addition to its forwarder lineup, the 1910G Forwarder. The largest model in the John Deere forwarder line, the 1910G offers operators the power and efficiency needed to tackle tough jobs, even on difficult terrain. The 1910G machines are equipped with a Final Tier 4 200kW/268 horsepower engine.[…]
John Deere has announced three upgrades to its powerful Forwarder line. The 1110G, 1210G and 1510G models feature new engines, control modules, simpler CAN busses and a streamlined electrical system, providing loggers with the power and precision needed for tough jobs in the woods. A key feature on the G-Series models is adaptive driveline control,[…]
The forestry sector says its growth is being unfairly squeezed by competition from subsidised overseas rivals. Log prices may be good, but foresters say they will struggle to reach bullish export growth targets over the next five years because of subsidies paid to overseas rivals, which may be challenged through the World Trade Organization (WTO).[…]
Forest owners have been paying Whanganui District Council rates for 25 years and all they want in return is the roads to bring their logs out, Peter Lissington says. He works for New Zealand Pine Management, which has 7,000ha of forest in the Whanganui District. It began planting in 1994, with the council and central[…]
Conifex Timber Inc. reported results for the 2Q ended June 30, 2017. Adjusted EBITDA in the 2Q 2017, which excludes countervailing duty (“CVD”) deposits of $4.6 million, was a record $14.8 million, compared to $6.1 million in the 1Q 2017 and $9 million in the 2Q 2016. Revenues totaled $116.4 million in the 2Q 2017,[…]
Motion Industries, Inc., a wholly owned subsidiary of Genuine Parts Company, announced today that it has entered into a definitive agreement to acquire Numatic Engineering. Execution of the transaction will occur on August 1, 2017. Founded in 1955, Numatic Engineering has over sixty years of experience selling and supporting automation components. Their vast product offering[…]