Search Results for: timber group

James Jones & Sons Ltd has announced the acquisition of GT Timber Ltd, the holding company of Taylormade Timber Products Ltd and Kerr Timber Products Ltd which operate sawmills at Sherburn Hill, Durham and Annan respectively. The acquisition will increase James Jones & Sons Ltd’s annual sawn output to 800,000m3 thereby consolidating its position as[…]

On 25 February, Segezha Group President Mikhail Shamolin visited Sokol in Vologda Oblast to oversee the grand opening of Segezha Group’s cross-laminated timber (CLT) plant. The plant is the first industrial-scale production facility to manufacture the innovative building construction material. The factory is located at Sokol Woodworking Plant (S-DOK JSC), a leading producer of laminated[…]

Metsä Fibre, part of Metsä Group, has made the investment decision to build a new bioproduct mill in Kemi, Finland. The value of the investment is EUR 1.6 billion and it is the largest investment ever made by the Finnish forest industry in Finland. The construction phase will take approximately two and a half years, and the mill will be completed during the third quarter of 2023. In[…]

PotlatchDeltic has selected BID Group’s OPER8 ™ as its Industrial IoT (‘IIoT’) Solutions Platform.  OPER8 ™ is the only purpose-built IIoT solution for the Wood Processing Industry. Wrapping around and extending through new and legacy equipment, technologies, and systems, OPER8™ was designed for rapid implementation to provide a “single pane of glass” view into all aspects of operational[…]

Every year, Ponsse rewards the most merited companies from among the Group’s 32 PONSSE retailers. In 2019 Brazilian Timber Forest, a company with a strong focus on customer service, was recognised as the retailer of the year. Timber Forest, the PONSSE retailer of 2019, has been Ponsse’s retailer since 2015. It operates in Southern Brazil,[…]

Weyerhaeuser Company has entered into two distinct agreements to purchase timberlands from and sell timberlands to funds managed by Hancock Natural Resource Group (HNRG), a Manulife Investment Management company. The company is purchasing approximately 85,000 acres of timberlands in mid-coastal Oregon in one transaction, and selling 149,000 acres of timberlands in southern Oregon in a[…]

The oldest family owned lumber company in Montana, F.H. Stoltze Land and Lumber Company has announced that they are joining forces with a group of key partners to form Stoltze Timber Systems, Inc. to build North America’s first mass timber production facility aimed at using small-diameter trees to build large format, cross-laminated timber panels. Currently,[…]

The Forestland Group has appointed Tommie Herbert as Director of Investor Relations. She will be responsible for new product development, investor outreach, and relationship management. Her background includes a combination of conservation finance, forestry, and ecosystem markets research. Most recently, she served as the National Conservation Finance Lead at the USDA Forest Service headquarters in Washington D.C.[…]

In 2020 Segezha Group (part of Sistema JSFC) will spend around RUB 10.5 million on restoration of forest crops in Kirov Oblast. Employees of Vyatsky Plywood Mill, the holding’s asset, will plant about 775.5 thousands of fir and pine seedlings from the local forest nurseries across the area of 258.5 hectares. Other activities are scheduled to[…]

The Belarussian wood processing industry will become more competitive following the construction of a new timber sawmill in south Belarus being supported by the European Bank for Reconstruction and Development (EBRD). A new privately-owned sawmill will be constructed by Kaamos Timber on a brownfield site near one of the country’s oldest towns Mozyr. A 7-year[…]