Search Results for: timber group

Lumin, a leading timberland and forest products company, will invest ~US$ 136 million to build its third industrial plant in Uruguay, which is expected to create more than 300 jobs and significantly increase the country’s sustainable plywood production. The announcement was made this afternoon in Melo at an event attended by the President of Uruguay,[…]

The Austrian Pfeifer Holding GmbH has signed an agreement on acquiring the Finnish wood processing company Pölkky Oy. The transaction strengthens Pfeifer’s position as one of the leading European timber industry companies and prepares the producer to face global competition. The Pölkky brand, management and operations will remain untouched. Since its inception in 1968, Pölkky[…]

B.C. delegates recently embarked on the first post-COVID-19 forestry trade mission to Japan, seeking to increase market opportunities, meet with customers and partners, and encourage expanded use of B.C. wood products. “Japan is a critically important export market for B.C.’s high-quality wood products, and we are excited to engage directly and strengthen relationships with our[…]

A new managing director has been appointed for OOO Ponsse, Ponsse’s subsidiary in Russia. Jaakko Laurila, the company’s current managing director, will transfer to another position in Ponsse Group, and Mihail Menshikov will start as the new managing director. In its release issued on 28 June 2022, Ponsse announced that it has signed a deed[…]

John Deere Forestry Oy has been meeting logging customers’ needs for the past 50 years. The company’s commitment to the development of logging solutions has created many pioneering, productivity-enhancing innovations that make the customers’ work easier. At the exhibition they will showcase the 1010G, 1110G, 1210G and 1510G forwarders, as well as the 1070G harvester[…]

The expansion is expected to lead to the creation of 55 indirect jobs reports North West Democrat Gazette. Many of those indirect jobs will relate to transporting logs to the mill from the company’s timberlands and other timberlands, said Anna Torma, PotlatchDeltic vice president of public affairs. The expansion is expected to help the company[…]

Astara Capital Partners, LLC (“Astara”) announced May 24, 2022 that it has formed Camden Timbers, LLC (“Camden Timbers” or the “Company”) to acquire and restart the assets of Victory Lumber, LLC (“Victory”), a Southern Yellow Pine sawmill located in Camden, AR. Camden Timbers is Astara’s second sawmill investment in the ACP Lumber Holdings, LLC (“ACP Lumber”) platform following its acquisition[…]

St. George, South Carolina, April 28, 2022 – BID Group announces it has received an order from Claw Forestry Services to deliver its first greenfield sawmill complex project in the southern United States. Through its industry-leading wood processing technologies and integrated solutions offering, BID will manage, design, build, equip, and provide full start-up services for the[…]

Stora Enso has entered into an agreement to divest its two sawmills in Russia. The Company’s Nebolchi and Impilahti sawmills will be divested to local management. In addition, the divestment includes Stora Enso’s Russian forest operation which through its harvesting supplies wood to the sawmills. Stora Enso’s assessment is that due to the uncertainties in[…]

Finnish wood products and processing company Koskisen has chosen Leonova Diamond and Condmaster Ruby as its new condition monitoring tools at the chipboard mill in Järvelä, near Lahti in southern Finland. System implementation took place in December 2021. In competition with another supplier to replace existing instrumentation and software, SPM Instrument Finland was awarded the[…]