Glennon Brothers & Balcas Timber invest in USNR equipment upgrades at the Enniskillen mill
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Glennon Brothers & Balcas Timber invest in USNR equipment upgrades at the Enniskillen mill
October 4, 2022

USNR is to supply a new Shape Chipper Canter with profiling, Bandmill Monitoring Systems for 10 bandmills, and a Multitrack Fence for the trim line at the Balcas Timber mill in Enniskillen, Nothern Ireland. This mill is now owned by Glennon Brothers and the new equipment will improve processing accuracy, produce more volume, and facilitate delivery of higher quality products to market. Glennon Brothers[…]

BID to deliver new state-of-the-art Turnkey Composite Pallet Block Facility for ArbaBlox Inc.
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BID to deliver new state-of-the-art Turnkey Composite Pallet Block Facility for ArbaBlox Inc.
October 4, 2022

BID Group has announced a new partnership with ArbaBlox Inc. to build its first state-of-the-art turnkey composite pallet block plant in Winona, Mississippi.  Through its industry-leading wood processing integrated solutions offering, BID will manage, design, build, install, and provide start-up services for the $53 million project, the largest of its kind in the country. The[…]

Stella-Jones signs agreement to purchase wood pole manufacturing business of Texas Electric Cooperatives, Inc.
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Stella-Jones signs agreement to purchase wood pole manufacturing business of Texas Electric Cooperatives, Inc.
September 20, 2022

Stella-Jones Inc. (TSX: SJ) (“Stella-Jones” or the “Company”) has announced that it has entered into a definitive agreement to purchase substantially all the assets employed in the wood utility pole manufacturing business of Texas Electric Cooperatives, Inc. (“TEC”) for a total purchase price of US$28M plus inventories of approximately US$4M. Stella-Jones signs agreement to purchase[…]

New Forests completes acquisition of over 100,000 acres of Northern California Forests
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New Forests completes acquisition of over 100,000 acres of Northern California Forests
June 7, 2022

New Forests, a global investment manager of nature-based real assets and natural capital strategies, has announced the purchase on behalf of institutional investors of an approximately 108,000-acre forestry estate in Northern California from The Michigan-California Timber Company (MCTC). The estate consists of productive mixed conifers, including fir and pine, in the Mount Shasta region, and[…]