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Archives: February 2022

Big swings in US lumber futures prices

US lumber futures are on another wild ride, but trading them has gotten pretty boring.    In [...]

Finnish forest technology manufacturer cancels orders to Russia due to sanctions

Kesla, a manufacturer of forest machine technology, has canceled deliveries of approximately EUR 10 million from its order backlog to [...]

Ukraine war: Supply of woodworking machinery from Germany into Russia to be reduced

Sanctions imposed by the European Union on Russia in connection with the military invasion in Ukraine have limited operations on [...]

Canfor to sell Mackenzie sawmill

Canfor Corporation is selling more assets to Peak Renewables, which is in the wood pellet production business.    [...]

Russian attack on Ukraine hits global markets

Russia’s attacks on Ukraine roiled global markets Thursday, driving up prices for crude oil and natural gas as investors [...]

Homag Group achieves highest order intake in the company’s history

In the 2021 fiscal year, the Homag Group achieved by far the highest order intake in the company's history [...]

Canadian lumber giant Interfor completes acquisition of Eacom

B.C. lumber giant Interfor has announced that the $490-million transaction, which was first disclosed last autumn, concluded on [...]