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Companies in the timber industry

Binderholz Nordic Oy acquires planing mill and glulam factory in Finland

Binderholz Nordic Oy recently bought a planing mill and a glulam factory belonging to the Anaika Wood Group at the [...]

Mercer acquires Germany’s largest sawmill and a biomass plant from Klausner

Mercer International Inc. announced on the 21st of February that it has entered into an agreement to acquire substantially all [...]

Metsä Wood fell in sales revenue, but boosted Kerto LVL deliveries during Q4/2016

Finnish Metsä Group recently released its fourth quarter results and the “Metsä Wood” division's sales revenue fell by 1 [...]

Sharp drop in John Deere’s forestry equipment sales; outlook positive

For the first financial quarter ended January 29, worldwide net sales of John Deere increased 2 percent, to $5.625 [...]

Drax’s earnings drop 17%, but its renewable energy generation booms

UK's power giant Drax dropped 17% in earnings, reaching £140 million. Yet, the renewable energy amount it has generated [...]

Setra acquires IKEA site in Malå, Sweden

  Setra is acquiring the property Rubanken 2 from IKEA Industry Malå AB. The facility is suitable for wood [...]

Välinge: Investments of €250 million to increase wood flooring capacity by 20 million sqm

Välinge, owned by Pervanovo Invest AB, has initiated a major investment project to meet the growing demand for V [...]

Stora Enso reported 8.6% earnings increase for its wood products division in 2016

    Stora Enso's wood products divison reported 8.6% increase in earnings, reaching EUR 88 million [...]

Swedish furniture giant Ikea invests in Dutch recycling company

Home furnishers and consumer goods retailer Ikea has acquired a 15% minority stake in Dutch plastics recycling company Morssinkhof Rymoplast [...]

Former German Pellets plant in Wismar performs well with its new American owners

Just over a year ago, the German wood pellet manufacturer German Pellets applied for insolvency. Now the production at the [...]