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Companies in the timber industry

One Canfor shareholder to oppose takeover offer

One of Canfor Corporation’s shareholders says it will oppose the pending acquisition of the remaining Canfor shares by Great [...]

Homag Group shuts down Hemmoor plant in Germany

Homag Group’s Supervisory Board approved shutting down production at its Hemmoor site, Germany, effective December 31, 2020. Homag has [...]

Russia: Top 10 wood pellet producing companies

Analysts estimate that currently 10 large wood pellet producers manufacture more than 60 percent of total Russian wood pellet production [...]

Canadian mills’ problems drive up lumber prices in U.S.

Beetles, tariffs and mill closures have cut into Canada’s share of the U.S. lumber market, lifting prices by [...]

Largest hardwood producer in US closes two sawmills this month as trade war impacts industry

Tacoma, Washington-based Northwest Hardwoods will close its Mount Vernon, Washington and Maury River, Virginia mills in November, laying off [...]

Vietnam: Growing opportunities to forge new wood products business links in the US

Vietnam’s exports of wood products increased significantly in the first 9 months, most notably exports to the US rose [...]

Swedish Martinsons plans to increase the production of wood products, glulam and CLT

Martinsons announced a SEK 120 million (EUR 11.1 million) investment in its sawmill plants in Bygdsiljum and Kroksjön [...]

Canfor to back Jim Pattison’s billion-dollar takeover bid

A special committee of Canfor’s board has approved an almost $1-billion offer from a Jim Pattison company to [...]

Finland: Forestry giants Stora Enso and UPM report declining profits in Q3/2019

Finland's forestry giants, Stora Enso and UPM, have reported declining profits and smaller production output for the third quarter [...]

Russia: Segezha Group to start production at its 250 thousand m2/yr CLT plant in September 2020

Segezha Group timber industry holding will build a plant on the basis of Sokolsky DOK to produce engineering material new [...]