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Companies in the timber industry

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 [...]

Moelven Pellets started trial production at its Sokna plant in Norway

Moelven Pellets A/S started trial production at Sokna, Eastern Norway following the commissioning of a new energy centre and [...]

Kronospan starts particleboard production at its new production facility in Alabama, US

Kronospan produced first panel at its Oxford particleboard operation in Alabama, USA on October 9, 2019.     [...]