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Companies in the timber industry

Western Forest Products acquires Columbia Vista

Western Forest Products announced that a wholly owned subsidiary of Western has entered into an agreement to acquire the assets [...]

IKEA accelerates transformation as to meet unprecedented scale change of retail trade

The Ingka Group (Ingka Holding BV and controlled entities) is speeding up its transformation plans. The company plans to invest [...]

Södra to close parquet flooring plant in Sweden

Södra is initiating a process to close down Berg & Berg in Kallinge, Sweden. Trade union negotiations will begin [...]

Georgia-Pacific completes $100-Million lumber facility in Alabama

Georgia-Pacific celebrated the official start of production at its newest lumber facility in Talladega, Alabama. The $100-million, 300 [...]

Canfor to remain committed to BC, despite recent European acquisition, CEO says

Canfor has reach an agreement to buy 70 per cent of Vida Group for about $580 million. The privately-held [...]

Stora Enso prepares for oversupply in the sawn timber market; layoffs in plan

Finnish-Swedish forest industry company Stora Enso is preparing for oversupply in the sawn timber market.     [...]

Norra Timber invests in new continuous kilns in Sweden

Norra Timber is currently modernising its kiln capacity with two new energy-efficient cross-circulation continuous kilns, also known as [...]

Georgia-Pacific to close plywood mill

Georgia-Pacific announced plans to close its Warm Springs plywood production facility, resulting in the loss of about 300 jobs [...]

Armstrong to sell its Wood Flooring segment for US$ 100 million

Armstrong Flooring, Inc. has entered into a definitive agreement to sell its Wood Flooring segment to an affiliate of American [...]

Canadian lumber companies in trouble: high log prices and low supply cause production curtailments

Hundreds of sawmill workers are being laid off in B.C., some of them permanently, despite recent record profits made [...]