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 [...]
November 16, 2018
Companies in the timber industry / Daily News / Global Trends / Wood Products / Wood-based panels / Global / North America
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 [...]
November 16, 2018
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Wood Products / Global / North America
Singapores’s Sudima to build a $200 million wood processing complex in Russia’s Far East
Singapore's KGK Sudima International Pte Ltd plans to open a high-tech wood processing complex in the Russian Far [...]
November 16, 2018
Companies in the timber industry / Daily News / Global Trends / Lumber / Sawmilling / Wood Products / Asia & Middle East / Global / Russia
Resolute cuts production capacity by 10%
Montreal-based Resolute Forest Products Inc. has decided to curtail production at many of its sawmills during the fourth quarter [...]
November 16, 2018
Companies in the timber industry / Daily News / Forestry / Lumber / Sawmilling / Global / North America
Merger to create UK’s largest independent timber distribution company
Arnold Laver & Co and The National Timber Group have merged to create a timber distribution business with combined revenue [...]
November 16, 2018
Companies in the timber industry / Daily News / Lumber / Sawmilling / Europe / Global
Canfor comes to Europe; acquires 70% of Swedish sawmill company VIDA
Canfor Corporation announced that it has entered into an agreement to purchase 70% of the VIDA Group of Sweden for [...]
November 16, 2018
Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Pulp & Paper / Sawmilling / Wood Products / Europe / Global
Södra buys 111,100 ha of forest land in Latvia
The Swedish Södra Group has this week acquired forest land from the Swedish Bergvik Skog AB. Bergvik Skog AB [...]
November 15, 2018
Companies in the timber industry / Daily News / Forestry / Europe / Global
Enviva to expand wood pellet capacity
Enviva Partners LP has released third quarter financial results, reporting increased revenue, net income and gross margin. The company also [...]
November 14, 2018
Companies in the timber industry / Daily News / Wood pellets / Wood Products / Global / North America
Italian woodworking machinery industry’s foreign sales drop sharply in Q3/2018
For the Italian woodworking machinery sector, the July-September period reaffirmed the current industry trend, characterized by consolidation after strong [...]
November 14, 2018
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Sawmilling / Wood Products / Wood-based panels / Woodworking machinery / Europe / Global
West Fraser to permanently reduce lumber production at Fraser Lake and Quesnel sawmills
West Fraser announced it will permanently curtail approximately 300 million board feet of combined lumber production at its Fraser Lake [...]
November 14, 2018
Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Sawmilling / Wood Products / Global / North America