Strikes shut down UPM plants in Finland
Some 3,000 workers at Finnish forestry group UPM went on strike on Saturday, shutting plants, the company said on [...]
January 3, 2022
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Ikea is hiking its prices as the supply chain crisis continues to disrupt its operations
Ikea is raising its prices by 9% on average due to supply chain challenges. An Ikea [...]
January 3, 2022
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Egger Group records strong sales growth in first half of financial year
The Egger Group has closed their H1 21/22FY with consolidated sales of €1.98 billion, a 36.5% compared [...]
January 3, 2022
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Donaldson Group to acquire Stewart Milne Timber Systems
The Donaldson Group, has acquired the UK’s leading timber frame manufacturer, Stewart Milne Timber Systems [...]
December 22, 2021
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Arauco buys 20% of Stora Enso’s stake in the company Arauco Florestal Arapoti
On December 2, 2021, Arauco Do Brasil signed and closed a transaction with Stora Enso Amsterdam B.V. whereby the [...]
December 21, 2021
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Teal Jones to build large sawmill in Louisiana
Teal Jones Group owners Tom and Dick Jones announced that the company is evaluating Bossier Parish, Louisiana, for a planned [...]
December 21, 2021
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Workers warn with strikes at UPM’s Finnish plants
Plants at UPM-Kymmene could face a workers strike as the forestry firm has not agreed [...]
December 21, 2021
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Mayr-Melnhof to acquire Swedish sawmill group Bergkvist Siljan
The Mayr-Melnhof Holz Holding Group, based in Leoben, Austria has signed an agreement on December 17th, 2021 to acquire [...]
December 20, 2021
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Finland: Junnikkala is building a new sawmill in Oulu
The sawmill company Junnikkala is building a new sawmill in the Laanila industrial area in Oulu. The new sawmill is [...]
December 20, 2021
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Canfor to acquire Millar Western Forest Products
Canfor Corporation has entered into an agreement with Millar Western Forest Products Ltd. to acquire the company’s solid wood [...]
December 17, 2021
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