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Companies in the timber industry

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

Moelven to build a new wood pellet plant

Moelven Pellets A/S placed an order for pellet plant equipment with Hekotek. The launch of the new factory is [...]

Lowe’s to close 51 stores in the N. America

Lowe’s Companies, Inc. announced the wind-down of certain underperforming store locations as part of its ongoing strategic reassessment [...]

Kährs Group to build a wood pellet plant in Nybro, Sweden

Kährs Group is constructing a pellet plant in Nybro, Sweden. The new plant is to be operational in December [...]