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Companies in the timber industry

Austrian Pfeifer Group to double its CLT capacity

The Austrian Pfeifer Group is increasing its production capacity to 100,000 m³ cross laminated timber (CLT) annually with the [...]

Louisiana-Pacific to convert Houlton OSB mill

Louisiana Pacific Corp., (LP) has announced it is making an investment of approximately $150 million into its Houlton mill to [...]

Lumber prices in US hit record despite slowdown in sales

Western SPF (spruce, pine, fir) lumber prices rose to a four-digit close for the first time on Tuesday, reaching [...]

Valutec sees rising demand from sawmills in Central Europe

  The last six months' sales to Germany and Austria amount to an order value of just over EUR [...]

German woodworking machinery industry expects growth in sales in 2021

Despite the second lockdown and the associated restrictions, the German Woodworking Machinery Association still sees good chances for a rebound [...]

The European Investment Bank provides EUR200 million loan to Metsä’s Kemi bioproduct mill

The European Investment Bank (EIB) has signed a Euro 200 million loan agreement with Metsä Fibre Oy for its investment [...]

Metsä Group to build largest wood processing plant in northern hemisphere

The new bioproducts mill will be the largest single investment ever made by the forest industry in Finland.   [...]

Kronospan wants to invest 100 million euros in the Steinheim-Sandebeck site in Germany

The wood-based panel producer Kronospan wants to massively expand its location in Steinheim-Sandebeck, Germany. Kronospan plans investments totaling [...]

US homebuilders urge Biden to help ease skyrocketing lumber prices

The biggest U.S. homebuilders group urged the Biden administration to help increase lumber supply, saying record-high costs threaten [...]