Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Wood Products / Asia & Middle East / Global
April 27, 2020
New Zealand’s forest industry could face wave of closures in coming months
New Zealand's forestry industry could face a wave of closures without Government intervention, says the Red Stag boss, a major timber company in the country. The Minister of Forestry Shane Jones has proposed a levy on exports to ensure logs went to New Zealanders first. Red Stag Timber chief executive Marty Verry said while he expected a good uptake of activity in the New Zealand's forest industry in the next two to three months, the end of the year and into 2021 is uncertain. There were ...
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