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Februar 23, 2018

Canfor reported operating income of $214.2 million for 4Q 2017, up $108.8 million y-o-y

Canfor reported operating income of $214.2 million for the fourth quarter of 2017, up $108.8 million from reported operating income of $105.4 million for the third quarter of 2017, with the increase reflecting higher operating earnings for both the lumber and pulp and paper segments. Lumber segment ...
Februar 22, 2018

Ence's FY 2017 net profit soared 139% to Euro 91.8 million

Finance197  
Ence - Energía y Celulosa - achieved a net profit of Euro 91.8 million in 2017, or 138.6% more than Euro 38.5 million in 2016, and earnings per share grew by 142.4%. Ence's EBITDA increased by 72% to reach Euro 216 million, as the company said in the press release received by Lesprom Network.Ignacio...
Februar 22, 2018

Atlas Engineered Products acquires Clinton Roof Truss in Canada

Atlas Engineered Products has completed its acquisition of Clinton Roof Truss Ltd. (“Clinton”). During its fiscal year ended December 31, 2017 Clinton achieved EBITDA* of $674,180 on sales of $3,565,798. The $2.6 million purchase price paid for the Clinton includedworking capital of approximately $7...
Februar 23, 2018

Samko Timber’s CFO and Head of Finance and Accounting Division resigns

Samko Timber Limited announced the resignation of CFO and head of Finance and Accounting Division. Ms Ronawati Wongso has tendered her resignation as the CFO and Head of Finance and Accounting Division and her resignation would take effect on 1 March 2018, as the company said in the press release re...
Februar 23, 2018

RemaSawco to upgrade log sorter at Gällö Timber AB in Sweden

RemaSawco to upgrade the log sorter at Gällö Timber ABThe order is for a comprehensive reconstruction of the log sorting unit. The order value is SEK 2 million ($250,000). Delivery and commissioning is scheduled for May of 2018, as the company says in the press release received by Lesprom Network.Th...
Februar 23, 2018

USNR acquires Mid-South Engineering

USNR has completed the acquisition of Mid-South Engineering Co., the leading consultant and provider of engineering services to the wood products industry in North America, as the company said in the press release received by Lesprom Network.In order to further develop USNR’s turn-key capabilities a...
Februar 22, 2018

Sumitomo Forestry to build 350-metre wooden skyscraper in Tokyo

Japanese company Sumitomo Forestry plans to build the world's tallest wooden skyscraper in Tokyo in 2041. The 350-metre building will mark the company's 350th anniversary. The construction of this building will require 185,000 m3 of wood and will cost 600 billion yen ($5.6 billion). The aim is to cr...
Februar 22, 2018

In 2018, Dieffenbacher to complete four record-setting wooden panel plants

German plant manufacturer Dieffenbacher expects 2018 will be the one of its busiest and most significant years ever based on the completion of record-setting wood-based panel plants. In Grayling, Michigan, USA, Arauco will start production on the largest particleboard press in North America ...
Februar 23, 2018

Canfor to build US$120 million sawmill in Washington, Georgia

Canfor Corporation announced the construction of a new sawmill in Washington, Georgia. The new sawmill, which will cost approximately US$120 million and have a production capacity of 275 million board feet, will employ best-in-class mill technology, capitalizing on an excellent fibre resource in the...
Februar 23, 2018

Roseburg Forest Products announces changes to executive team

Roseburg Forest Products has named Ashlee Cribb as Vice President of Structural Products, with responsibility for the sales and manufacturing of Roseburg’s engineered wood products, softwood plywood and lumber businesses, company said in a statement. In a related move, Mark Avery, current Vice Presi...
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