Sami will step down from ABB’s Executive Committee at the end of 2025 and will continue to support the Robotics business and the carve-out process in 2026 as a strategic advisor.
Leading sawmillers unite with Confor to champion UK timber.
Exports of 100,000 sticks yearly now face U.S. tariffs after $800 duty-free limit ends.
Heritage Wood Mills investing $925,000 and creating 30 new jobs.
Upon completion of the transaction, Multiply Group will hold 60.8% of ISEM, while Peninsula Capital and minority investors will own the remaining 39.2%.
Recognized for his expertise in operations, engineering, and organizational leadership, Ben Brydges is known for building strong teams, driving innovation, and delivering products that set industry benchmarks.
The acquisition strategically positions AHF as a fully integrated U.S. manufacturer across all major hard surface flooring categories, including the fast-growing rigid core segment.
Stephen R. Scherger succeeds Michael Casamento, who after ten years as Amcor’s Chief Financial Officer has decided to return home to Australia to be closer to his family on a full-time basis and will leave the Company as a result.
The delivery features Jartek’s latest automation solutions, including automated stick quality grading and the AR-HUB system, setting a new benchmark for efficiency and quality in sawmill operations.
With this strategic milestone, Accoya, the high-performance, sustainable wood, celebrated for its durability and dimensional stability, is now directly distributed in the three largest North American markets: the United States, Canada, and Mexico.
The newly established Pfeifer Timber UK Ltd. will in future supply both existing customers and new target groups more quickly and efficiently – initially with high-quality sawn timber from its Finnish subsidiary brand Pölkky.
The line now produces 100% plastic-free, biodegradable CP wipes with a yearly capacity of about 20,000 tons.
The 15-year FRM averaged 5.53%, down from last week when it averaged 5.55%.
The price for wood furniture increased 1.2%.
New partnership with NGIS supports satellite monitoring of forest carbon and health indicators in Drax’s biomass supply chain.
Facility near Hanoi will improve delivery agility and support growth in high-demand end-use segments.