Lumber - Market news and analysis

February 16, 2018

NYTimber and Thornbridge merge to form an enlarged timber group in the UK

Thornbridge, a leading Scottish timber processing and distribution company, and North Yorkshire Timber (NYTimber) are announce that the two businesses have merged to form an enlarged timber group, supported by further investment from Cairngorm Capital Partners LLP. This transaction is the next step ...
February 16, 2018

Deltic Timber’s 4Q net sales improved to $72.1 million

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Deltic Timber Corporation’s 4Q 2017 net sales totaled $72.1 million, compared to $58.5 million for 4Q 2016, as the company said in the press release received by Lesprom Network.4Q net income was $.2 million, or $.02 per diluted share for the 4Q 2017, compared to net income of $3.1 million, or $.26 p...
February 15, 2018

Holmen's 4Q operating profit decreased to SEK 421 million ($53.3 million)

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Holmen's operating profit for 2017 amounted to SEK 2 166 million ($274 million), compared to SEK 2 162 million ($273 million) in 2016. Deliveries of paperboard, paper and wood products increased and the sales mix improved, but this was offset by higher costs for input goods and shipping, as well as ...
February 15, 2018

Metsä Group’s sales grew by 8% in 2017

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Metsä Group’s sales in 2017 totalled EUR 5,040.0 million, compared to Euro 4,657.9 in 2016. Sales grew by 8% from 2016. The growth was mainly due to higher delivery volumes and the higher sales price of pulp, as the company said in the press release received by Lesprom Network.FY 2017 comparable ope...
February 15, 2018

LignaTerra to build $30 million cross-laminated timber plant in Maine

LignaTerra will build a $30 million Cross-laminated timber (CLT) and other mass timber products plant in Millinocket (ME, United States). The company will open its new facility at the mill site owned by Our Katahdin, Inc. The move is slated to bring over 100 direct jobs. Company plans to start produ...
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