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HNI announces retirement of Stan A. Askren and appointment of Jeffrey D. Lorenger

HNI Corporation announced the retirement of Stan A. Askren and the promotion of Jeffrey D. Lorenger as President, HNI Corporation and the election of Mr. Lorenger to the Board of Directors of HNI Corporation. Mr. Askren informed the Board he expects to retire as Chief Executive Officer and Chairman ...
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Roseburg names Pete Hancock as Roanoke timberlands manager

Roseburg announced that Pete Hancock has accepted the position of Roanoke Timberlands Manager, effective May 7, 2018. In this role, Hancock will oversee the day-to-day harvest and land management activities on Roseburg’s 158,000-acre fee land base in North Carolina and Virginia. A 2001 graduate of V...
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Smart Planet Technologies launches reCUP Recycling Initiative

Smart Planet Technologies has launched the first reCUP Recycling Initiative with support from Southern California based recycling partners, Allan Company, a materials recovery facility (MRF) and Replenysh, a closed-loop collection platform provider.“Allan Company is pleased to partner with Smart Pla...
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Horizon Forest Products expands two Raleigh, North Carolina, operations

Horizon Forest Products expanded two of its Raleigh Operations, Raleigh Flooring Division and Raleigh Reload Center, by relocating the Raleigh Reload Center from Commodity Parkway to its new home at 825 Management Way in Garner, North Carolina.With the Reload Relocation, the Raleigh Flooring Branch ...
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Lars Idermark elected Chairman of the Swedish Forest Industries Federation

At its Annual General Meeting, the Swedish Forest Industries Federation elected Lars Idermark, President of Södra, as its new Chairman.Lars Idermark said: “The contribution that forests and the forest industry make to the Swedish economy and welfare system is invaluable. Every day, it generates jobs...
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FRP uses the INFLOR Forest to manage its forest assets

Florestal Rio das Pedras (FRP) has chosen the INFLOR Forest system to improve the management of its forest assets, and is using the tool since January. FRP boasts 22 thousand hectares of plantations distributed in 40 thousand hectares of areas in the municipalities of Santa Cecília, Ponte Alta do No...
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UFPI 1Q net earnings up 56% to $32.8 million

Finance114  
Universal Forest Products, Inc. (UFPI) reported record financial results for the 1Q ended March 31, 2018, the eleventh consecutive quarter in which the company has reported records in both net sales and net earnings.1Q 2017 net earnings were $32.8 million, up 56%. EBITDA, which excludes the net gain...
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Siempelkamp to supply MDF line to AGT in Antalya, Turkey

Siempelkamp concluded a contract with Göttinger GIM Export Group for a second MDF line for the Turkish wood-based panel manufacturer AGT based in Antalya. The order for the new line also includes the supply, installation, and startup supervision for the fiber dryer and energy plant by Siempelkamp’s ...
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West Fraser's CEO Ted Seraphim to retire in 2019

West Fraser announced Ted Seraphim’s plan to retire as CEO at the end of the 2Q 2019. West Fraser also announced the appointment of Ray Ferris, Executive Vice-President and Chief Operating Officer, as President and Chief Operating Officer effective immediately. Ray will be appointed CEO upon Ted’s r...
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Smurfit Kappa Piteå installs ContainerEye from PulpEye

The kraftliner mill Smurfit Kappa Piteå in Sweden is the first customer to install ContainerEye, a blue tidy container with a PulpEye cabinet equipped with modules for kappa number, crill, fibre and shives analyses. The ContainerEye is a turnkey delivery ready to connect with sample points, water, e...
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