Woodworking news

13 hours ago

Swedish Forest Agency: The notified area of final felling increased by 4% in July

The total area of notified area of final felling in Sweden increased both in June and July, compared to corresponding months of last year. These are the largest increases in the summer months since 2011-2012, as the Swedish Forest Agency says in the press release received by Lesprom Network.Notified...

13 hours ago

Sumitomo Forestry acquires 60% equity interest in the United States Mark III Properties, LLC

Acquisitions, Mergers and Takeovers103

Sumitomo Forestry has acquired a 60% equity interest in the United States Mark III Properties, LLC (Mark III) through its wholly-owned subsidiary, Sumitomo Forestry America, Inc., as the company says in the press release received by Lesprom Network.The Sumitomo Forestry Group cited diversifying reve...

13 hours ago

Japan’s imports of wooden bedroom furniture increased by 14% in May

International Trade118

Unexpectedly, Japan’s imports of wooden bedroom furniture surged in May reversing two months of declines. The value of May imports of wooden bedroom furniture was up 21% compared to April and year-on-year May 2018 imports were 14% higher, as ITTO reported.The top three shippers of wooden bedroom fur...

13 hours ago

Ghana’s wood product exports up 24% in January -May 2018

Sales and Markets113

Ghana exported a total of 144,300 cubic metres of wood products between January and May 2018 to register a 24% growth when compared to 116,952 cubic metres exported in the same period in 2017. Total export revenues for the first five months of 2018 also improved, rising 38% to Euro 86.32 million fro...

14 hours ago

ProAmpac’s Auburn facility receives SQF certification

Certification and Standardization111

ProAmpac announced that its Auburn, Washington facility has been awarded Level 2 Food Safety Management Certification by the Safe Quality Food (SQF) Institute. Auburn is ProAmpac’s 14th facility to be recognized with food-quality certification and ProAmpac’s eighth manufacturing facility to be certi...

14 hours ago

OneFortyOne purchase of Nelson Forests confirmed by Overseas Investment Office

Acquisitions, Mergers and Takeovers110

OneFortyOne (OFO) has received confirmation that the Overseas Investment Office has approved its purchase of Nelson Forests. The completion date for the purchase will be Tuesday the 4th of September 2018, as the company says in the press release received by Lesprom Network.Nelson Forests, currently ...

14 hours ago

Sappi Europe to increase prices for woodfree coated and woodfree uncoated paper

Duties and Tariffs130

Due to continued cost increases and solid demand, Sappi is forced to pass on this cost inflation by increasing its CWF and UWF prices in sheets and reels by 6-8% effective on deliveries from October 1st 2018 for all European and overseas markets.Sappi is a global company focused on providing dissolv...

14 hours ago

Holmen reports improved operating profit in the 1H 2018

Finance96

Holmen's operating profit for January–June 2018 totalled SEK 1 271 million ($141 million), an increase of SEK 119 million ($13.2 million) from the same period last year. The improvement is attributable to higher profit from wood products and energy, and to the sale of a forest property, as well as s...

August 18, 2018

BWF announces new appointments

Management/Corporate changes/Labour124

The British Woodworking Federation (BWF) has made new appointments to the BWF Council and its Executive Board. Andrew Madge, managing director of Gowercroft Joinery has been appointed to the Executive Board, while Wolfgang Gorner of Allan Brothers and Simon Badham of Arden Windows have both joined t...

August 17, 2018

U.S. Lumber to acquire Alexandria Moulding

Acquisitions, Mergers and Takeovers219

U.S. Lumber Group, LLC ("U.S. Lumber ") and Alexandria Moulding have signed an agreement under which U.S. Lumber will acquire Alexandria Moulding. The combination will create a company with a broader geographic presence as well as enhanced product and service capabilities.Upon completion of the acqu...

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Woodworking news

Swedish Forest Agency: The notified area of final felling increased by 4% in July

Sumitomo Forestry acquires 60% equity interest in the United States Mark III Properties, LLC

Japan’s imports of wooden bedroom furniture increased by 14% in May

Ghana’s wood product exports up 24% in January -May 2018

ProAmpac’s Auburn facility receives SQF certification

OneFortyOne purchase of Nelson Forests confirmed by Overseas Investment Office

Sappi Europe to increase prices for woodfree coated and woodfree uncoated paper

Holmen reports improved operating profit in the 1H 2018

BWF announces new appointments

U.S. Lumber to acquire Alexandria Moulding

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