Wood industry news and analysis, sawlog and lumber prices

Paceline Equity Partners, LLC announced that an affiliate has entered into a definitive agreement to acquire AHF Products from American Industrial Partners. The transaction is subject to customary closing conditions and is expected to close in the 1Q 2022.

Louisiana-Pacific Corporation's net sales for the 3Q 2021 increased by $424 million (or 53%) over the prior year to $1.2 billion. Adjusted EBITDA for the 3Q 2021 increased by $249 million over the prior year period to $522 million.

Lesosibirsk Sawmills and Woodworking Plant (LDK No.1), part of Segezha Group, has signed a contract with AS Hekotek for supplying a set of equipment for its pellet production facility. The launch of the facility is planned for 2Q 2023. Investments into the project will about Euro 10.1 million.

Kadant's 3Q 2021 revenue increased 29% to a record $199.8 million compared to $154.6 million in the 3Q 2020. Gross margin was 41.9%, which included a negative 110 basis point impact from the amortization of acquired profit in inventory, compared to 44.2% in 2020, which included a positive 110 basis point impact from th...

Enviva Partners, LP (NYSE: EVA) announced financial and operating results for the 3Q 2021. Net revenue increased by $11.8 million, or 5.2%, for the 3Q 2021 as compared to the 3Q 2020, substantially due to an increase in product sales.