Woodworking news

1 hour ago

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...
1 hour ago

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 ...
1 hour ago

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...
1 hour ago

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...
2 hours ago

UFPI 1Q net earnings up 56% to $32.8 million

Finance64  
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...
2 hours ago

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 ...
2 hours ago

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...
2 hours ago

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...
yesterday

Sonoco’s 1Q net sales increased by 11.2% to $1.30 billion

Finance127  
Sonoco reported financial results for its 1Q, ending April 1, 2018. Net sales for the 1Q were $1.30 billion, an increase of $131.9 million, or 11.2%, from last year’s quarter. The improvement reflects an increase in sales added by acquisitions, the positive impact of foreign exchange, higher selling...
yesterday

U.S. packaging papers shipments down 6.6% in March

U.S. total packaging papers shipments in March 2018 were down 6.6% compared to March 2017 and down 6.5% year-to-date, as the American Forest & Paper Association reported.Bag & sack shipments were down 8.3% year-to-date. Multiwall shipments were down 12.6%. Converting shipments were down 2.8%...
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