Egger Wood Products in Linwood will be investing $50 million for an additional production line and a new recycling center next year. Scheduled for completion by the end of 2022, the third lamination line will increase production capacity at the plant by 50%. A new $30 million recycling facility will also be installed ...
M/s Baahu Panel Pvt Ltd, the wholly owned subsidiary of Greenply Industries Limited, orders a Siempelkamp plant for the production of MDF and HDF. Greenply decided in favor of a Siempelkamp ContiRoll press that will be used for the production of MDF and HDF with a board thickness variance ranging from 1.5 mm to 35 mm.
The import volume rose 3.8% to 558.1 thousand m3.
West Fraser Timber has completed the acquisition of the oriented strand board (“OSB”) mill near Allendale, South Carolina from Georgia Pacific.
Andritz has received an order from GUTEX Holzfaserplattenwerk to supply a second fiber preparation system for the production of insulation board in Eschbach, Germany. Start-up is scheduled for the 2Q 2023.
The American Wood Council (AWC) elects PotlatchDeltic President and CEO Eric Cremers as the Chairman of the AWC Board of Directors for a two-year term, effective January 1, 2022.
US LBM has acquired Professional Builders Supply, a top supplier of building materials to local, regional and national custom and production professional builders in North and South Carolina.
The South African wood-based panel producer PG Bison signed the contract for the purchase of its fourth Siempelkamp plant within 15 years. The planned annual production capacity of the new MDF plant is more than 275,000 m3 per year. Commissioning of this equipment is planned for the 1Q 2022.
Paper Excellence and One Sky Forest Products have signed a non-binding co-location agreement. According to the agreement, One Sky will co-locate its new oriented strand board (OSB) operations at the existing Prince Albert mill site in Canada.
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.
Atlas Engineered Products has entered into a non-binding letter of intent with the shareholders of a truss manufacturing company located in British Columbia, Canada to acquire all of the issued and outstanding shares of the Target.
Andritz has successfully completed the start-up of a pressurized refining system supplied to Biyang Huifeng Wood Industry Board at its MDF production plant in Biyang, Henan province, China.
The Turkish wood-based panel producer Kastamonu Entegre AS placed an order with Siempelkamp for an 8' x 63.7 m MDF wood-based panel plant with ContiRoll.
Orchard Timber Products Limited has joined National Timber Group (NTG).
The Steico Group's 9-month of 2021 revenues were up 27% year-on-year at Euro 288.6 million. EBIT in the first nine months rose by 104.9 % to Euro 50.1 million, while net income for the first nine months lifted by 109.6% to Euro 35.2 million.
The import volume soared 67.8% to 528.4 thousand m3.
Dexco's short-cycle press line made by Siempelkamp produced its first board at its Agudos site in Brazil. The time span between the start of assembly and this first board was only three months.
The export volume declined 25.7% to 171.8 thousand m3.
Hardwoods Distribution's 3Q 2021 consolidated sales climbed to a record $471.7 million, an increase of $234.7 million, or 99.1%, from $236.9 million in the same period in 2020. Organic sales growth in 3Q 2021 was 42.6% while acquisitions contributed an additional 58.1%.
Boise Cascade announces the expansion of its Ohio Valley Building Materials Distribution (BMD) network. A new distribution center will be built on a 20-acre site in Marion, Ohio, which will include a 100,000 sq. ft. warehouse with 13 acres of lumber storage. The location is also rail-served. The company expects to brea...