Companies in the timber industry

Pfleiderer sold to an US investment group

On 21 August, the EU Commission approved the acquisition of a majority stake in Pfleiderer Group SA by US financial [...]

New $50 million CLT plant to be opened in Ontario by Element5

Building upon the success of its existing Cross Laminated Timber (CLT) plant and related engineering team in Quebec, mass timber [...]

The EU plywood sector affected by negative factors

    As the year has progressed, the European plywood sector has become increasingly depressed. That’s the [...]

Great Southern Wood Preserving opens new sawmill in Southeast Alabama

Since 8 July, 2019 logs are delivered in the new sawmill Abbeville Fiber in Henry County in Southeast Alabama.  [...]

Norbord reduces OSB production as to lower US demand

Norbord Inc. announced that effective September 5th, Line 1 of its two-line oriented strand board (OSB) mill in Cordele [...]

FSC agrees to initiate dialog to end disassociation of Vietnam Rubber Group

    FSC has agreed to enter a formal dialogue with the Vietnam Rubber Group (VRG) on the [...]

Arauco buys whole assets for US MDF producer, expanding to North America

    Arauco announced that it has signed an agreement to acquire Prime-Line Inc., a privately held [...]

Canfor reduces an additional 75 million board feet of production capacity in BC

Canfor Corporation announced additional operating curtailments which will reduce production capacity by 75 million board feet between September 3rd and [...]

Interfor’s CEO to step down at the end of the year

    Forestry company Interfor Corp. says chief executive Duncan Davies will step down at the end of [...]

List of new tariffs against US wood products exports to China

U.S. hardwood lumber, logs and veneer exports are among the products impacted in a new round of tariffs announced [...]