Companies in the timber industry

Canfor to invest $25 million to modernize its Estil facility in South Carolina

Canfor Southern Pine (Canfor) is investing $25 million to modernize its Hampton County facility in South Carolina, as South Carolina [...]

IKEA to sell its four plants in Russia

    The Swedish retailer IKEA plans to sell its plants in Russia.    The [...]

UPM is also positively revising its earnings outlook for the current year

Stora Enso recently reported that it had improved its expectations for the full-year operating result . Now UPM has also [...]

Stora Enso has full order books; result for 2022 is expected to be better than last year

    Development in the company's main markets has remained strong.    Stora Enso [...]

Boise Cascade to acquire Coastal Plywood Company for $512 million

Boise Cascade has reached an agreement to acquire Coastal Plywood Company, including its two manufacturing locations, from Coastal Forest Resources [...]

Some sawmills in Russia expected to curtail production from July

The decline in export volumes due to EU sanctions against the backdrop of rising transportation tariffs and a stronger ruble [...]

Ponsse to adjust operations: “Russian market too big to replace”

Finnish forest machine manufacturer Ponsse will start personnel negotiations next week.    The negotiations will focus on [...]

US lawsuit bans Brazilian plywood due to poor quality

    A federal court judge in Fort Lauderdale, Florida, recently entered a permanent injunction ordering the revocation [...]

PotlatchDeltic to invest US$ 131 million in lumber mill expansion

PotlatchDeltic Corp. announced Monday that it is investing $131 million to expand and modernize its Waldo sawmill located in Columbia [...]

Sonae Arauco inaugurates particleboard plant in Germany

Sonae Arauco officially inaugurated its state-of-the-art particleboard plant the Beeskow. Although the plant started operations in July [...]