Companies in the timber industry

Canfor extends sawmill curtailments in BC

Canfor Corporation will extend sawmill curtailments in British Columbia (B.C.) due to ongoing weak market conditions and the lack [...]

Tolko extends B.C. shutdowns due to weak markets

Tolko Industries has announced that as of January 2, 2023, its Soda Creek and Armstrong Lumber operations in B.C [...]

Hekotek to supply sawmill equipment to Etablissements GAIFFE SARL in France

Hekotek delivered to Etablissements GAIFFE SARL equipment for logs handling with collecting conveyors for sawing residues. The customer is a [...]

Pfeifer to acquire Finnish wood processing company Pölkky

The Austrian Pfeifer Holding GmbH has signed an agreement on acquiring the Finnish wood processing company Pölkky Oy. The [...]

Egger: Demand significantly lower, outlook uncertain

The Egger Group closed the first half of its 2022/2023 financial year (reporting date 31 October 2022) with consolidated [...]

UPM to enter final phases of construction on its new pulp mill in Uruguay

UPM is finalizing the construction works of the new pulp mill in Uruguay and enters the final phases of the [...]

Rayonier completes acquisitions in U.S. South

Rayonier Inc. completed its previously announced acquisitions of high-quality commercial timberlands located in Texas, Georgia, Alabama, and Louisiana from [...]

Segezha inaugurates Galich plywood mill in Russia; considers selling its European assets

Segezha Group officially opened the Galich plywood mill, which is one of the largest greenfield projects in the Russian timber [...]

Stark Group enters UK market with acquisition of more than 600 branches of Saint-Gobain

Danish Stark Group A/S has signed an agreement to acquire Saint-Gobain Building Distribution Ltd, which operates more than [...]

Italy’s SAIB becomes part of the EGGER Group

EGGER acquires 60% of the shares in the Italian wood-based materials manufacturer SAIB. The purchase agreement was concluded on [...]