Blog categorized as Industry News

Wood-Mizer, a renowned name in the forestry equipment industry, has recently announced an exciting partnership with Postsaver, a company known for its innovative rot prevention products.

Olofsfors continues to assert its position as a world leader in band track innovations. Known for their cutting-edge technology and high-quality products, Olofsfors is at the forefront of advancements in this area.

In a sobering turn of events, the Ziegler Sawmilling Group has filed for bankruptcy. The company has been grappling with financial struggles and a significant drop in demand from the construction sector.

Raute Corporation's FY 2024 net sales amounted to Euro 204.6 million, showing an increase of 40.7% from the last year.

U.S. housing supply rises as new listings increase, but buyers remain cautious

Sylvamo announces major investments at its two South Carolina facilities. T

International Paper announced the permanent closure of the company's Red River containerboard mill in Campti, Louisiana, recycling plant in Phoenix, Arizona, box plant in Hazleton, Pennsylvania, and sheet feeder facility in St. Louis, Missouri.

Millari Group Australia (True Blue Timber, True Blue LVL, True Blue Plywood) has entered into a sale and purchase agreement to acquire 100% of JUKEN Gisborne, New Zealand facilities, including LVL and plywood manufacturing lines and sawmill.

The Struggle of Segezha Group Amidst Sanctions and Economic Challenges

The Swedish Forest Owners' Association sees a continued high demand for timber and is therefore starting in 2025 with an increase in timber prices on a broad front.