News archive

Resolute Forest Products investing in Northwestern Ontario operations and major maintenance

01-11-2018
Resolute Forest Products, investing, Northwestern Ontario, operations, major maintenance

Resolute Forest Products Inc. has revealed a CAD$40 million (US$30.5 million) in investments at its Northwestern Ontario operations, alongside $13.5 million (US$10.3 million) in major maintenance and the creation of 25 new jobs. “Resolute has a strong operating presence in the region, and we are committed to …

Change at the Weinig top

31-10-2018

Mr. Wolfgang Pöschl, chairman of the Management Board of the Weinig Group, has asked for his resignation from his position as chairman of the Management Board at the end of the year for personal reasons. The Supervisory Board noted this request with regret, but respects Mr Pöschl's personal reasons. "The Supervisory Board thanks Mr. …

Editor’s pickChina now boasts the largest man-made forest in the world

31-10-2018
China, largest, man-made forest

Image credited to Markus Spiske China has recently confirmed that it has successfully planted and nurtured a man-made forest so big, it is about the size of France. But what makes this even more fascinating is that China managed this feat in a place considered one of the most isolated, barren and desolate on the planet – the Qinghai Tibet …

Universal Forest Products affiliate takes over Pak-Rite

30-10-2018
Universal Forest Products, Pak-Rite

Universal Forest Products, Inc. recently announced that one of its subsidiaries has closed on the purchase of substantially all of the operating assets of Pak-Rite Ltd, packaging design and manufacturing firm based in Milwaukee, Wisconsin, United States (U.S.). The purchase expands the company’s capacity in custom packaging solutions. From …

Editor’s pickElement Studios: Spontaneous and inspiring

30-10-2018
Element Studios, Mexico, spontaneous, inspiring

Far from being repetitive, Element Studios provides a creative space to inspire, which they have called “spaces of spontaneous collaboration”. Light, structural, flexible, permeable, and built out of 174 prefabricated wooden panels, Element Studios has not lost its ability to be fragmented into smaller spaces.   Architects: …

West Fraser release third quarter results

30-10-2018
West Fraser Timber, third quarter, results

Highlights for West Fraser Timber Co Ltd in the third quarter of 2018 include a strong operating cash flow and earnings despite lower lumber and panel prices, continued progress on finished goods inventory reduction, the repurchase of 3.5 million shares for CAD$301 million (US$229.6 million) at an average price of CAD$85.96 (US$65.57), and the …

LIGNA.Conference with top-class lecture programme

29-10-2018

From 4th to 5th December 2018, Deutsche Messe AG will host the LIGNA Conference in the forefront of the China Shunde International Woodworking Machinery Fair (Lunjiao) in Foshan, the neighbouring city of Guangzhou. Digitization, automation, IoT platforms and individual customer requirements are the challenges facing the woodworking industry and …