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Tag: investment

Investment in Eastern Russia’s forest industry driven by demand in China

31-10-2018
Eastern Russia, forest industry, demand, China, investment

Timber harvests in Russia were close to 190 million m³ in 2017, as estimated by Wood Resources International (WRI) based on forest industry production, log usage and net exports of logs. The derived timber harvest was up approximately 6.2 per cent from 2016 primarily due to higher log consumption by the softwood sawmilling sector. …

Editor’s pickGarnica to invest 80 million euros in new factory in Troyes, France

17-10-2018
Garnica, investment, new factory, Troyes, France

This new factory, which will be the seventh owned by the company, will become fully operational in 2020. It will require an investment of 80 million euros and is set to create 100 direct jobs during its first stage. Garnica, the international leader in the production of plywood panels from sustainable plantations and forests based in La Rioja, …

Timberlink to invest $100m in regional manufacturing jobs and Australian timber supply

11-09-2018
Timberlink, generational investment, job creation, sawmilling company, $100 million,

Timberlink has approved a $100 million upgrade program to its Australian sawmills. This generational investment will see the total processing capacity of the Australasian sawmilling company increase by over 15 per cent. The investment will secure over 1,350 direct and indirect jobs in regional Australia for years to come while supporting the …

Editor’s pickWood-Mizer releases two new affordable and durable sawmills

14-08-2018
Wood-mizer, sawmills, LT15 Power, LT15 Start, low-investment requirement, Asian sawmillers

Wood-Mizer has released two new sawmills in their popular LT15 series. The LT15 POWER and LT15 START are now available to meet low-investment requirements from Asian sawmillers who want to boost yields, lower costs, and have dependable and durable sawmill machinery. LT15 POWER – Simple, affordable, and sturdy The LT15 POWER (Photo …

Interfor investing in Thomaston Sawmill

10-08-2018
Interfor, Thomaston Sawmill, investment

Thomaston Sawmill in Upson County, Georgia, United States (U.S.), will be getting an investment from Interfor Corporation as part of its Southern Investment Strategy’s Phase II. In total, Interfor will be rebuilding five sawmills as well as provide major modernisation, according to WMGT, in order to raise efficiency and boost production in …

Gregory Lumber $3 million investment in construction and equipment

13-06-2016
Gregory Lumber, investment, construction and equipment

Gregory Lumber, Inc. will expand its sawmill operations in Pittsylvania County with a $3million investment in construction and equipment to add an automated lumber sorting system that will increase production by 50%. The company will create three new jobs in the county and source 75% of its timber needs from Virginia land owners. …

Slovakia to invest in timber industry in Gomel Oblast

25-05-2016
Slovakia, investment, Gomel Oblast, Gomel Oblast Executive Forum, Timber, Timber Industry

Slovakia has announced plans to invest in an advanced woodworking enterprise in Gomel Oblast. “The Slovak company is ready to invest in the project to create a modern company to process hard wood, particularly oak, which the region has in abundance," said Jozef Migas said Ambassador Extraordinary and Plenipotentiary of Slovakia to Belarus, …

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News archive

Tag: investment

Investment in Eastern Russia’s forest industry driven by demand in China

Editor’s pickGarnica to invest 80 million euros in new factory in Troyes, France

Timberlink to invest $100m in regional manufacturing jobs and Australian timber supply

Editor’s pickWood-Mizer releases two new affordable and durable sawmills

Interfor investing in Thomaston Sawmill

Gregory Lumber $3 million investment in construction and equipment

Slovakia to invest in timber industry in Gomel Oblast

News archive

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