News & Updates

Egger Wood Products will invest $20 million for an additional thermally fused laminate (TFL) production line at the company’s sole U.S. location in Lexington, NC. The company’s Supervisory Board announced the investment, part of completion for Phase I work at the site, after visiting the U.S. plant for its…

Peak Renewables Ltd., an emerging, innovative, opportunity-driven company focused on growing the forest economy with sustainably sourced and renewable energy products, is pleased to announce that Scott Bax has been appointed as Chief Executive Officer, effective December 20, 2021.‬..

Oregon Mass Timber Coalition was named by the Economic Development Administration (EDA) as a finalist in the $1 billion Build Back Better Regional Challenge. The coalition was awarded $500,000 to create a strategy for a Mass Timber Modular Manufacturing Facility at Marine Terminal 2 in Portland…

Wolf-Gerd Dieffenbacher celebrated his seventieth birthday on December 20, 2021. Until his withdrawal from the day-to-day business on July 1, 2019, the entrepreneur was active for more than 40 years in the Eppingen-based family business Dieffenbacher GMBH Maschinen- und Anlagenbau, which he led as CEO…

Arauco is conducting an Environmental Impact Assessment as the first step toward evaluating the viability of a new $200 million MDF production line in Zitácuaro, Michoacán, Mexico. If the project proceeds, subject to the approval of local and state authorities, production is expected to start during 2024. It would double…

An oriented strandboard plant in Allendale, SC will now have its third ownership since starting up in 2006. West Fraser Timber Co. Ltd. is purchasing the facility from Georgia-Pacific for $280 million. The Allendale facility has been idle since late 2019 when GP shut it down citing market conditions. The plant has an estimated…