News & Updates
Kronospan Completes Simsboro Particleboard Purchase
Kronospan, a producer of wood panel products, has announced the closing of its purchase of Roseburg’s Simsboro, La., particleboard facility following the expiration of the required regulatory review period. Ownership of the plant has been transferred from Roseburg to Kronospan…
Hymmen’s Dr. Werner Pankoke Dies
Werner Pankoke, died at the age of 85 following a stroke. Born March 29, 1938 as the third child of Bielefeld, Germany dentist Dr. Wilhelm Pankoke, Werner decided not to follow in his father’s footsteps when he began his studies. Instead, he was drawn to Munich Technical University, where he pursued his grandfather Theodor Hymmen’s engineering interests—studying mechanical engineering…
Metsä Group, Sweco Sign Agreement For Design Of LVL Mill
Metsä Group and Sweco have signed an agreement for the implementation planning of the new Kerto LVL mill in Äänekoski, Finland. “We have strong confidence in Sweco’s expertise and resources from our previous collaboration projects. It is therefore natural that we continue our cooperation in this project to develop the Äänekoski mill area,” says Jaakko Anttila, Executive Vice President, Metsä Wood…
Siempelkamp Sells KüstersPress, ContiPress Technology To Sunds Fibertec
On December 12th Siempelkamp and Sunds Fibertech signed an agreement for the sale of the KüstersPress and ContiPress service business. With this transaction Sunds Fibertech will become the OEM supplier for this technology area; the transfer date will be January 3rd, 2024…
Weyerhaeuser Enhances Coastal Holdings
Weyerhaeuser Co. entered into two agreements with Forest Investment Associates to divest 69,600 acres in upstate South Carolina for $170 million, and to purchase 60,700 acres of high-quality timberlands in coastal North Carolina, South Carolina and Mississippi for $163 million…
Boise Cascade Curtails Chapman Sawmill
Boise Cascade announced an indefinite curtailment of its lumber production in Chapman, Ala. The curtailment will affect 80 positions. The plywood operations at the Chapman location are not part of the curtailment. Worker Adjustment and Retraining Notification (WARN) Act notification was provided to impacted employees and specifies that operations will cease on January 28, 2024…
Con-Vey Launches New Web Site
Roseburg, Ore.-based Con-Vey has launched a new website in collaboration with another local Roseburg company, Anvil Northwest. The nine-month project was started with the intent to update the company’s look and promote its services. The result was a beautifully designed site with a paring down of the number…
USNR, WFG Sold To Equity Firm
One Equity Partners (OEP), a middle market private equity firm, announced that it has completed the previously announced acquisitions of USNR and Wood Fiber Group. OEP reports it subsequently merged the two businesses, with projected 2021 revenues greater than $500 million…
Sherwin-Williams Enters Resin Game
Sherwin-Williams is acquiring Specialty Polymers, Inc., a leading manufacturer and developer primarily of water-based polymers used in architectural and industrial coatings and…
Panel Production, Housing Up
North America structural panel production increased 5% and consumption was up 5.8% in 2016, according to APA—The Engineered Wood Assn. Structural panel production was 32.595 billion SF, continuing...
New OSB Mill Still On Schedule
New OSB Mill Still On Schedule Work continues in Corrigan, Texas on a new oriented strandboard (OSB) manufacturing plant, the first such facility in the Lone Star State for RoyOMartin. Due to...
Arauco To Complete New Plant In 2018
Arauco To Complete New Plant In 2018 The $325 million particleboard plant Arauco is constructing in Grayling, Mich. will not only be the largest single-line capacity particleboard plant in...
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