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…
Homag Purchases Press Manufacturer
Homag Group is acquiring majority interest in the Danish mechanical engineering company, Kallesoe Machinery A/S, as Homag takes another step toward establishing…
Raute To Move Locations For Chinese Operations
Raute is moving its operations in China to a new location in Changzhou, which is in the Jiangsu province. The new facility is located three hours of driving time from Shanghai and there…
RoyOMartin Adds Production Line In Corrigan
RoyOMartin has announced a new production line for its Eclipse-branded OSB radiant barrier product at the Corrigan, Tex. facility. The Globe Machine Manufacturing Co. line, which will be…
Third TP&EE Will Be The Largest
Organizers of the third Timber Processing & Energy Expo announced that indoor exhibit space is 98% sold out. Some space remains outside. Hosted by Timber Processing and Panel World magazines,...
Gepaz, Campbell Lock Horns
Good Earth Power AZ and its former restoration contractor, Campbell Global, have filed lawsuits against each other for alleged breach of contracts concerning work on the 4FRI (Four Forest...
Weyco, Plum Creek Will Own 13 Million Acres
Weyerhaeuser Co. and Plum Creek announced a merger that will leave nearly two-thirds majority ownership in Weyerhaeuser shareholder hands. The combined company creates a $23 billion timber REIT...
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