Holmen AB, one of Sweden’s largest forestry companies, has announced that they have signed an agreement to acquire, for cash, Martinsons, one of Sweden’s leading sawn and processed wood products companies.
News in timber
Despite the COVID-19 Pandemic B.C. Tree Planters on Track to Plant 300 Million Seedlings this Summer
In spite of the COVID-19 pandemic and an exceptionally wet spring and early summer, British Columbia tree planters are on track to plant more that 300 million seedlings this year.
Conservation Group Purchases Maine Timberland Tract
15,408 acres of Maine woodlands, from the Chadbourne Tree Farms LLC in Oxford County, has been purchased by the Conservation Fund. The tract which is primarily white pine, was assembled by the Chadbourne family over the past 150 years and includes the site of what is believed to be the first sawmill in America at South Berwick.
After Several Months of Being Idle, Mosaic Forest Management Announces Resumption of Operations
Mosaic Forest Management has announced its intention to resume operations, ‘with the priority being on a safe return and with due consideration to provincial health guidelines related to the COVID-19’ pandemic.
CatchMark’s Triple T Joint Venture Amends Wood Supply Agreement with Georgia-Pacific
With the intention of achieving market-based pricing on timber sales, CatchMark, announced on Wednesday 6-24-20, that its Triple T joint venture has amended its wood supply agreement with Georgia-Pacific.
Trade Tensions Between China and Canada Increase and Logs this time are at the Forefront
Trade tensions between China and Canada have once again heated up and now logs are at forefront of a new dispute between the two countries.
Coalition of U.S. Loggers Associations are Requesting $2.5 Billion in Direct Aid from Congress
The Carolina Loggers Association and a collation of 19 additional associations have joined with the American Loggers Council in requesting $2.5 billion from Congress to support American loggers’ directly.
Drought Poses Significant Threat to Austria’s Forestry Industry
Historical drought conditions threaten Austria’s forests
2020 Wildfire Season Plan – More Aircraft, Fewer Crews
Authorities are changing their strategies for fighting wildfires to reduce manpower requirements and limit crews to the COVID-19 virus.
COVID-19 Pandemic is Slowing Arkansas Timber Industry Recovery
Arkansas is a state with vast timber resources and harvests more than 24 million tons of timber per year.