Lumber

The new waste wood recycling plant will process regional class A1 and A2 waste wood to produce pressboard pallet blocks. Pfeifer is also modernizing the log cutting process at the Uelzen site: a new, high-performance sawing line is set to replace the more than 30-year-old system in the second half of 2025.

For the six months ended May 31, 2025, Goodfellow reported net earnings of $0.2 million, compared to net earnings of $5.2 million a year ago, while consolidated sales were $264.1 million compared to $245.7 million last year.