Homag had already acquired 80% of the Danish engineering and manufacturing company in 2020.
Net earnings were $3.5 million or $0.14 per share for the three-month period ended March 31, 2024, compared to $9.5 million or $0.37 per share for the equivalent period last year.
Canfor Pulp Products Inc. will indefinitely curtail one production line at its Northwood facility in Prince George, British Columbia (BC), Canada, due to the decline in availability of economic fibre in the northern BC region.
Rapid growth from the U.S., price decreased 10%.
Price for lumber imported to Saudi Arabia slid 1.2%.
This initiative seeks to broaden the production capabilities of Tolko Industries' mill, moving beyond commodity plywood to encompass specialty, industrial, and engineered wood products.
Timber scarcity and low harvesting prompt Canfor to reconsider sawmill investments.
The start-up is scheduled for the Q4 2024.
Whit Gardiner will continue to lead the organization which will be a part of Kodiak’s growing Northwest region.
Net income for the Q1 2024 was $77 million, or $1.36 per share, compared to net income of $60 million, or $1.03 per share, in the corresponding period of 2023.
The contribution to EBITDA is estimated to SEK 10-30 million annually for the first two years of operation starting 2025.
Net income for the Q1 2024 totaled $6.0 million, or $0.35 per share, compared to net income of $5.6 million, or $0.33 per share in the same period of 2023.
Richmond Plywood Corporation announces ribbon-cutting ceremony for new panel repair system.
Exports of lumber from Germany to the U.S. lost 25%.
Rate influenced by weaker-than-expected jobs report.
Exports of lumber from Brazil contracted 17%.