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Timber News
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US housing completions dip 10% in 2011
US house completions reached an estimated 583,900 units in 2011, 10.4% below the 2010 total (651,700).
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Setra posts SKr42m annual loss
Setra ’s newly-published annual results show an operating loss of SKr42m (2010: SKr134m profit), mainly due to an imbalance between selling prices and raw material... -
Södra acquires parquet flooring manufacturer
Södra has beefed up its product offering by acquiring parquet flooring manufacturer Berg & Berg. -
European wood pallet giant in major acquisition
Europe’s largest wood pallet producer, Faber Halbertsma Group (FHG), has stated its international ambitions by acquiring German pallet pool PAKi Logistics.
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Moelven's annual profits slump
Norwegian sawmiller and glulam producer
Moelven has reported a sharp plunge in annual operating profits to NKr13m (2010: NKr243m). -
SNBG secures Central African Bank loan for new plant
SNBG has secured a CFA8bn (US$15.8m) loan from the Central African Bank to help fund a new wood-processing facility in Gabon, according to news... -
EACOM committed to Timmins sawmill despite fire
Canadian sawmilling and lumber distribution business EACOM Timber has vowed its commitment to operations at the fire-hit Timmins mill, Ontario.
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US and Canada agree Softwood Lumber Agreement extension
A two-year extension to the 2006 Softwood Lumber Agreement (SLA) has been agreed, granting “stability” to the volume softwood trade between the US and Canada....





