Wood panel manufacturer, Norbord, is investing £35 million into the second phase of development of its Inverness factory in Scotland – taking overall investment in the past two years to £145 million. Almost one year on from a £110 million expansion programme to significantly increase capacity, the company will now invest a further £35 million…
VANCOUVER, CNW — Pinnacle Renewable has announced its financial results for the 13-week period (“Q4 2018”) and 52-week period (“Fiscal 2018”) ended December 28, 2018. “We grew and diversified our customer base with nearly $3 billion in new, long-term contracts in Japan and South Korea,” said Rob McCurdy, CEO of Pinnacle. “Our same-facility production volume…
Ontario’s Government is taking action to create a path forward for economic development in the Far North of Ontario. As announced in the Fall Economic Statement, the Ontario government has been reviewing the Far North Act with the goal of reducing red tape and restrictions on important economic development projects in the Far North including…
A wood-pellet production plant in Entwistle, Alta., which was rocked by a fire and explosion on Feb. 11, will reopen next month. Dry fibre production at Pinnacle Renewable Energy will resume in March, the company said in a press release. Once the investigation into the incident is complete, the company will decide on a timeline…
In a new study from UBC’s Okanagan campus, researchers have discovered a surprising new source of carbon dioxide (CO2) emissions—bicarbonates hidden in the lake water used to irrigate local orchards. “We have been studying the carbon content of soil for some time,” says Melanie Jones, professor of biology and study lead author. “This large natural…
LANGLEY, BC — Achieving yet another manufacturing milestone, John Deere commemorated the production of its 5,000th Forestry Swing Machine, a 2656G Log Loader, with a special ceremony at the John Deere-Hitachi Specialty Products (DHSP) factory. Held on the morning of Jan. 31, John Deere invited the customer who purchased the milestone unit, Bighorn Logging, for…
Canfor Corporation generated strong financial results in 2018 with reported operating income of $608.6 million, the highest operating earnings in over 10 years, and up $51.2 million, or 9%, from 2017. Reported annual results include record-high pulp and paper segment earnings and solid lumber segment operating income. The latter was achieved despite major challenges presented…
Ottawa — Forest Products Association of Canada (FPAC) announced that its Awards of Excellence luncheon will take place this year in Vancouver on May 9th. The second annual event recognizes and celebrates the men and women who have made special contributions to strengthen Canada’s forest products sector and our forestry communities. “We launched the Awards…
Komatsu America Corp. has announced it has entered into a definitive agreement to acquire TimberPro, Inc. The acquisition is expected to close on April 1st, 2019, subject to completion of the closing conditions. Established in 2002, TimberPro is a Wisconsin-based manufacturer of purpose-built forest machines and attachments, offering tracked feller bunchers and harvesters, forwarders, wheeled…
CBC News –Town council in Fort Frances, Ont., held a special public meeting Tuesday night to debate a resolution asserting the right of the town to use nearby forest resources to boost the local economy. According to the report by CBC News, at issue is the fate of the community’s mill, which was closed in…