Wood industry

Woodings Industrial Corporation and Affiliated Companies Acquire Superior Machine Company of South Carolina, Inc., a Premier MRO Provider of Electric Arc Furnace and Continuous Casting Equipment.

Retrieved on: 
Wednesday, December 6, 2023
Engineering, Chemicals, Plastics, Machine Tools, Metalworking & Metallurgy, Manufacturing, Wood industry, Acquisition, China Shipbuilding Industry Corporation, Superior, Partnership, Growth, Field service management, Dentons Cohen & Grigsby

Founded over 50 years ago, Superior Machine has production facilities of approximately 128,000 square feet in Florence, South Carolina.

Key Points: 
  • Founded over 50 years ago, Superior Machine has production facilities of approximately 128,000 square feet in Florence, South Carolina.
  • Superior Machine also has an engineering and sales office in Cleveland, Ohio.
  • Superior Machine also provides continuous casting and secondary refining equipment from ladle turrets through cooling equipment.
  • Raptor Partners acted as financial advisor to Woodings Industrial and Munroe Inc. in connection with the acquisition of Superior Machine, and Dentons Cohen & Grigsby acted as legal counsel.

Russia Plywood Market Report 2020-2021 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, July 14, 2021
Other Construction & Property, Retail, Construction & Property, Other Retail, Composite materials, Engineered wood, Plywood, Natural Resources, Wood industry, Articles, Nature

The "Plywood Market in Russia 2020-2021" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Plywood Market in Russia 2020-2021" report has been added to ResearchAndMarkets.com's offering.
  • The study includes profiles of leading manufacturers (equipment, specifications, dealer network) and a detailed overview of investment projects in the plywood industry
    Consumption structure and analysis of industries utilizing white and laminated, birch and coniferous plywood

Worldwide Forestry Equipment Industry to 2026 - Increasing Automation to Boost the Forestry Equipment Demand - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 20, 2021
Forest Products, Natural Resources, Other Manufacturing, Manufacturing, Natural Resources, Economy, Economic sectors, Logging, Low-carbon economy, Wood industry, Automation, Forestry, Harvester, Productivity-improving technologies

b'To improve productivity, dependance on mechanized methods for forest harvesting has increased steadily over the years.

Key Points: 
  • b'To improve productivity, dependance on mechanized methods for forest harvesting has increased steadily over the years.
  • High-performance equipment such as harvesters can cut a tree from the base, debark it and cut into required lengths within a minute span.\nIncreasing demand for wood and wood products, abreast of the paradigm shift to mechanized processes for felling forest trees, have significantly upheld the demand for forestry machinery.
  • This, in return, pushes for more automation.\nMoreover, Labor remains the largest overhead in the forest industry at least one-third or more of the total cost in logging operations and a reduced interest in the forest field, the move towards automation is more than fruitful.\nAutomation has eased the need for harder-to-fill jobs while simultaneously lowering the costs of operation by reducing labor overhead.\nFurthermore, automation will aid new dimensions in the coming years in forest industry by making the task easy, productive, efficient and achieving the desired result in a short span of time.\nAsia-Pacific will remain the largest region and fastest-growing region during the forecasted period.\nMoreover, due to growth in building and construction activities and increasing demand for woods in home furnishing applications, the region is expected to have high volumes of demand.\nFurthermore, the Asia-Pacific has become a major producer, consumer, and exporter of wood products.
  • Industrial Roundwood production has grown but demand is rising faster, increasing dependence on imports.\nAccording to FAO United Nations, 2019 report, total Roundwood consumption has been relatively stable in the region for the last two decades at about 1.2 billion m3 per year, with efficiency gains and recycling reducing the volume of virgin industrial wood required.\nThus the demand for forestry equipment in this region is expected to be higher side in the coming years.\n'

Find Forestry Support Companies | 600+ Company Profiles Now Available on BizVibe

Retrieved on: 
Thursday, April 8, 2021
Natural Resources, Forestry, Wood industry, Logging, Agriculture, Primary sector of the economy, NAICS 11

BizVibe has made available 600+ company profiles for the support activities for forestry industry group on its B2B platform.

Key Points: 
  • BizVibe has made available 600+ company profiles for the support activities for forestry industry group on its B2B platform.
  • Companies listed in this industry group are primarily engaged in performing particular support activities related to harvesting timber.
  • Users can take advantage of these insights to identify, target, and connect with the right forestry support companies.
  • Free Insights Included Within Support Activities for Forestry Company Profiles:
    BizVibe lists support activities for forestry as a part of their agriculture, forestry, fishing, and hunting industry.

Chinese imports of softwood and hardwood wood products will be significantly altered in 2022 if Russia's log export ban is implemented

Retrieved on: 
Wednesday, March 31, 2021
Forestry, Wood, Wood products, Natural Resources, Timber industry, Branches of biology, Woodworking, Softwood, Wood industry, Lumber, Log

This relationship may change in 2022 if Russia implements their proposed ban on exports of softwood logs and valuable hardwood logs, while also introducing export taxes on green lumber.

Key Points: 
  • This relationship may change in 2022 if Russia implements their proposed ban on exports of softwood logs and valuable hardwood logs, while also introducing export taxes on green lumber.
  • However, a signal has been sent to the marketplace that Russia will no longer be a major supplier of softwood and hardwood logs.
  • One consequence of this decision is that Chinese wood manufacturers will need to explore new long-term log supply regions.
  • The excerpt above is from the just-released Focus Report " Russia Log Export Ban in 2022 - Implications to the Global Forest Industry ",published by Wood Resources International LLC and O'Kelly Acumen.

Chinese imports of softwood and hardwood wood products will be significantly altered in 2022 if Russia's log export ban is implemented

Retrieved on: 
Wednesday, March 31, 2021
Forestry, Wood, Wood products, Natural Resources, Timber industry, Branches of biology, Woodworking, Softwood, Wood industry, Lumber, Log

This relationship may change in 2022 if Russia implements their proposed ban on exports of softwood logs and valuable hardwood logs, while also introducing export taxes on green lumber.

Key Points: 
  • This relationship may change in 2022 if Russia implements their proposed ban on exports of softwood logs and valuable hardwood logs, while also introducing export taxes on green lumber.
  • However, a signal has been sent to the marketplace that Russia will no longer be a major supplier of softwood and hardwood logs.
  • One consequence of this decision is that Chinese wood manufacturers will need to explore new long-term log supply regions.
  • The excerpt above is from the just-released Focus Report " Russia Log Export Ban in 2022 - Implications to the Global Forest Industry ",published by Wood Resources International LLC and O'Kelly Acumen.

Russia's proposed log export ban in 2022 will have a far-reaching impact on global forest product markets

Retrieved on: 
Friday, February 12, 2021
Forestry, Wood, Articles, Wood products, Timber industry, Woodworking, Natural Resources, Lumber, Kiln, Log, Wood industry, Illegal logging

The Russian government is also considering new regulations aimed at reducing the exportation of green softwood lumber.

Key Points: 
  • The Russian government is also considering new regulations aimed at reducing the exportation of green softwood lumber.
  • This regulation is loosely planned to also commence in 2022 and is intended to incentivize investments in dry-kilns to produced dried lumber for exports.
  • Reducing log and green lumber exports will likely stimulate further value-added processing within Russia and better control illegal logging.
  • The excerpt above is from the just-released Focus Report "Russia Log Export Ban in 2022 - Implications to the Global Forest Industry",published by Wood Resources International LLC and O'Kelly Acumen.

Russia's proposed log export ban in 2022 will have a far-reaching impact on global forest product markets

Retrieved on: 
Friday, February 12, 2021
Forestry, Wood, Articles, Wood products, Timber industry, Woodworking, Natural Resources, Lumber, Kiln, Log, Wood industry, Illegal logging

The Russian government is also considering new regulations aimed at reducing the exportation of green softwood lumber.

Key Points: 
  • The Russian government is also considering new regulations aimed at reducing the exportation of green softwood lumber.
  • This regulation is loosely planned to also commence in 2022 and is intended to incentivize investments in dry-kilns to produced dried lumber for exports.
  • Reducing log and green lumber exports will likely stimulate further value-added processing within Russia and better control illegal logging.
  • The excerpt above is from the just-released Focus Report "Russia Log Export Ban in 2022 - Implications to the Global Forest Industry",published by Wood Resources International LLC and O'Kelly Acumen.

US Housing Starts & Softwood Lumber Prices: November and December 2020 - Madison's Lumber Reporter

Retrieved on: 
Friday, December 18, 2020
Wood, Timber industry, Wood products, Woodworking, Forestry, Logging, Board foot, Softwood, Lumber, Wood industry

VANCOUVER, BC, Dec. 18, 2020 /CNW/ - At a completely unusual time of year, US housing starts for November 2020 increased for the third straight month even.

Key Points: 
  • VANCOUVER, BC, Dec. 18, 2020 /CNW/ - At a completely unusual time of year, US housing starts for November 2020 increased for the third straight month even.
  • Relentless unseasonably strong demand pushed lumber prices even higher, for the week ending December 11, 2020 the price of benchmark softwood lumber commodity item Western S-P-F KD 2x4 #2&Btr rose another +$92, or +14%, over the previous week to US$744 mfbm, said Madison's Lumber Reporter.
  • Most important for the North America softwood lumber industry, single-family building permits in the US jumped +1.3% to a rate of 1.143 million units in November.
  • Forest industry expectations, therefore, are that current softwood lumber price increases will remain through the Holidays and into the beginning of January.

WTO Softwood Lumber Panel Report Is Posterchild for Need to Reform the WTO

Retrieved on: 
Monday, August 24, 2020
Timber industry, Wood products, Woodworking, Forestry, Economy, International trade, International trade law, Lumber, Wood industry, Softwood, World Trade Organization, Canada–United States softwood lumber dispute

Unfortunately, this WTO panel report represents the latest example of judicial overreach within the WTO seeking to undermine the U.S. trade laws, which makes it harder for U.S. producers to address unfair trade.

Key Points: 
  • Unfortunately, this WTO panel report represents the latest example of judicial overreach within the WTO seeking to undermine the U.S. trade laws, which makes it harder for U.S. producers to address unfair trade.
  • Canada's unfair trade practices in softwood lumber are well documented, and the harm these practices cause to the U.S. forestry industry and workers is undisputed.
  • The U.S. Lumber Coalition is an alliance of large and small softwood lumber producers from around the country, joined by their employees, and woodland owners, working to address Canada's unfair lumber trade practices.
  • Our goal is to serve as the voice of the American lumber community, and effectively address Canada's unfair softwood lumber trade practices, including its gross underpricing of timber.