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Latest Companies Update

Last chance to enter TTJ Awards 2019 judged categories!
19 July, 2019
Judged entries for the TTJ Awards 2019 need to be submitted by close of play on Monday July 22.
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Bergs adds planing mill and pellet facility through takeover
Friday, July 19, 2019 Swedish sawmiller Bergs Timber AB has acquired AB Fogelfors Bruk, which comprises a planing mill and a wood pellet / heating log production plant.
Sodra posts strong result in declining market
Friday, July 19, 2019 The lower price for sawn timber has impacted Sodra Wood’s half-year financial performance.
Cairngorm Capital Partners acquires another builders merchant
Friday, July 19, 2019 Investment firm Cairngorm Capital Partners has made another acquisition in the builders merchant sector – Fairalls (Builders’ Merchants) Ltd – creating the largest independent merchanting group in the South East with combine revenues of £120m.
LIGNIA secures extra £5m funding
Monday, July 01, 2019 South Wales-based modified timber manufacturer LIGNIA Wood Company has revealed ambitious growth plans, having secured up to £5m development capital funding from its institutional investors.
Barratt Developments buys Oregon Timber Frame
Monday, July 01, 2019 National housebuilder Barratt Developments has acquired Oregon Timber Frame.
Accoya producer grows revenue and gross profits
Tuesday, June 25, 2019 Leading modified wood producer Accsys Technologies plc has posted a 23% annual growth in revenue to €75.2m for the year ended March 31,2019.
Combilift is Headline Sponsor of TTJ Awards 2019
Monday, June 24, 2019 TTJ is delighted to announce that Irish multi-directional forklift truck manufacturer Combilift is Headline Sponsor for the TTJ Awards 2019.
Arbor’s MDF mouldings business sees continual growth
Wednesday, June 19, 2019 Five years after launching its first MDF mouldings production unit, Arbor Forest Products says it has posted record sales of the product every month since.
Zoe Lyons to host TTJ Awards
Monday, June 17, 2019 Comedian Zoe Lyons will be the host and guest speaker at this year’s TTJ Awards.
TTJ Awards voting enters final week
Monday, June 17, 2019 Voting for this year’s TTJ Awards is now entering its final week.
Barking building blaze raises questions over use of fire-retardants
Wednesday, June 12, 2019 A Barking apartment development which suffered a serious fire should have had its wooden balconies and cladding treated with industrial fire retardants, a statement by timber groups has said.
Premier Forest Group posts another record year
Tuesday, June 04, 2019 Premier Forest Group Ltd has posted another record financial year, with annual turnover growth of 12% to £141m in the year ending April 2019.
Holmen timber profits up despite weaker selling prices
Friday, May 17, 2019 Swedish forest products producer Holmen has reported improved operating profits in Q1 within its wood products division.
Sonae Arauco launches 3D fibreboard
Thursday, May 16, 2019 International wood-based panels manufacturer Sonae Arauco has launched a 3D fibreboard to challenge bendable plywood products.
African hardwood business reports better year
Wednesday, May 15, 2019 International African hardwood focused business Woodbois has posted a big increase in revenue and a cut in its pre-tax losses.
Uncertain times hold no fears for trussed rafter manufacturers
Wednesday, May 15, 2019 More than 70 directors and business leaders within the trussed rafter sector converged on Warrington for a high energy Trussed Rafter Association (TRA) AGM on May 2.
Joinery company fire near Darlington
Monday, May 13, 2019 A joinery company near Darlington was hit by a large fire at the weekend.
Obituary – Francis Dalton
Monday, May 13, 2019 One of the most well-known figures in the UK woodworking machinery sector – Francis Dalton, MD of AL Dalton Ltd – has died following a short illness.

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