All articles by spowney
spowney
West Fraser sees Q4 earnings dip, but healthy full-year results
The world’s largest OSB producer West Fraser saw a sharp moderating of its performance in the fourth quarter of 2002 as more challenging market conditions started to bite.
Arauco’s profits slip in Q4,2022
Chilean-based panel products manufacturer Arauco recorded a 30% reduction in Q4 2022 earnings compared to the previous quarter.
Gill & Robinson agrees to acquire business of Rowlinson Timber
UK timber agent Gill & Robinson has reached an agreement to buy the business of Rowlinson Timber from the Rowlinson Group.
Moralt gains innovation prize for second time
German door specialist Moralt AG has received a TOP 100 Innovation award for the second time.
Top rugby referee earns standing ovation at Bristol trade dinner
Former international rugby referee Nigel Owens received a standing ovation for an excellent and thoughtful speech and entertainment at the annual Western Timber Trade Association dinner in Bristol on February 10.
Staircase manufacturer is sold to employee ownership trust
Derbyshire-based staircase manufacturer TwoTwenty has announced its sale to an employee ownership trust (EOT).
Lumin plywood brand to build third plywood plant in Uruguay
Sustainable plantation-based plywood brand Lumin is to invest US$136m in a new plywood mill in Uruguay to expand production capacity to nearly 500,000m3.
BMF forecasts downturn in building material sales in 2023
The Builders Merchants Federation’s latest (BMF) winter forecast predicts negative building materials sales growth of -1.6% in 2023 compared to 2022.
Signals point to potential market improvement in the spring, says Sweden’s Bergs
Swedish wood products manufacturer Bergs says 2022 was a decent year despite the weak timber market in the final six months of the period.
Austrian sawmiller Pfeifer completes takeover of Finnish producer
Austrian wood products giant Pfeifer has successfully completed the acquisition of the largest private wood processing company in northern Finland, Pölkky Oy.