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Article archive


At the general meeting of the Deutsche Säge- und Holzindustrie Bundesverbands (DeSH), Berlin, held on 07 November 2019 in Würzburg, Jörn Kimmich was appointed as new president. He succeeds Carsten... more


Bergs Timber’s EBITDA

slumps by two thirds

At 28m SEK (July-Sept. 2018: 84m SEK), EBITDA of Bergs Timber AB, Mörlunda, a group in the Swedish wood industry, for the third quarter turned out to be roughly two thirds lower than a year earlier. The EBITDA margin only amounted to 3.9 %... more

SCA Wood’s operating result for Q3 reduced by half

At 111m SEK (July-Sept. 2018: 222m SEK), the operating result of the "Wood" division of the Swedish company Svenska Cellulosa Aktiebolaget (SCA) of Stockholm in the third quarter of 2019 was half the figure for last year. The group... more

Georgia Pacific’s Warrenton

sawmill officially opened

The US company Georgia Pacific LLC (GP) of Atlanta, Georgia, officially opened its new sawmill in Warrenton on 6 November 2019. Work on building the plant geared to an annual capacity of 350m bdft on the 340,000 sqft site began in spring 2018.... more

CLT works in Sokol to start

operation two months early

According to information from the superordinate Segezha Group of Segezha, the construction of the cross-laminated timber (CLT) works in Sokol, Vologda oblast, in northwest Russia is right on schedule. As the refurbishment of an existing... more

Homag closing Hemmoor works and cutting 350 jobs

Upon publication of its nine-month report 2019 on 6 November, Dürr AG of Bietigheim-Bissingen announced several measures for increasing the efficiency of its "Woodworking Machinery and Systems" division. Production at the Hemmoor... more

Homag result drops in the third quarter

The decline in investment activities in various important sales markets, particularly Germany and China, which has been ongoing for some time, has meanwhile become clearly visible in the business figures of Homag Group AG (Schopfloch).... more

Dürr negotiates acquisition

in woodworking division

Dürr AG (Bietigheim-Bissingen) is currently conducting negotiations concerning an acquisition in the woodworking machinery and systems business division, which includes the Homag Group AG (Schopfloch) and its global subsidiaries. According... more

Homag shareholders lodge

appeal against court ruling

Shareholders of Homag Group AG (Schopfloch) have lodged an appeal against the ruling of the regional court of Stuttgart in proceedings which took place at the end of August 2019 concerning the control and profit and loss transfer agreement... more

Result in Kadant’s Wood division decreased

The "Wood Processing Systems" division of the US plant manufacturer Kadant Inc. of Westford, Massachusetts, generated sales revenue of 32.7m US$ (July-Sept. 2018: 37.0m US$) in the third quarter of 2019. This was 4.3m US$ or roughly... more

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