News archive

October 2018

Change at the Weinig top


Mr. Wolfgang Pöschl, chairman of the Management Board of the Weinig Group, has asked for his resignation from his position as chairman of the Management Board at the end of the year for personal reasons. The Supervisory Board noted this request with regret, but respects Mr Pöschl's personal reasons. "The Supervisory Board thanks Mr. …

Editor’s pickChina now boasts the largest man-made forest in the world

China, largest, man-made forest

Image credited to Markus Spiske China has recently confirmed that it has successfully planted and nurtured a man-made forest so big, it is about the size of France. But what makes this even more fascinating is that China managed this feat in a place considered one of the most isolated, barren and desolate on the planet – the Qinghai Tibet …

Universal Forest Products affiliate takes over Pak-Rite

Universal Forest Products, Pak-Rite

Universal Forest Products, Inc. recently announced that one of its subsidiaries has closed on the purchase of substantially all of the operating assets of Pak-Rite Ltd, packaging design and manufacturing firm based in Milwaukee, Wisconsin, United States (U.S.). The purchase expands the company’s capacity in custom packaging solutions. From …

Editor’s pickElement Studios: Spontaneous and inspiring

Element Studios, Mexico, spontaneous, inspiring

Far from being repetitive, Element Studios provides a creative space to inspire, which they have called “spaces of spontaneous collaboration”. Light, structural, flexible, permeable, and built out of 174 prefabricated wooden panels, Element Studios has not lost its ability to be fragmented into smaller spaces.   Architects: …

West Fraser release third quarter results

West Fraser Timber, third quarter, results

Highlights for West Fraser Timber Co Ltd in the third quarter of 2018 include a strong operating cash flow and earnings despite lower lumber and panel prices, continued progress on finished goods inventory reduction, the repurchase of 3.5 million shares for CAD$301 million (US$229.6 million) at an average price of CAD$85.96 (US$65.57), and the …

LIGNA.Conference with top-class lecture programme


From 4th to 5th December 2018, Deutsche Messe AG will host the LIGNA Conference in the forefront of the China Shunde International Woodworking Machinery Fair (Lunjiao) in Foshan, the neighbouring city of Guangzhou. Digitization, automation, IoT platforms and individual customer requirements are the challenges facing the woodworking industry and …

New Zealand: Port of Tauranga sees growth in first quarter of financial year, boosted by log trade

New Zealand, Port of Tauranga, growth, log trade

Port of Tauranga has reported that first quarter trade volumes grew 8.3 per cent on the same period last year, with the port handling more than 6.6 million tonnes of cargo between the 1st of July 2018 and the 30th of September 2018. The increase was driven by log exports, which were 14.7 per cent higher as compared with the previous corresponding …

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