• Graco Inc. to buy additional 6 million share

    The Board of Directors of Graco Inc. has announced a new share repurchase program that authorizes management to buy back up to an additional 6 million shares of the company’s common stock over an indefinite period of time or until …

  • MOMENTIVE to display their LSR 7000 at New York Light Fair

    Momentive will showcase its Ultra Clear Silpren LSR 7000 (Liquid silicon rubber) series at Light Fair International in New York May 5-7. The Silopren LSR 7000 series , Momentive anticipating, that can meet the increasing demands of cutting –edge LED …

  • US company Roseburg to hire expertise from Austria

    Two fully-automated wood spot repair systems from Fill Machine Engineering have been deployed at timber company Roseburg in Oregon.     Fill Machine Engineering supplied Roseburg with two fully-automated speedfiller wood spot repair systems for plywood boards. The renowned company …

  • EACOM praised Ontario provincial budget

    EACOM has welcomed Ontario provincial budget which is delivered by finance minister Charles Sousa. The budget took couple of steps to cater the need of forestry. Premier Waynne has kept $60 million in resource road funding for 2015-16 and 2016-17. …

  • Resolute may announce their 1st Q financial report on May 7

    Resolute Forest Products Inc. has express their hope that they may announce their first quarter financial report on May 7, 2015 at 7:30 a.m. and the conference call is also on the line. The conference call will discuss the results …

  • U.S. Lumber wood exports reached USD 2.14 million

    Total exports of U.S. hardwood lumber and veneer to India reached USD 2.14 million for the year 2014, according to the American Hardwood Export Council (AHEC), the leading international trade association for the American hardwood industry. The statistics confirm the …

  • AIA Approved AWC courses

    The American Wood Council (AWC) has been approved by the American Institute of Architects (AIA) Continuing Education System as a provider of continuing education.   “This approval provides additional opportunities for AWC’s education programs, especially for building officials who require …

  • CNC Software Partners with Edge Factor for 2015

    CNC Software is proud to announce that they will again be partnering with Edge factor throughout 2015. Edge Factor produces inspiring, high impact media that tell the stories of innovative teams who design and build incredible products with Mastercam that …

  • NAHB seeks regulatory action to ease tight mortgage credit conditions

    The National Association of Home Builders (NAHB) today recommended Congress and Federal regulations to take action to felicitate tight mortgage credit conditions afflicting many creditworthy borrowers and to support a stronger, more robust recovery of the housing and mortgage markets. …

  • USDA grants $250,000 to AWC for timber building market research

    The U.S. Department of Agriculture is funding research on market for tall wood construction the fire performance of mass timber building conducted by American Wood Council. A grant of $250,000 has been awarded to AWC. It was known that AWC …

  • Norbord Inc. announced completion of Senior Secured Notes offering

    Norbord Inc. announced that it has completed its offering of $315 million aggregate principal amount of 6.25 percent Senior Secured Notes due 2023. Earlier Norbord has expressed its intend to use the pet proceeds from this offering, along with cash …

  • Builders are buoyant on higher April demand

    Demand of nuclear family homes gets higher in April as National Association of Home Builders (NAHB) /Wells Fargo Housing market Index (HMI) study revealed that 4 more points adds to the previous 52 points. That means the current index stands …

  • Luxor observed 250% sales growth in 1st Q

    Luxor, a wood construction mat and laminated beam manufacturer has witnessed 250 percent growth in the first quarter, exceeding $995,000.   Sales growth in wood access mat and crane mat manufacturing help Luxor to observe this overwhelming growth. These are …

  • North American Lumber production expected to jump in 2015

    Most analysts are saying it will be several months before oil prices rebound and start boosting Alberta’s bottom line again, but another industry is poised for a strong surge this year: forestry.   Scotiabank Economist Patricia Mohr tells a website, …

  • CNC appoints Meghan Summers as president for tools

    CNC software, Inc chairman Mark Summers has appointed his daughter Meghan Summers as president of CNC tools machines to uphold the family legacy at the company. Mark Summers made the announcement before his all 139 employees on Thursday, April 2 …

  • There are areas to work on in next five years: CFLR Report

    CFLR released the report to analyze first five years of its ten year long forest landscape restoration program. The purpose of the Collaborative Forest Landscape Restoration Program is to encourage the collaborative, science-based ecosystem restoration of priority forest landscapes. CFLR …

  • Graco Inc. sales Liquid Finishing Business assets

    Graco Inc. announced that it has completed Liquid Finishing business assets to Carlisle Companies Incorporated for $590 million, subject to customary post-closing adjustments.   Net proceeds from Graco’s investment in the Liquid Finishing business assets and the sale transaction is …

  • Natural calamities affecting Argentine wood industry: FAIMA

    The Argentina Federation of Wood Industries and Allied expresses its deep concern over the forest emergency situation facing our country. In recent weeks the producers of the value chain of wood and furniture have been through a combination of two …

  • Plum Creek appointed Laura Clise as Director

    Plum Creek Timber Company, Inc. a nuclear and renewable energy supplier has appointed Laura Clise as director. The alumni of Thunderbird School of Global Management will be responsible for implementing and enhancing the company’s sustainability program.   “At Plum Creek, …

  • EPAC wary of pest infestation and climate change

    The Forest Products Association of Canada (FPAC) and its members understand and embrace the value and importance of managing Canada’s forests responsibly. Canada has the second largest forest cover in the world. We harvest much less than 1% of the …


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