West Fraser Timber Co. Ltd. reported first-quarter earnings of $1.090 billion on total sales of 3.110 billion. Sales were up 33% compared to the first quarter of 2021.
World Wood Day is a cultural event held on March 21st, the vernal equinox, to highlight wood as an eco-friendly and renewable biomaterial and to raise awareness on the key role wood plays in a sustainable world through biodiversity and forest conservation.
Nuveen Natural Capital, a globally diversified investment and asset management company specializing in the acquisition and stewardship of forestry assets, completed the sale of 66,800 acres in Texas and Georgia to Rayonier, a leading timberland real estate investment trust. The purchase price, before transaction costs, was $124.2 million.
John Deere introduces new additions to its attachment family for excavators with the ME36 and ME50 Mulchers, and the RE40 and RE50 Rotary Brush Cutters.
To combat the threat of mountain pine beetles in Alberta, Canada, the Government of Saskatchewan approved funding of up to $1 million. Saskatchewan is in the second year of a three-year agreement with Alberta to eradicate the mountain pine beetle …