Columbia Plywood Amends Permit In Old Fort, Hopes To Add AirBurners FireBoxThe North Carolina Department of Environmental Quality’s Division of Air Quality (DAQ) is accepting public comment on a draft air quality permit modification for Columbia Plywood Corp.—Columbia...
Dürr Sells Environmental Tech Business To Stellex Capital
Dürr Sells Environmental Tech Business To Stellex Capital
Dürr AG has concluded an agreement with an affiliate of Stellex Capital Management LLC (“Stellex”) on the sale of its environmental technology business, which includes the areas of exhaust air purification technology and sound insulation systems and forms the Clean Technology Systems Environmental division within the Dürr Group.
With this sale, the mechanical and plant engineering firm is completing the simplification of the Group structure announced a year ago, underlining its strategic focus on the automation of production processes. At the same time, the Group retains a re-investment in environmental technology amounting to approximately 25%. The enterprise value of the environmental technology business is approximately €385 million. After deducting the costs for acquiring the reinvestment and other transaction-related costs, the Dürr Group expects net proceeds from the sale of around €250 million, which will be used to strengthen the Group by reducing debt. The transaction is subject to standard approvals and expected to close in the fourth quarter of 2025.
Under Stellex’s ownership, the environmental technology business is well positioned to expand its leadership, benefitting from resources to support the expected growth. In 2024, environmental technology generated sales of €407 million and employed around 1,300 people, including around 450 in Germany. The head office is located in Bietigheim-Bissingen and the business operates in 16 locations across 12 countries worldwide.
Dr. Sebastian Baumann, Head of the Clean Technology Systems Environmental division at Dürr comments, “We can look back on a successful development in the environmental technology business and are convinced that we can develop our potential even better as an independent company. With Stellex at our side, new opportunities for growth and innovation are opening up, both in our established business areas and in pioneering technology areas such as carbon capture and heat storage.”
In mid-2024, Dürr had announced the assessment of strategic options for the environmental technology business, including a possible sale. With this sale Dürr will have three divisions, instead of five, having completed the sale of the Danish filling technology company Agramkow last year. The company is now focusing consistently on its core business with automated and sustainable production technologies. In addition, business with the automotive industry was bundled into the new automotive division at the beginning of 2025.
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Columbia Plywood Amends Permit In NC, Hopes To Add AirBurners FireBox
Columbia Plywood Amends Permit In Old Fort, Hopes To Add AirBurners FireBox The North Carolina Department of Environmental Quality’s Division of Air Quality (DAQ) is accepting public comment on a draft air quality permit modification for Columbia Plywood...
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Dieffenbacher To Supply Unilin Recycling Plant
Dieffenbacher To Supply Unilin Recycling Plant
In October 2024, Unilin and Dieffenbacher announced an agreement to introduce and further commercialize Unilin’s “Osiris” wood fiberboard recycling technology. Under this agreement, Dieffenbacher became the preferred partner for offering Osiris machine and equipment technology into fiberboard production processes globally.
Now, the companies are taking the next step in their partnership with Dieffenbacher supplying Unilin with an industrial-scale fiberboard recycling plant called “Osiris 2.0,” which succeeds Unilin’s “Osiris 1.0” industrial pilot installation at its MDF plant in Bazeilles, France. The new plant will boost Unilin’s fiberboard recycling capacity from 1 to 10 tonnes per hour and will be able to process post-consumer MDF material.
“Dieffenbacher is currently the only supplier that can provide us with such a large capacity and whose equipment can recycle post-consumer fiberboard material, e.g., from bulky waste, in addition to production waste and residual materials from our own MDF and HDF production,” says Jan Gallet, General Manager MDF, Unilin.
Dieffenbacher’s scope of supply for Unilin includes the fiber transport and storage system, fiber sifters, glue preparation and dosing, PROjet glue-saving system, pneumatic systems and an emission control system. The steam explosion vessel for the re-fibering process was newly designed by Dieffenbacher Energy and optimized for fiberboard recycling. Dieffenbacher will also be responsible for the steel construction, transport and conveyor systems, and the plant’s electrics and automation.
Startup of the fiberboard recycling plant is planned for the fall of 2025.
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Columbia Plywood Amends Permit In NC, Hopes To Add AirBurners FireBox
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Columbia Plywood Amends Permit In NC, Hopes To Add AirBurners FireBox
Columbia Plywood Amends Permit In Old Fort, Hopes To Add AirBurners FireBox The North Carolina Department of Environmental Quality’s Division of Air Quality (DAQ) is accepting public comment on a draft air quality permit modification for Columbia Plywood...
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Loan Program Aims For Wood Processing Facilities To Help Reduce Wildfire Threats
U.S. Department of Agriculture (USDA) Secretary Tom Vilsack has unveiled a new program to support American wood processing facilities.
USDA Rural Development will begin accepting TPEP applications on December 26, 2024, with a maximum loan amount of $25 million. USDA encourages applicants to use the TPEP Dashboard to find areas identified as high or very high priority areas to address the risk of wildfires and insect infestations or disease, which have caused or have the potential to cause significant damage.
Applicants may learn more through the upcoming TPEP webinar, scheduled for January 6, 2025 at 1:00 p.m. ET. Visit https://www.zoomgov.com/webinar/register/WN_esofN0XPSi2AIEyt8pu74g#/registration.
Applicants are encouraged to consider projects that will advance the following key priorities: Reducing climate pollution and increasing resilience to the impacts of climate change through economic support to rural communities; ensuring all rural residents have equitable access to USDA Rural Development programs and benefits from Rural Development-funded projects; and assisting rural communities recover economically through more and better market opportunities and through improved infrastructure.
TPEP will be administered through the OneRD Guarantee Loan Initiative program, visit https://www.rd.usda.gov/onerdguarantee.
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Columbia Plywood Amends Permit In NC, Hopes To Add AirBurners FireBox
Columbia Plywood Amends Permit In Old Fort, Hopes To Add AirBurners FireBox The North Carolina Department of Environmental Quality’s Division of Air Quality (DAQ) is accepting public comment on a draft air quality permit modification for Columbia Plywood...
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Combilift Named “Company of the Year” By KPMG Ireland
Combilift Named “Company of the Year” By KPMG Ireland
Pictured Martin McVicar, Combilift, collecting the Company of the Year Award, presented at the 50th Annual Business & Finance Awards 2024 in association with KPMG. Honouring Excellence in Irish Business. Picture Andres Poveda[/caption]Combilift, the global leader in material handling solutions, has been awarded Company of the Year at the prestigious Business & Finance Awards 2024, in association with KPMG Ireland. This remarkable achievement marks Combilift’s ninth major business award win in the past three months.
The Company of the Year award, presented to Combilift’s CEO Martin McVicar by Seamus Hand of KPMG at the 50th Business & Finance Awards ceremony held in Dublin, is a testament to the company’s significant impact on both the Irish economy and the global market. Combilift, with annual revenue exceeding €500 million, has continued to thrive with its export-focused business model, with 98% of its operations serving international markets.
Martin McVicar, CEO of Combilift, comments, “This award reflects the bold vision and relentless drive that has been at the heart of Combilift since Robert Moffett and I started in 1998. Every forklift, every innovation, and every milestone reflects our commitment to pushing boundaries and transforming material handling worldwide. This moment belongs to our employees, our dealers, and our customers who rely on us to deliver quality material handling solutions to optimize their warehouse space.”
Since its founding in 1998, Combilift has built a global reputation as the largest manufacturer of multi-directional, articulated, and side loading forklifts, as well as large material handling equipment such as straddle carriers, with over 85,000 units in operation across 85 countries.
Winning this award places Combilift among an elite group of previous winners, including industry giants Glen Dimplex, Kingspan, Primark, Google, and Intel. As a homegrown Irish business with a global footprint, this latest recognition serves as a powerful reminder of the company’s ongoing success and its role in shaping the future of the material handling industry.
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Columbia Plywood Amends Permit In Old Fort, Hopes To Add AirBurners FireBoxThe North Carolina Department of Environmental Quality’s Division of Air Quality (DAQ) is accepting public comment on a draft air quality permit modification for Columbia Plywood Corp.—Columbia...
Columbia Plywood Amends Permit In NC, Hopes To Add AirBurners FireBox
Columbia Plywood Amends Permit In Old Fort, Hopes To Add AirBurners FireBox The North Carolina Department of Environmental Quality’s Division of Air Quality (DAQ) is accepting public comment on a draft air quality permit modification for Columbia Plywood...
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Hoffman Companies Acquires Besse Forest Products Group
Hoffman companies acquires besse forest products group
The Hoffmann Family of Companies (HFOC), a Florida-based family-owned private equity firm, has acquired Besse Forest Products Group, the longstanding Michigan-based family-run company with 10 manufacturing facilities, including four sawmills, a lumber drying concentration yard, four veneer mills and a cut-to-size plywood mill.
The transaction adds to HFOC’s vast portfolio, complementing its existing Ferche Millwork operations. With more than 2 million square feet of production facilities and a workforce of more than 1,400 people, the combined strength of Besse and Ferche positions HFOC as a significant player in the wood products manufacturing industry.
Besse Forest Products are located across northern Michigan and Wisconsin. The company was founded in 1966 and has remained 100% family-owned.
“We are excited to partner with Besse as they enter a new chapter under the Hoffmann Family of Companies umbrella,” says Geoff Hoffmann, Co-CEO of HFOC. “With the acquisition of Besse Forest Products Group, we’re not just expanding our footprint but building on a legacy that spans generations.”
Greg Besse, CEO and Owner of Besse Forest Products Group, expressed confidence in the acquisition, stating, “The decision to join forces with the Hoffmann Family of Companies was based on their exceptional brand and reputation as a well-run family business. We believe this partnership will not only modernize our operations but also ensure that our legacy continues to thrive.”
Greg Besse will remain as CEO and his son, Cain Besse, will serve as President.
The Hoffmann Family of Companies (HFOC) encompasses more than 100 national brands, employs 9,000 global employees with businesses in 30 countries and 250 locations. The HF Companies’ verticals include Aviation, Agriculture, Financial Services, Hospitality, Business & Professional Services, Industrial, Manufacturing, Marine, Media & Marketing, Real Estate and Transportation.
Since 1958, Ferche Millwork has provided high quality standard moldings and millwork, while headquartered in Rice, Minn.
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Columbia Plywood Amends Permit In NC, Hopes To Add AirBurners FireBox
Columbia Plywood Amends Permit In Old Fort, Hopes To Add AirBurners FireBox The North Carolina Department of Environmental Quality’s Division of Air Quality (DAQ) is accepting public comment on a draft air quality permit modification for Columbia Plywood...
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Find Us On Social
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The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
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Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.
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