besse forest products closes three veneer, lumber operations
The move comes after Besse Forest Products was sold to the Florida-based Hoffmann Family of Companies private equity firm in March 2024, and the company seeks to lower costs across its 10 newly acquired production facilities. Officials with Besse Forest Products said the closures were “due to an unprecedented industry downturn.”
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Industry Wins Runoff Case
The Supreme Court recently ruled that logging roads are not subject to stringent industrial rules regarding stormwater runoff. The ruling in Decker v. Northwest Environmental Defense Center reverses a Ninth Circuit Court of Appeals decision that would have required...
Mohawk Purchases Spano, Pergo
Mohawk Industries, Inc. is purchasing Spano Invest NV (Spano), a Belgian panel board manufacturer, for €125 million ($168 million) in cash. Spano’s 2012 revenues are estimated at approximately €180 million ($231 million). This transaction is expected to close in the...
Raute Provides Market Snapshots
In its annual report, the plywood and LVL machinery and technology manufacturer, Raute, said 2012 was a clear improvement over the past few years, including a EUR 50 million order for machinery and equipment for the reconstruction of the fire-destroyed Paneles Arauco...
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