News & Updates
FPIC At Louisiana Tech Receives Donation
Martin Sustainable Resources LLC of Alexandria, La. has donated $1 million to Louisiana Tech as a leadership gift toward construction of the University’s new Forest Products Innovation Center (FPIC), with the assurance of another $1 million to be presented by this June. The Center will be on South Campus and provide space for a transdisciplinary approach to solving the challenges…
Kadant Completes Key Knife Acquisition
Kadant Inc. has completed its previously announced acquisition of Key Knife, Inc. and some of its affiliates for approximately $156 million in cash, subject to certain customary adjustments. The acquisition was financed primarily through borrowings under Kadant’s revolving credit facility. Key Knife, a global supplier of engineered knife systems for custom chipping, planing, and flaking solutions for wood product industries, is headquartered in Tualatin, Ore. with…
PELICE 2024 Continues To Light Up Scoreboard With New Presentations
Organizers of the ninth Panel & Engineered Lumber International Conference & Expo announced that attendee registration is open for the event, which will be held March 14-15, 2024 at the Omni Atlanta Hotel at Centennial Park in downtown Atlanta, Georgia— the same location as the previous eight PELICE events…
Kronospan Completes Simsboro Particleboard Purchase
Kronospan, a producer of wood panel products, has announced the closing of its purchase of Roseburg’s Simsboro, La., particleboard facility following the expiration of the required regulatory review period. Ownership of the plant has been transferred from Roseburg to Kronospan…
Hymmen’s Dr. Werner Pankoke Dies
Werner Pankoke, died at the age of 85 following a stroke. Born March 29, 1938 as the third child of Bielefeld, Germany dentist Dr. Wilhelm Pankoke, Werner decided not to follow in his father’s footsteps when he began his studies. Instead, he was drawn to Munich Technical University, where he pursued his grandfather Theodor Hymmen’s engineering interests—studying mechanical engineering…
Metsä Group, Sweco Sign Agreement For Design Of LVL Mill
Metsä Group and Sweco have signed an agreement for the implementation planning of the new Kerto LVL mill in Äänekoski, Finland. “We have strong confidence in Sweco’s expertise and resources from our previous collaboration projects. It is therefore natural that we continue our cooperation in this project to develop the Äänekoski mill area,” says Jaakko Anttila, Executive Vice President, Metsä Wood…
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EPA Address Formaldehyde
EPA Address FormaldehydeU.S. Environmental Protection Agency proposed two rules to “ensure” that composite wood products produced domestically or imported into the U.S. meet the formaldehyde...
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...
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...
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