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Latest timber industry news, updated on Monday, Wednesday and Friday.

Industry survey shows soft landing ahead for house builders

Master Builders Australia’s National Survey of Building and Construction businesses around Australia shows confidence is still high among the nation’s home builders. Source: Timberbiz “The Survey results for the December quarter confirms that 2018 was another particularly good year fo
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VAFI dinner date

The Victorian Association of Forest Industries has announced the date for its annual dinner, a premier event for the state’s forest and wood products industry and of particular significance with 2018 being a state election year. Source: Timberbiz The 2018 event will be held on Friday
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Komatsu to acquire Quadco and Southstar operations

Komatsu president and CEO Tetsuji Ohashi has signed an agreement to acquire from Prenbec Equipment, a company based in Quebec, Canada, the Quadco and Southstar forestry attachment operations. Source: Timberbiz This sale excludes the forestry equipment businesses of Tanguay and Forespr
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Forest industries welcome mill investment in Tasmania’s north

The Forest Industries Association of Tasmania (FIAT) and the Australian Forest Products Association (AFPA) welcome the $190 million investment in what will be Australia’s largest plantation hardwood mill and timber product manufacturing facility. Source: Timberbiz The facility is to b
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Iceland growing new forests for the first time in 1000 years

The landscape of Iceland has changed a lot in a thousand years. When the Vikings first arrived in the ninth century, the land was covered in 25% to 40% forest. Source: National Geographic Within a few centuries, almost all of the island’s trees were slashed and burned to make room for
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Winter storm fells 1.3 million cubic metres of trees in Switzerland

The amount of wood derived from trees uprooted by storm Eleanor in the first week of January is 1.3 million cubic metres, according to reports from the Swiss federal environment office (BAFU). Source: The Local. Eleanor – known as Burglind in Switzerland – battered Europe from 3-4 Jan
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Hyne and Devcon have it down to a T

Sunshine Coast builder, Devcon has been named in the Australian Financial Review Fast 100 list for two years in a row, now ranking as the 13th fastest growing company in Australia and the fastest growing builder in Queensland in 2017. Source: Timberbiz Company sales professional, Pete
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Quintis appoints administrators

Directors of the sandalwood company Quintis have called in administrators. Quintis owns and manages thousands of hectares of Indian sandalwood plantations across northern Australia. Source: ABC News The company has decided to appoint KordaMentha as administrators and it is expected Mc
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Timber and prefab to kick goals again with new projects

The timber and prefab sector is set to kick goals again this year if a raft of ambitious projects gets the go ahead, among them one of the biggest commercial timber building in the world by volume. Source: The Fifth Estate Adam Strong, group managing director of prefab timber powerhou
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