Deere’s Construction and Forestry segment reported revenue of US$1.10 billion in fiscal 1Q17, a decline of 6% compared with US$1.17 billion in fiscal 1Q16. Source: Market Realist The segment’s revenue fell mainly due to lower shipment volumes. The Construction and Forestry segment rep

Stefano Boeri, started with his Vertical Forest in Milan and more recently with his proposal for the Nanjing Vertical Forest. Source: Treehugger In fact, the Italian architect now has an office in Shanghai and is planning entire cities covered in forests. Forest City Shijiazhuang will

The global engineered wood market is estimated to reach $41.2bn by 2022, growing at a CAGR of 24.8% from 2016 – 2022. Source: Forestry Expo North America and Europe account for nearly 70% of global engineered wood production and will continue to maintain high CAGRs, according to

Hume Partners Property, the developer behind Melbourne’s tallest timber commercial tower, is also building its smallest – a single-storey childcare centre. Source: Australian Financial Review The company backed by BRW Rich-Lister Peter Scanlon has partnered with childcare indust

NZ roundwood log prices jump to a record on demand from construction, horticulture industries. Source: Scoop NZ Strong domestic building activity combined with buoyant horticulture and viticulture industries has pushed up the price of roundwood logs to a record. The average price for

Community environmental volunteer group, Friends of Tawa Bush Reserves in New Zealand, is campaigning for Wellington City Council to make a bid to secure the 36 hectare. Source: Stuff NZ A million-dollar forest on the hills above Tawa is for sale, and locals are hoping Wellington rate

Hyne Timber welcomed Taiwanese visitors to the Tuan Mill near Maryborough for a tour of their manufacturing plant. Source: Timberbiz For more than 18 years, Hyne Timber has been exporting large volumes of processed, plantation softwood from both Maryborough (QLD) and Tumbarumba (NSW)

The New Zealand Labour Party is pledging up to NZ$20 million, if elected, to support the region’s timber processing sector, possibly by helping fund a prefabricated housing plant. Source: NBR Such an initiative would dovetail with Labour’s KiwiBuild policy to fund construc

A worker from Heyfield’s timber mill has received more than 800 responses to a letter he wrote for the Victorian Premier at the weekend, but says he is yet to hear from Daniel Andrews. Anthony Wilkes, a supervisor at Australian Sustainable Hardwoods green mill, raised more than $25,00