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Analyst Report: Fortive Corp
Categories: Forest Products Industry
Analyst Report: Newmont Corp
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Big changes to Social Security have some people worried. What to expect.
Categories: Forest Products Industry
Gender equality in the Swedish forest sector shows male dominance
Eight out of eleven indicators of gender equality in the Swedish forest sector show male dominance. This is shown by the first compilation of the Forest Sector’s gender equality indicators. At the same time, the Forest Sector’s Gender Equality Council has decided on a new multi-million-sek investment for increased gender equality in the forest. Source: Timberbiz The Forest Sector Gender Equality Council, with 35 organizations behind it, was formed in 2022. It is a unique industry initiative and national forum for dialogue and action with the aim of achieving a gender-equal forest sector. As part of this work, the council has for the first time compiled a series of indicators that show what gender equality looks like in areas such as education, individual ownership and working life. The statistics will be followed up once a year and will provide an overall picture of gender equality work in the sector, now and over time. According to the compilation, eight of the 11 indicators show gender inequality. For example, only 3% of machine operators are women, something for which there were no statistics before. The majority of timber buyers are men, and there is also an imbalance in training. Men also own larger areas on average. “Diversity and equality are a matter of competitiveness, and our industry has a job to do here. For example, only three percent of forest machine operators are women in forestry, while the transport sector has around 20%. With joint investments, we can achieve a change that is positive for both people and profitability,” Lotta Lyrå, CEO of Södra said. At the council meeting, the Gender Equality Council also decided on an extra investment worth one million kronor. Through a new financing model, the Gender Equality Council’s continued work as an umbrella for gender equality work in the sector can be secured. The co-financing strengthens and streamlines the work of developing, coordinating and communicating knowledge about gender equality work. “When so many actors together show will and power, I am convinced that we can also seriously bring about change. It is a matter of justice that everyone, regardless of gender, should have the same opportunities to influence forestry but also to train and work in the forest sector,” said Herman Sundqvist, Director General of the Swedish Forest Agency.
Categories: Forest Products Industry
Sterling work to develop a mass timber training kit
Sterling Structural, a manufacturer of cost-effective, prefabricated mass timber and hybrid structural systems in North America, announced the availability of a new Mass Timber Mock-up training kit. The kit is designed to help vocational schools, training programs and unions educate and train the construction industry workforce on the emerging use of Mass Timber in a wide range of structures. Source: Timberbiz The kit includes everything needed to construct a mock-up of a small-scale mass timber building. It’s designed to educate and train installers on the fundamentals of mass timber construction. This hands-on learning tool showcases key components of prefabricated CLT and glulam systems, demonstrating best practices for installation, connection detailing, and material handling. “The launch of the training kit is part of our overall commitment to making Mass Timber for the Masses,” said Michaela Harms, Vice President of Mass Timber at Sterling Structural. “Training carpenters and other construction industry professionals on Mass Timber techniques will improve outcomes which will lead to greater adoption, which will benefit everyone.” Built to reflect real-world construction scenarios, the mock-up provides experience that helps installers gain confidence working with mass timber in preparation for the growing demand in sustainable, high-performance building solutions. It includes: CLT Panels – The large majority of mass timber projects include CLT panels, the mock-up features both 3-ply and 5-ply CLT to familiarize teams with different panel weights and handling requirements. Floor & Roof Systems – Users will learn panel-to-panel spline connections that are critical to a building’s lateral strength. The mock-up includes both recessed plywood splines and surface-mounted straps, as both are common in the industry. Lap Joints – A staple in wood construction, lap joints offer visual appeal and maintains necessary fire resistance in higher rated elements such as fire barrier shaft walls. The kit incorporates both horizontal and vertical lap joints to highlight their role in wall assemblies. Irregular Panel Lifting – Real projects rarely involve only standard panels. The mock-up includes a large penetration cutout, introducing best practices for safely lifting and installing irregular CLT elements. Glulam Column Connections – Projects require different connections based on structural loads, fire rating for the super structure, and aesthetics. The kit includes column base connections to include a raised stand-off typical with concrete topping slabs. Glulam Beam Connections – To demonstrate more advanced connection techniques, the kit includes knife plate connections and concealed hangers, both of which require precise installation. Exposed bucket connections are not featured, as they are simpler to install and require less specialized training. “We’re seeing an increase in interest from a range of architects, engineers and designers in using Mass Timber for projects,” said Pat Sowers, Coordinator at Mid-America Carpenters Regional Council Apprentice and Training Program in Elk Grove Village, Illinois. “Our responsibility to our members is to ensure they are trained in all the latest construction materials and technologies, and Sterling’s training kit will be invaluable in our ability to meet that goal.”
Categories: Forest Products Industry
Komatsu tries the Japanese market with forestry machines
Komatsu will begin a trial introduction of forestry machines manufactured by its wholly owned subsidiary, Komatsu Forest at customer job sites in Japan, starting in May 2025. The trial will assess the effectiveness of the Cut-to-Length (CTL) method in Japanese forestry operations, with the aim of the broader introduction of harvesters and forwarders adapted for CTL, into the Japanese market in the future. Source: Timberbiz Cut-to-Length (CTL) method: A common forestry method in Europe, involving felling standing trees, delimbing, and bucking them into logs of specified lengths in the forest, using two types of machines – a harvester for felling and processing, and a forwarder for transporting the logs. Komatsu is enhancing its forestry machinery business, a circular business that supports forest regeneration. Strengthening this business as the company’s third core pillar, following its construction and mining equipment businesses, Komatsu has expanded globally by promoting mechanization in harvesting, processing, forwarding, and planting operations, as well as the provision of fleet management and timber handling solutions. Japan boasts an expansive forested area, comparable to the Nordic forestry nations, and holds strong potential for timber production. However, excavator-based machines have long been mainstream in Japan, and multi-machine processes have been the norm. Because of the country’s steep terrains, wheeled forestry machines made overseas were traditionally considered unsuitable. Nonetheless, amid labour shortages and a declining forestry workforce, there is growing interest in more mechanized approaches. The CTL method enables the completion of all timber production processes with fewer machines and fewer operators, offering potential improvements in productivity, safety, and cost efficiency, compared to conventional Japanese practices. The trial will involve the Komatsu 931XC harvester (operating weight: 21.9 tons) and the Komatsu 855 forwarder (maximum load capacity: 14 tons). The trial will commence in May 2025 at customer job sites across Hokkaido, Honshu, and Kyushu, and will continue for approximately one year. Some regions will also include comparative studies with traditional methods. In addition, Komatsu plans to evaluate ICT-based forestry solutions by combining machine data such as GPS location, production planning, and results with forest stand distribution information to optimize routing during harvesting and forwarding, aiming to further improve productivity through efficient operation management. The first test, starting in May, will be conducted jointly with Mitsui Bussan Forest on forests owned by Mitsui & Co in Hokkaido.
Categories: Forest Products Industry
Wildlife Act changes passed in New Zealand
Changes to New Zealand’s Wildlife Act passed through Parliament and ensure important development projects, such as building new solar and wind farms, continue supporting a growing economy while protecting precious wildlife according to Conservation Minister Tama Potaka. Source: Timberbiz The High Court recently decided it was unlawful for the Department of Conservation – Te Papa Atawhai to authorise the killing of wildlife unless there was a direct link between killing and protecting wildlife. Incidental harm to wildlife, while not desired, sometimes happens when carrying out a lawful activity, such as consented construction works or forestry operations. “This decision placed multiple projects, which previously received DOC authorisations, in a state of uncertainty,” Mr Potaka said. “Projects include activities for building new solar and wind farms, plantation forests, and powerline maintenance that are essential for supporting our growing economy. “Today’s improvements give certainty to authority holders that their projects can continue lawfully, whether it’s for important conservation work like pest control or development and infrastructure projects. “Today’s changes clarify how authorisations can be consistent with protecting wildlife, and that the Director-General of the Department of Conservation – Te Papa Atawhai can make authorisations. We are restoring the approach that DOC was taking for authorising activities before the Court’s decision and provide legal clarity. “These changes keep safeguards to protect wildlife. It’s important Aotearoa New Zealand’s wildlife continues to be protected, and that species can thrive as we support a strong and growing economy. “Under the amended Wildlife Act, authority holders are still expected to avoid and minimise harm to protected species. Examples include relocating animals before doing any construction work – to protect populations and support the ongoing viability of species,” Mr Potaka said. “Now the amendments have been enacted, we can turn to accelerating a comprehensive review of the Wildlife Act.”
Categories: Forest Products Industry
Four recipients of OFO community grants announced
OneFortyOne has announced the recipients of its latest round of community grants, supporting four local organisations making significant contributions to wellbeing, education, and environmental protection in the Marlborough, Nelson, and Tasman regions of New Zealand. Source: Timberbiz The successful recipients are: Richmond Waimea Youth Trust (24-7 YouthWork) Awarded $3,000 to support their youth workers at Waimea College and Waimea Intermediate Schools, who spend 10 hours per week making themselves accessible to young people, building positive relationships, and promoting individual and community wellbeing. “This grant will allow our youth workers to continue making a meaningful difference in the lives of students across both schools,” Lynda Rea, Funding Administrator said. “With over 2,300 students collectively at Waimea College and Waimea Intermediate, our relationship-based approach helps young people develop into healthy individuals who contribute positively to their communities. The support from OneFortyOne means we can maintain our presence where students need it most.” Kārearea Falcon Trust, Marlborough Awarded $3,000 to enhance health and safety measures at their falcon rescue and rehabilitation center, which houses 18 kārearea (New Zealand falcons) and welcomes over 1,000 visitors annually. “The grant from OneFortyOne will significantly improve safety for our visitors, staff, and volunteers,” Tracey Currie, Education & Administration Co-ordinator said. “As the only facility in the South Island directly boosting wild numbers of kārearea, ensuring we have proper emergency equipment like AEDs and fire extinguishers is essential. This support helps us continue our work protecting these threatened birds while providing safe, educational experiences for the Marlborough community.” House of Science NZ Charitable Trust Awarded $3,000 to provide bilingual science resource kits to primary and intermediate schools in the Nelson/Tasman region. “This grant will allow us to create one additional science resource kit, expanding our library of hands-on science materials for local schools.,” Sandra Kirikiri, Business Development Manager said. “With research showing children decide by age 10 what careers they’re not likely to pursue, these resources give students early exposure to science principles, building confidence in both teachers and students. OneFortyOne’s support helps us prepare young people for future STEM careers while making quality science education accessible to all schools in the region.” New Zealand Wildlife Rehabilitation Charitable Trust Awarded $2,000 to purchase veterinary medical supplies and specialist food for the rehabilitation of injured and orphaned native wildlife. “As a newly formed charity supporting wildlife rehabilitation in the Nelson region, this grant will directly benefit our native birds in need,” Mel Willmott, Trustee said. “Without a dedicated wildlife hospital in Nelson, wildlife rehabilitators provide this critical service from their homes, covering costs themselves. OneFortyOne’s support means we can supply specialised food and veterinary supplies needed for different species, ensuring more birds receive the best possible care before returning to the wild.” OneFortyOne Corporate Affairs Manager Kylie Reeves said the company was proud to support such diverse and impactful community initiatives. “Each of these organisations is making a significant contribution to our regions, whether through youth development, environmental conservation, or education. We’re pleased to be able to support their valuable work through our community grants program,” Ms Reeves said. The next OneFortyOne NZ Community Grants Committee meeting will be held on 10 July 2025. Community organisations interested in applying can do so online at www.onefortyone.com/community/grants
Categories: Forest Products Industry
Skills shortages hampering building uptick
Australia has just seen its two weakest years of new home commencements in over a decade, meaning ongoing shortages of skilled trades are not being caused by home building activity according to the Housing Industry Association. Source: Timberbiz The HIA Trades Report released this week provides a quarterly review of the availability of skilled trades and any demand pressures on trades operating in the residential building industry. “Despite the low volume of home building, skills shortages are persisting on the back of labour demands from other construction sectors and the wider economy,” HIA Chief Economist Tim Reardon said. “Excluding the extremes of the pandemic, one would have to go back to before the GFC to find trades shortages as acute as they are now,” he said. Mr Reardon said that home building was set to gain momentum across Australia as interest rates fell, and this would further add to demand for skilled labour. Activity had already been increasing in Western Australia, Queensland and South Australia on the back of strong population growth, low unemployment, tight rental markets and rising prices, and recovering real incomes. “The shortage of skilled trades across Australia persists in every capital city and region,” Mr Reardon said. “An increase in home building will further add to demand for skilled labour and put further upward pressure on labour prices. “Despite the expected increase in home building, commencements will remain well below those necessary to achieve 1.2 million homes over five years,” he said. “Home building activity has contracted significantly in the Sydney basin, Melbourne and the ACT, but even this has not been sufficient to arrest the rise in trades prices nationally.” Mr Reardon said the result of these shortages was that the price of trades had increased again by 5.5% in the 12 months to March 2025, compared with the broader Australian wage growth closer to 3%. “Reforms to skilled migration, including a dedicated construction visa, are needed to attract skilled tradespeople from overseas during cyclical peaks in activity. “Of the 166,830 temporary skilled workers (Visa Subclass 482) in Australia at the end of 2024, only 4,229 were in home building trade occupations,” he said. “Over the medium-to-long term, a domestic workforce development strategy is required that promotes careers in construction to students, recent leavers and Australians more broadly, male and female, young and old. “Greater support is also needed for apprentices, the public and private organisations that train them, and the businesses that provide them with supervision and on-site experience,” Mr Reardon said. Every market continues to have a shortage of skilled trades, with the worst shortages tending to be in the markets showing the strongest improvements in home building activity. Perth (-0.84) and Brisbane (-0.83) had the most acute shortages among the capital cities, with Sydney (-0.39), Adelaide (-0.38) and Melbourne (-0.35) more modest. Across the regions, the most acute shortage was in regional South Australia (-0.67), followed by regional Victoria (-0.55), regional Western Australia (-0.49), and regional New South Wales (-0.27), with regional Queensland (-0.04) very close to neutral. By trade, two occupations emerged with a surplus of trades for the first time since September 2020: electrical (+0.05) and plumbing (+0.03). Site preparation is also continuing to improve, with a modest shortage of -0.14, while the readings were more acute for other trades, especially bricklaying (-0.93) and ceramic tiling (-0.91).
Categories: Forest Products Industry
Techlam partners with Woodspan in engineered timber
Structural glulaminated timber manufacturer Techlam has partnered with Woodspan to ensure the continued availability of engineered timber products, following a recent operational disruption at Woodspan’s New Plymouth facility in New Zealand. Source: Timberbiz The new collaboration between Techlam, one of New Zealand’s largest glulam timber manufacturers and Woodspan, known for its innovative parallel laminated timber (PLT) panels, has been established to maintain a stable supply for customers and offer continuity during a time of change. Woodspan’s PLT panels, made from New Zealand-grown radiata pine, are used extensively in floor and roof structures thanks to their strength and quick installation. However, due to a fire that impacted their CNC machinery, Woodspan has temporarily closed its existing production site. “Partnering with Techlam is a strategic move that enables us to keep supplying our customers with the solutions they rely on,” Tom Boon, Chief Executive of Taranakipine Group and co-founder of Woodspan, said. “This partnership allows us to enhance our offerings and reach a broader audience.” Techlam, based in Levin, manufactures a full range of structural laminated timber products, widely recognised for their performance, aesthetics and versatility in both domestic and international markets. The company’s advanced 6-Axis CNC line will now be used to help deliver Woodspan orders with high accuracy and efficiency. “We are excited to partner with Woodspan to deliver exceptional wood products to our customers,” says Brett Hamilton, Managing Director of Techlam. “By combining our glulam expertise with Woodspan’s PLT solutions, we’re creating a stronger, more resilient supply model for timber construction.” Customers will benefit from streamlined procurement, improved design flexibility and integrated structural solutions that simplify project delivery. This alliance brings together two trusted New Zealand manufacturers with a shared focus on innovation, quality and customer service.
Categories: Forest Products Industry
Private native forestry technical video series
The EPA in New South Wales has introduced a series of videos with more technical information to help landholders and harvesting contractors in applying the PNF Codes of Practice. Source: Timberbiz The technical series playlist expands on the concepts in the introductory clips, with more technical information to help landholders and harvesting contractors in applying the PNF Codes of Practice. The video playlist provides an overview of the legal framework underpinning PNF in NSW, introducing the PNF Code of Practice which sets environmental and operational standards for timber harvesting on private land. The video series provides information on a range of issues including constructing drainage features and roll-over cross banks, silviculture and protecting threatened ecological communities. Videos 1-5: Protecting threatened species and their habitat, old growth forest and rainforest. Videos 6-9: Threatened ecological communities Videos 10-13: Tips on constructing different types of drainage Video 14: Removing earth windrows to avoid soil erosion Videos 15-18: Constructing a roll-over cross bank Videos 19-22: Constructing and using simple infrastructure such as log and timber bridges Videos 23-25: Snig tracks and log dumps Videos 26-29: Silviculture and forest management There are also introductory videos for people getting started in private native forestry. You can access all videos here.
Categories: Forest Products Industry
Government special envoy to focus on social housing
The Housing Industry Association has welcomed the announcement of the new ministerial cabinet and in particular the expansion of the housing portfolio to take in the future cities planning and a separate special envoy focused on social housing and homelessness. Source: Timberbiz Clare O’Neil was appointed Minister for Housing, Minister for Homelessness and Minister for Cities following Labor’s win at the Federal Election. “HIA has called on the next term of government to specifically focus on increasing housing supply with dedicated programs targeted towards boosting private housing and rentals,” HIA Managing Director Jocelyn Martin said. “By having a dedicated special envoy focused on social housing and homelessness, this will provide Housing Minister, Clare O’Neil with the ability to pull out all stops and focus on fast tracking the implementation of the key housing commitments set out in the lead up to the election to boost housing supply and increase home ownership rates. “HIA is additionally pleased to see the focus on industry, innovation, small business and productivity in the new Ministerial appointments.” Tim Ayres is the newly appointed Minister of Industry and Innovation, Anne Aly as Minister for Small Business and Andrew Charlton as the Assistant Minister for Science, Technology and the Digital Economy and Andrew Leigh as the Assistant Minister for Productivity. “In February this year the Productivity Commission released a comprehensive housing construction productivity report titled – Can we fix it? Which outlined the policy directions needed for improving productivity including reducing regulatory burden, streamlining and speeding up approval processes, supporting innovation and improving workforce flexibility,” Ms Martin said. “This report provides a comprehensive policy blueprint for reform and HIA is calling on these new Ministerial appointments to action the recommendations from this report as part of their first order priorities. “In doing so it can substantially turn the dial to address the nation’s critical housing shortages and support our industry to build the homes Australia desperately needs.”
Categories: Forest Products Industry
Forest industries welcome reappointment of Julie Collins to forestry portfolio
Australia’s forest industries welcome the reappointment of Julie Collins as Minister for Agriculture, Fisheries and Forestry following Labor’s win in the Federal Election. Source: Timberbiz “Minister Collins has been an ardent advocate for forestry and the supply chain, and we look forward to working with her again this term,” Australian Forest Products Association CEO Diana Hallam said. Other key appointments for the forestry sector included Senator Murray Watt’s move to the Environment portfolio and the Clare O’Neil’s re-appointment as Minister for Housing. The AFPA also welcomed Senator Anthony Chisholm’s return as Assistant Minister for Agriculture, Fisheries and Forestry and Senator Tim Ayres’ appointment as Minister for Industry and Innovation. “On behalf of Australia’s forest industries, I welcome back and congratulate Julie Collins on her re-appointment as our Minister,” Ms Hallam said. “Julie has an outstanding record of stewardship and delivery for our sector, and we look forward to continuing our positive and close working relationship. “We also welcome Murray Watt to the Environment portfolio. As a former Minister for Forestry, Senator Watt has an excellent understanding of our industries and regulatory framework, so we look forward to working constructively with him also,” she said. “It’s a very important time for the forestry portfolio, as the sector works to realise our climate and manufacturing potential while facing numerous challenges including securing resource supply, dealing with a depressed construction market along with ensuring we have a skilled workforce geared to needs.” Ms Hallam said the AFPA would now get back to work with Ms Collins and other key members of the Executive to discuss the soon-to-be-released Timber Fibre Strategy, how the forestry sector can maximise benefits provided by the new ReMade in Australia brand and be part of the solution on housing sector initiatives announced during the election campaign, and also to broadly ensure forestry and forest products is understood and decisions are made with the best interests of our sector in mind. Tasmanian Forest Products Association Chief Executive Officer, Nick Steel said it was pleasing to see Ms Collins return to the portfolio that oversees the industry in Tasmania, which employs more than 5500 people across the state. “It’s also great news that the vital position of forestry minister will continue to be held by a Member of Parliament from Tasmania,” Mr Steel said. “Forestry is an essential industry in Tasmania, so we welcome the Prime Minister’s announcement that a Tasmanian MP will oversee the industry in Canberra. “As we saw in the last Parliament, Minister Collins brings a wealth of knowledge to the Ministry. In the last Parliament, Minister Collins provided excellent representation for our forest industry in Canberra. “Minister Collins worked closely with industry on the policy and funding that delivered for the sector. We look forward to working with Minister Collins over the coming months and years to continue to deliver for our respected, responsible and renewable industry,” Mr Steel said. “The forestry industry in Tasmania is still in a critical phase with the coming together of different areas of government policy, including climate change, the economy, jobs and housing. “The Tasmanian forestry industry is critical to all these national and international policy issues. We look forward to working with Minister Collins and the Albanese Government on the role our sector can play in moving Australia forward,” Mr Steel said.
Categories: Forest Products Industry
Stock market today: Dow, S&P 500, Nasdaq muted after S&P 500 recovers all 2025 losses
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Is GE HealthCare Technologies (GEHC) the Best Young Stock to Buy According to Hedge Funds?
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Is SharkNinja, Inc. (SN) the Best Young Stock to Buy According to Hedge Funds?
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Digital lender Nubank posts slightly adjusted profit miss in first quarter
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