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Prediction: 3 Time-Tested Dow Stocks That Can Double Your Money by 2030
Categories: Forest Products Industry
34% of Warren Buffett's $318 Billion Portfolio Is Invested in These 8 "Forever" Stocks
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Aside From Nvidia, There Is 1 Other "Magnificent Seven" Stock That Stands Above the Rest. The Reason Why May Surprise You.
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HP accused of ‘complete lack of humanity’ after suing Mike Lynch’s family
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Meet the Supercharged Growth Stock That Could Join Apple, Microsoft, and Nvidia in the $2 Trillion Club by 2029
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Retirees, It’s Time to Give Yourself a Raise. How to Keep the Cash Flowing for Decades.
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A Capital-Gains Tax Battle Is Coming. Harris and Trump Won’t Control the Outcome.
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Nvidia's 15% stock slide has created a compelling buying opportunity, BofA says
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Applied Digital stock soars 76% after Nvidia participates in $160 million funding for the data center firm
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Watch These Broadcom Price Levels as Stock Tumbles on Light Revenue Outlook
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UPM temporarily shuts down mills in Finland
The UPM Kaukas and UPM Kymi pulp mills in Finland will adjust their production temporarily to meet market conditions. Source: Timberbiz The mills’ production will be curtailed in accordance with the change negotiations held in March. “We are adjusting our production as a normal measure in line with market and cost developments, focusing on profitability,” said Marko Sundqvist, Vice President, Pulp Operations Finland. The shutdown of the Kaukas pulp mill will start on 9 September and the shutdown of the Kymi pulp mill on 23 September. The shutdowns are estimated to last for three weeks. Maintenance work will be carried out during part of the shutdown period, but temporary layoffs are possible. UPM’s pulp mills in Pietarsaari and in Uruguay will continue to run at full capacity. Deliveries to customers will continue normally during the shutdowns.
Categories: Forest Products Industry
Trees for good health
Creating a more robust tree canopy may reduce inflammation in a neighborhood’s residents, according to new research from the University of Louisville. Source: Courier Journal The Green Heart study, conducted by the university’s Christina Lee Brown Envirome Institute, involved over 8,000 tree and shrub plantings in south Louisville and ongoing health monitoring of 745 resident participants. Researchers found 13% lower levels of high-sensitivity C-reactive protein — a key biological marker of inflammation — in residents whose neighborhoods saw thousands of plantings of trees and shrubs, compared to residents whose neighborhoods were not greened. Inflammation is a risk indicator for heart disease and other chronic conditions. Recent health equity data found heart disease was the leading cause of death in Louisville from 2017-21. The reduced C-reactive protein levels researchers observed can help estimate a reduced risk of heart attacks in local residents — possibly by 10-15%, said Aruni Bhatnagar, director of the Envirome Institute. “Just think about that, not only the human toll of having to go through heart attacks and chronic disease,” Bhatnagar said, “but also the economic impact of this work.” The project’s findings, he added in a statement, “will bolster the push to increase urban greenspaces,” and could possibly be replicated in other communities around the country. The Green Heart findings add to a wealth of scientific evidence of how trees can benefit the health, wellbeing and economic prosperity of a community. In past assessments, Louisville’s tree canopy was found to save the city an estimated $330 million every year — intercepting more than 18 billion gallons of stormwater and filtering harmful pollutants from the air. Trees also cool neighborhoods by casting shade and through evapotranspiration, the process by which plants release moisture into the air. The Green Heart findings add to a wealth of scientific evidence of how trees can benefit the health, wellbeing and economic prosperity of a community. In past assessments, Louisville’s tree canopy was found to save the city an estimated $330 million every year — intercepting more than 18 billion gallons of stormwater and filtering harmful pollutants from the air. Trees also cool neighborhoods by casting shade and through evapotranspiration, the process by which plants release moisture into the air.
Categories: Forest Products Industry
Upgraded Komatsu 895 better performance and stronger
With its powerful transmission and large load capacity, the Komatsu 895 is a truly productive final felling forwarder. There is an all-new, powerful crane option; the 205F. The Komatsu 895 has also been upgraded with a robust load space, including gate and bunks with telescopic function. In conjunction with this upgrade a new grapple model is presented, the G88H, as well as a new rotator that fits the larger crane. Source: Timberbiz The Komatsu 895 was introduced in 2013 and has undergone a number of productive upgrades during the years. With this upgrade, focus is on a new, powerful crane and a load space with a telescopic full-width gate and telescopic bunks. The cooperation with customers has been a guide in this project and experiences from plantation forestry in South America as well as final felling in the Nordic countries, Australia and North America have contributed invaluable input in the development work. The 205F is a brand new, powerful crane with a lifting torque of 205 kNm and a slewing torque of 51.9, kNm. It has been developed with a focus on increased productivity in final felling and plantation forestry. The crane has a robust, welded crane pillar which together with the inner boom and outer boom provides both good lifting capacity and lifting geometry. Choose between a reach of 7.5/8.5 m with single telescope or 10 m with double telescope. In connection with this, we also offer a brand new, larger grapple model, G88H, with tip-to-tip area 0.55 m2. The new grapple also has a powerful new rotator, the GX. The new load space consists of a robust, telescopic gate and new, hard-wearing bunks with telescopic widening function. The entire gate is raised and lowered hydraulically and the foldable wideners can be locked in the retracted or extended position. There is also an option to make the gate movable along the rear frame direction. The new bunks have a telescopic widening function and can also be equipped with hydraulic height-adjustable stakes. This increases the productivity of loading and unloading by reducing the height that the timber needs to be lifted over the stakes – which also contributes to reduced fuel consumption. The machine’s frame system, including articulating frame and bearings, has been designed to handle the increased crane capacity and the new load space. The more robust frame also gives the machine better durability in challenging environments. A longer rear frame option is also offered to suit plantation forestry, mainly in South America. It is adapted for the log length of 7.2 meters. Another new feature is that the hydraulic system is equipped with a hydraulic pump with electric control. This provides benefits such as more even pressure levels and improved efficiency. The hydraulic tank has also been further developed and equipped with a practical new single filter that simplifies maintenance and service. In summary, the upgraded model offers a combination of higher performance and more robust design, making it a productive and reliable companion in the forest.
Categories: Forest Products Industry
Kidd to chair Frame & Truss National Safety Council
Andrew Kidd has been appointed chairman of the Frame & Truss National Safety Council. Source: Timberbiz Mr Kidd has an extensive background, spanning over more than two decades at Dahlsens. His work in varied roles – from Transport & Warehouse Manager to Safety Manager – equips him with a holistic understanding of the complexities that frame and truss operations encompass. He also holds a Diploma of Work Health and Safety and a Certificate IV in Training and Assessment. The accolades from colleagues and members of the FTMA community speak volumes about Mr Kidd’s character and capabilities. Andrew’s competence and his unwavering support during challenging situations is exactly what our members need, providing support, particularly in times of distress, is an invaluable trait that will serve the FTNSC and FTMA members exceptionally well. With meetings already being organised with various WorkSafe authorities throughout the country, it’s clear that Andrew’s leadership will usher in a proactive approach to tackling workplace safety challenges. His vision includes implementing effective safety initiatives tailored to the specific needs of the frame and truss sector, all while nurturing a culture of safety among our members.
Categories: Forest Products Industry
AKD launches 2025-2026 graduate intake program
AKD has launched the next graduate intake for 2025-2026 at their sites at Caboolture, QLD, Tumut, NSW and Colac, Victoria. Source: Timberbiz This will mark the third year this program has taken place, since its inception in 2022. Graduates have come from disciplines such as Forestry, Mathematics, Business and Engineering. As a result of the program, AKD has successfully provided ongoing employment for most graduates who have taken their careers into areas they were exposed to as part of the program. The program allows for graduates to spend time on different projects, and in some instances, have different supervisors and locations to work at, which has helped provide them with the awareness of where their career can go across our whole operation and allowed for AKD to tailor the experiences to areas of interest for the individuals. To date, much of the cohort have come from the Engineering fields of Mechanical, Electrical and Mechatronics. This has proven successful to provide future talent into areas of continuous improvement, projects and maintenance across sites. “We have had two great cohorts come through this program to date, many of those being current employees who have completed their studies as well as interns, returning for a longer duration due to their experiences when they were studying, which makes me very proud of the program,” Talent Attraction & Development Manager, Gen Ryan said. “My hope is for this future cohort, that we attract a more diverse pool of people in terms of both demographics and disciplines. “There will always be a focus on STEM, but we have seen great things from individuals with passions in other areas such as business and management as well,” she said. AKD will be holding an online information session, showcasing their internship and graduate program, to be held on September 5. Details can be found on https://www.akd.com.au/people-careers/graduate-program/
Categories: Forest Products Industry
Bushfire outlook shows increased risk
The Seasonal Bushfire Outlook for Spring 2024 shows increased risk of fire for large areas in NT and Queensland, as well as far west and southwestern Victoria, and the southeast corner of SA. Source: Timberbiz Mean temperatures for the year to date have been above average to very much above average for most areas, with areas of western WA and northern SA experiencing highest on record maximum temperatures for the period. August saw widespread above average temperatures and was the warmest August on record. For spring, there continues to be an increased likelihood of unusually high maximum temperatures across most of Australia. There is an increased chance of above average rainfall for much of NSW, Queensland, eastern Tasmania and far southeast SA, while large parts of WA have an increased chance of below average rainfall. For this outlook period, increased risk of fire for southern and central Queensland is driven by dry grasslands caused by winter frosts and dry winds. In northern Australia, unseasonal rainfall in Queensland and NT has led to increased fuel loads. In both cases, fire authorities warn of increased fire danger as temperatures increase. Further south, large parts of southeast SA and WA and parts of Tasmania received rainfall in the lowest 10% on record for the first half of the year. However, August saw above average to well above average rainfall in both southwest WA and western Tasmania, easing dry conditions in the region. Fire authorities are advising communities of the potential for an early start to the fire season in parts of SA and Victoria, and extending to Tasmania if warm and dry conditions continue to dry out fuels towards summer. While other parts of Australia show normal risk of fire during this outlook period, communities are encouraged to be vigilant and stay alert through winter months. Destructive and deadly fires can still occur during normal bushfire seasons across Australia. AFAC CEO Rob Webb urged communities to prepare and adhere to advice of local fire authorities this spring. “Fire and emergency services are prepared for the fire season ahead and are here today to encourage communities to do the same,” Mr Webb said. “Now is the time to make a plan. Understand your local risk, know where you will get your information, and talk to your family about what you will do.” This Seasonal Outlook was developed by the Bureau of Meteorology, Queensland Fire Department, the NSW Rural Fire Service, ACT Emergency Services Agency, ACT Parks and Conservation Service, Country Fire Authority, Department of Energy, Environment and Climate Action Victoria, Tasmania Fire Service, SA Country Fire Service, Department of Fire and Emergency Services and Department of Biodiversity, Conservation and Attractions WA, Bushfires NT and AFAC.
Categories: Forest Products Industry