Business

PDM Huws Grey Move saves jobs and creates the largest drive-through timber facility in the Inverness area. Leading builders’ merchant Huws Gray has announced a significant investment in its Inverness…

Subject to the completion of customary closing conditions Komatsu will acquire Malwa Forest AB on April 1st Komatsu to acquire Malwa Forest AB-Komatsu Ltd (hereafter “Komatsu”) (President and CEO: Takuya…

The German round timber market is starting 2026 with exceptionally high prices German round timber prices- The supply of timber is often insufficient to meet the needs of sawmills. According…

The ongoing Middle East Conflict has the potential to expedite alterations in global softwood lumber trade patterns. Within less than two weeks of the Iran-Israel-US Middle East conflict, the broader…

Total UK Softwood Imports reached 9.1 million m3 in 2025, representing a 2.2% decline compared with 2024, according to the latest Timber Development UK (TDUK) figures. While the overall figure…

2025 was a challenging year at Ponsse but operating profits over the 12 months increased Ponsse’s Financial Statement-President and CEO Juho Nummela In 2025, economic conditions remained subdued, particularly in…

Ingka Investments, the world’s largest IKEA retailer, has integrated 152,000ha of Södra’s forest assets in Latvia and Estonia. Ingka Investments, the investment arm of Ingka Group, has completed the acquisition…

Glennon Brothers has announced the acquisition of the Hereford-based Pontrilas Group, adding £120m of turnover to its business. Glennon Brothers has announced the acquisition of the Hereford-based Pontrilas Group, adding…

Huws Gray has launched its own timber merchants in Ayr, at the site formerly operated by National Timber Group (NTG) under its Thornbridge brand. Photo Huws Gray Huws Gray has…

National Timber Systems is Rescued from Administration and 160 jobs are saved National Timber Systems, a once-thriving entity in the timber industry, faced a significant downturn and ultimately collapsed last…