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Wood-to-Gasoline Plant Hits Financial Troubles

By Bill Esler Posted: 07/13/2014 6:30PM

KiOR, which converts wood and other cellulosic fibers into gasoline, said in an SEC filing it is unable to make a $1.8 million loan payment to a state agency that funded it, and has retained advisors to develop strategies, including possible sale.

New Viridis Energy Port Partner Pumps $1M in Wood Pellet Business

Posted by Rich Christianson | Posted: 07/11/2014 4:07PM

Halifax Grain Elevator has agreed to invest up to $1 million in return for a maximum 20% equity ownership in the Viridis subsidiary Scotia Atlantic Biomass.

La-Z-Boy Names Daniel King President, Retail Segment

Posted by Bill Esler | Posted: 07/11/2014 3:36PM

La-Z-Boy Incorporated announced the promotion of Daniel King to President of the company's Retail Segment.

Peter Wege, Son of Steelcase Co-Founder Dies at Age 94

Posted by Rich Christianson | Posted: 07/11/2014 3:15PM

Peter Melvin Wege, who had a 54-year career at Steelcase Inc., a business co-founded by his father, died July 7. He was 94.

More than Two-Dozen CNC Software Updates in SAi EnRoute 5.1

Posted By Matt Schumake | Posted: 07/11/2014 10:00AM

SA International, a leading provider of solutions for professional signmaking, wide-format digital printing and CNC machining industries, announces the availability of SAi EnRoute 5.1.

ScotiaBank Forest Products Pricing Index Edged Up in May 2014

Posted by Bill Esler | Posted: 07/11/2014 9:37AM

ScotiaBank says its Forest Products Index edged up in May 2014 as Western Spruce, Pine and Fir and OSB panel rose, then fell back in June. Lumber and panel buyers exercised caution as housing start growth slowed.

Research Shows Renewed Construction Will Increase Flooring Demand

By Elizabeth Fuhrman Posted: 07/10/2014 4:15PM

In the early part of the past five years, as new home construction was stagnant, the wood flooring manufacturing industry’s demand shifted to home improvement rather than new construction, according to IBISWorld’s Wood Flooring Manufacturing in the US industry report.

Arauco Plywood Consolidates U.S., Canadian Operations

Posted by Karen Koenig | Posted: 07/10/2014 4:15PM

Plywood and panel maker Arauco will combine all its U.S. and Canadian sales and operations into one organization, effective August 1. Headquarters for Arauco North America will be in Atlanta, GA.

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