Whiskey distiller Brown-Forman said the rising cost of oak for its whiskey barrels has cut into profits. With one of the most advanced barrel making plants in the world, the company is still running into a shortage of oak barrels as Jack Daniel's bourbon production rises.
Gingrich Woodcraft and the Unifor union failed to negotiate a settlement during a meeting at the Ontatio Labor Relations Board on August 24. Citing Mennonite beliefs, the wood Devlin, Ontario components manufacturer's owner, Leon Gingrich, closed August 17 after workers voted to unionize on August 12.
Astec Industries Inc. said it has entered into an agreement to build, deliver and install the first production line of a new turnkey wood pellet production facility for Highland Pellets LLC. Astec (Nasdaq: ASTE) said the initial $30 million order could total $143 million if additional equipment and services are ordered.
In a move which will double its capacity, RedBuilt LLC is adding a laminated veneer lumber line at its Stayton, OR, facility, one of four manufacturing plants by the Boise, ID-based company. RedBuilt manufactures engineered structural wood products for commercial and multi-family applications.
A pilot production plant for wood-plastic composites in Ulyanovsk, Russian will make pellets incorporating hard plastic, designed for furniture part production and other composite wood products. The higher strength, elasticity and moisture resistance, UV-stabilized and decay-resistant: packaging, construction and furniture parts, along with elements of construction formwork