News & Innovation
Astec, Bejac Announce Distribution Agreement
Astec has announced Bejac Corp., a heavy equipment dealer with 10 locations, will represent the Peterson line of forestry and environmental recycling equipment in California and Arizona. Bejac, founded in 1953 operated as an underground pipeline contracting business until 1985 when the company pivoted to the heavy, specialty equipment sector. In 2008, Bejac rapidly expanded its product line offerings and now focuses on a diversified customer base that complements Astec growth strategy…
J.M. Huber Corp. Receives Management Honor
J.M. Huber Corp. (Huber) has proudly announced it has been selected as a 2023 U.S. Best Managed Company Gold Standard honoree. Sponsored by Deloitte Private and The Wall Street Journal, the program recognizes outstanding U.S. private companies and the achievements of their management teams. The 2023 designees are U.S. private companies that have demonstrated excellence in strategic…
Oregon Groups Fund Awareness Campaigns
With the state of Oregon facing key timber management issues concerning upcoming changes to its overall forest practices act and management of state forests, the Oregon Forest Resources Institute (OFRI) recently kicked off an educational outreach campaign that is running in April and May highlighting the importance of sustainable managed forests to both the environment and the economy…
Enviva Announces First Quarter Setback
Enviva, the world’s largest producer of industrial wood pellets, released its quarterly report in early May, and it rippled through the wood-to-energy ranks. “The plans and initiatives underway to improve productivity and costs across Enviva’s current asset platform continue to fall behind expectations,” commented John Keppler, Executive Chairman of the board. “While the board of directors remains convinced of management’s ability to deliver the originally forecasted operational and financial performance over time, it is clearly taking longer than expected…
Mercer Launches ‘Growing Forests – Growing A Future’
Mercer had announced the launch of a program supporting forest owners in Germany, called “Growing Forests – Growing A Future.” Mercer Holz, the wood purchasing arm of Mercer, is committed to partnering with forest owners in Germany to sustain the longevity of their forests. Over the next few years, in a concrete step of solidarity, Mercer will provide participating forest owners across Germany with a careful selection of seedlings to help replenish their forests. This is one of the first company-sponsored large-scale tree planting endeavors within the German wood products industry…
Oregon Town Gets Biomass Project Grant
City officials in Prineville and Crook County, Oregon are one step closer to building a biomass power plant in their central Oregon town after the U.S. Forest Service (FS) recently awarded a $1 million grant to the city and its Prineville Renewable Energy Project (PREP)…
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