2018 International Forest Industries IFI Aug Sept 2018 Digital | Page 21

LUMBER PROCESSING NEWS Western Forest Products reports 2Q net income of $27.1m Western Forest Products Inc. reported adjusted EBITDA of $50.2 million in the 2Q 2018, compared to adjusted EBITDA of $47.1 million in the 2Q 2017, and $43 million reported in the 1Q 2018. Operating income prior to restructuring and other income was $39.7 million in the 2Q 2018, compared to $37.7 million in 2Q 2017, and $32.6 million reported in the 1Q 2018. Increased lumber shipments and lower manufacturing costs in the 2Q 2018 more than offset the impacts of $11.7 million of US export lumber duty expense and significantly higher stumpage costs. Net income for the 2Q 2018 was $27.1 million, as compared to $25.6 million for the same period of 2017. Increased revenue and lower operating restructuring items drove an increased net income that was partly offset by higher export lumber duties and income tax expense. Rossi Group opens new sawmill in Pennsylvania Rossi Group LLC of Connecticut has opened its new mill at Emporium in western Pennsylvania, one of the most advanced in America, following the destruction of its sawmill by fire just 15 months earlier. The mill is expected to be fully operational by the end of the year, reports TTJ. Production of graded lumber will be sold to domestic and long- standing Rossi customers around the world. President Ted Rossi says the new mill will produce 50% more graded sawn lumber with the same staff and help to secure jobs for up to 250 local families for at least the next 40 years. NEW LOG OPTIMIZER THE BURNING QUESTION. What is the latest in log optimization? AUTOLOG HAS THE ANSWER. Here are just a few examples of what our NEW log optimization solution can offer: • scan density of ½" at 650 ft/min • can replicate any curve sawing from a downstream machine • offers an easy comparison tool to analyze multiple simulation results • live simulation: compare side to side solutions from live production logs optimized with different parameters Stay tuned and visit our website for more information. Ligna 2019 27 - 31 May Hannover TECHNOLOGY. QUALITY. CUSTOMER EXPERIENCE. 1240, Michèle-Bohec Blainville (Qc) J7C 5S4 Canada ®Trademark Autolog, Production Management Inc. 1-450-970-2113 [email protected] International Forest Industries | AUGUST / SEPTEMBER 2018 19