2018 International Forest Industries IFI Feb March 2018 Digital

LOGGING & BIOMASS NEWS Tigercat releases 2160 Loader Forwarder Tigercat’s new 2160 loader forwarder is well suited to mill yard and a variety of tough duty off-road industrial applications. The 2160 has a 27-tonne payload capacity and is equipped with Tigercat’s WideRange® drive system and Tigercat-designed and built bogie axles for high tractive effort, quick travel speeds and mechanical reliability. The upper assembly is equipped with a 9 m (30 ft) knuckleboom loader style boom system with powerful lift capacity and heavy-duty construction. The machine is extremely stable. Tigercat’s unique centre section design promotes excellent stability and reduced reliance on the oscillation lock, allowing the machine to lift large loads without the use of stabilizers. The 360-degree continuous rotation closed loop swing system combined with the quick and smooth boom, provides unmatched productivity and efficiency when loading, stacking and sorting logs or other materials. The WideRange® drive transmission provides high tractive effort, quick working speeds, and excellent fuel efficiency without the need to shift gears. Combine this with the low ground pressure and performance capabilities of the Tigercat designed bogie axles for first class performance. The Tigercat FPT N67 Tier 4f engine rated at 212 kW (285 hp) allows all of these functions to run simultaneously, resulting in unmatched productivity. OVERVIEW The 2160 loader forwarder is a powerful and versatile machine well suited to mill yard duties like loading, sorting and stacking as well as a wide variety of off road industrial applications. The 2160 has high tractive effort, quick travel speed and carries a 27 tonne payload. Boom control is swift and precise. The base is very stable and well matched to the powerful knuckleboom lifting capacity. Tigercat power. Tigercat support. The 2160 loader forwarder is Tigercat FPT Tier 4f powered. Tier 4f conforms to the latest emissions standards in North America and Europe. Tigercat engines offer quick load response, low operating costs and excellent fuel economy. WideRange Compared with a conventional two- speed transmission, the infinitely variable WideRange® drive provides extremely high tractive effort while permitting quicker working travel speeds. Add the Tigercat ROB17 bogie axles for a complete Tigercat driveline. Key Benefits • T igercat FPT N67 engine with Tier 4f emissions compliance – clean, powerful and efficient; fully supported by Tigercat • WideRange® drive for quicker travel speeds and higher productivity • H eavy duty strength-to-weight optimized boom system • S uper-durable, long-life centre section is constructed with thick steel plate, large diameter pins and tapered roller bearings • C onvenient access to service and maintenance points Sales climb 18% for Rayonier’s NZ operation Rayonier reports Q4 net income of US$64.2M, on revenues of US$239.7M, up from income a year ago of US$48.3M on revenues of US$229.3M, and 2017 net income of US$148.8M on revenues of US$819.6M. It’s reported that the Pacific Northwest, New Zealand and Real Estate performed strongly for the company. For New Zealand, fourth quarter sales of $59.3 million increased $9.2 million, or 18%, versus the prior year period. Harvest volumes increased 16% to 649,000 tons versus 562,000 tons in the prior year period, driven primarily by incremental volume from recent acquisitions. Average delivered prices for export sawn timber increased 11% to $115.77 per ton versus $104.26 per ton in the prior year period, while average delivered prices for domestic sawn timber increased 7% to $83.02 per ton versus $77.41 per ton in the prior year period. The increase in export sawn 8 International Forest Industries | FEBRUARY / MARCH 2018 timber prices was primarily due to stronger demand from China. The increase in domestic sawn timber prices (in U.S. dollar terms) was driven by strong local demand for construction materials, partially offset by a modest decrease in the NZ$/US$ exchange rate (US$0.70 per NZ$1.00 versus US$0.72 per NZ$1.00). Excluding the impact of foreign exchange rates, domestic sawn timber prices increased 11% from the prior year period. Operating income of $16.1 million increased $4.4 million versus the prior year period due to higher prices ($5.3 million) and higher volumes ($2.1 million), which were partially offset by lower carbon sales ($2.8 million), higher road maintenance costs ($0.1 million) and higher depletion rates ($0.1 million).

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