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Kadant Completes Key Knife Acquisition

Kadant Completes Key Knife Acquisition Kadant Inc. has completed its previously announced acquisition of Key Knife, Inc. and some of its affiliates for approximately $156 million in cash, subject to certain customary adjustments. The acquisition was financed primarily...

MiCROTEC Appoints New Corvallis CEO

MiCROTEC Appoints New Corvallis CEO MiCROTEC has announced the appointment of Ofer Heyman as its new Chief Executive Officer in Corvallis, Ore. Heyman brings a wealth of experience and a background in the industry, making him a valuable addition to the MiCROTEC team....

SPI Names Robert Hoover Vice President Of Resources

SPI Names Robert Hoover Vice President Of Resources Sierra Pacific Industries (SPI) has named Robert Hoover Vice President of Resources, effective Jan. 1, 2024. He will work with SPI’s team of professionals who sustainably manage the company’s 2.4 million acres of...

U.S. Housing Starts Boom In November

U.S. Housing Starts Boom In November U.S. housing starts—single-family and multi-family combined—made their largest monthly increase in 2023, jumping 14.8% in November over October to a rate of 1.560 million. Single-family starts in November were at a rate of 1.143...

Weyerhaeuser Enhances Coastal Holdings

Weyerhaeuser Enhances Coastal Holdings Weyerhaeuser Co. entered into two agreements with Forest Investment Associates to divest 69,600 acres in upstate South Carolina for $170 million, and to purchase 60,700 acres of high-quality timberlands in coastal North Carolina,...