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Paper and board sheeters and winders more than 10 years old, usually need to be refurbished in order to improve their efficiency. For this reason, upgrading this type of machines is the best option, as the return on investment is short-term. “The upgrade has been a complete success. Thanks to the automations installed, format changing times and reel loading times have been significantly reduced.” These are the words of satisfaction for the work carried out at the Basque Read more...
Stella-Jones Inc., today announced that it has entered into an agreement to purchase the shares of Cahaba Pressure Treated Forest Products, Inc. (“Cahaba Pressure”) through its U.S. subsidiary for US$66 million, including working capital, which is currently estimated at US$8 million. Cahaba Pressure manufactures, distributes and sells treated and untreated wood poles, crossties and posts and provides custom treating services, primarily utilizing creosote, copper naphthen Read more...
Valmet has decided to invest in filter fabric manufacturing in Pune, India in order to better serve its customers and improve delivery times of filter fabrics to the Asia Pacific and Middle East areas. The investment includes manufacturing equipment for filter fabric production. The new unit will start operation in the second quarter of 2021. “This investment gives us the necessary assets to further develop our services close to customers and strengthen our position Read more...
