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Latest timber industry news, updated on Monday, Wednesday and Friday.

Gunns’ Heyfield finally sold

The future of the Heyfield sawmill has finally been secured after a contractual dispute was settled this week. Source: ABC Local
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Monitor signals the end for termites

The building and electrical distribution industries could save millions of dollars thanks to the development of a smart timber monitor that is used to accurately measure decay and insect infestations such as termites. Source: The Australian
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Toy inspires Wellington building

A Wellington New Zealand building has been designed with an earthquake protection mechanism inspired by a child's 'push puppet toy'. Source: Stuff.nz.co
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FPC preserves 9 hectares at Warrup

The Forest Products Commission (FPC) has received mixed reactions from conservation groups after agreeing to preserve nine hectares of forest along the historic tramway in Warrup forest Western Australia. Source: Donnybrook-Bridgetown Mail
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ABARES shows increase in log harvesting

The volume of logs harvested in Australia increased by 3.6 per cent in 2010–11, the first increase in three years taking the total value of logs harvested in 2010-11 to over $1.8 billion. Source: Timberbiz
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Indonesia’s bucket load of trouble

Greenpeace International has published a report that KFCs chicken buckets and other paper products are denuding Indonesia’s rain forests. Source: The Mail Online
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Ta Ann cuts workforce in Malaysia

Timber conglomerate Ta Ann Holdings in Malaysia is expecting its labour cost to drastically increase once the national minimum wage policy is implemented. Source: The Star Online
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US timber investments restructured

Historically, timber acreage has appreciated at a rate that outpaces inflation in the US. This has made many who expect a coming bout of inflation to invest in timber acreage. Lately just like most other commodities and natural resources timber prices have come under pressure. Source:
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