Enviva Closing Amory Mill in Mississippi
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Weyerhaeuser Completes Carbon Credit Sale
Weyerhaeuser announced an agreement for the sale of nearly 32,000 forest carbon credits at $29 per credit. This agreement marks Weyerhaeuser’s first transaction in the voluntary carbon market and represents the sale of all credits issued by American Carbon Registry for the first year of the company’s Kibby Skinner Improved Forest Management (IFM) project in Maine…
Bandit Names Craig Davis CEO/President
Craig Davis is the new CEO and President of Bandit Industries, as announced by former CEO Jerry Morey. Davis joined Bandit in 2018 as sales director and has also been a part of the Bandit management board, overseeing marketing and parts management…
Late 2022 Purchases Put Enviva In A Bind
“Our future profitability and liquidity are expected to be negatively impacted by the following matters which have resulted in substantial doubt about the company’s ability to continue as a growing concern,” states Enviva in its 10-Q filing with the Securities and Exchange Commission upon releasing its third quarter earnings report, which noted that Enviva incurred net losses of $258 million for the nine…
Morbark Unveils BVR, TW Series Brush Chippers
Morbark has unveiled the all NEW “BVR” line of hand-fed brush chippers at this year’s TCI Expo, in St. Louis, Mo. Alongside the BVR lineup, visitors found 6- and 8-in. brush chippers from Timberwolf. Timberwolf, an Alamo Group company, is headquartered in Suffolk, UK, and will be marketed in the U.S. as the Morbark TW series, beginning the first quarter of 2024…
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