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In 1948, the Sumitomo zaibatsu was effectively liquidated and the forestry business was spun off into a separate entity. Sumitomo Forestry itself was formed in 1955 by merging Toho Norin Co., Ltd. and Shikoku Ringyo Co., Ltd. In 1964, the company started building real estate from timber. In 1970, a subsidiary, P.T., was established in Indonesia.
During the national downturn in the real estate market in the mid-2000s as part of the Great Recession, the company's sales suffered, with earnings dropping off by 60 percent in 2006. [29] As a result, the company cut its workforce, exited the homebuilding market and sold its office holdings [30] which included the corporate headquarters built ...
A forwarder is a forestry vehicle that carries big felled logs cut by a harvester from the stump to a roadside landing for later acquisition. Forwarders can use rubber tires or tracks. [ 1 ] Unlike a skidder , a forwarder carries logs clear of the ground, which can reduce soil impacts but tends to limit the size of the logs it can move. [ 2 ]
In the narrow sense of the terms, wood, forest, forestry and timber/lumber industry appear to point to different sectors, in the industrialized, internationalized world, there is a tendency toward huge integrated businesses that cover the complete spectrum from silviculture and forestry in private primary or secondary forests or plantations via the logging process up to wood processing and ...
Ponsse Buffalo forwarder. Ponsse Plc (Finnish: Ponsse Oyj) [2] is a company domiciled in Finland that manufactures and markets a range of forestry vehicles and machinery such as forwarders and harvesters. The Ponsse company was established by the forest machine entrepreneur Einari Vidgrén in 1970. Today, Ponsse's machines are used at logging ...
UFP Industries, Inc. is a holding company that serves three markets: retail, industrial and construction. The company is headquartered in Grand Rapids, Michigan, and has been publicly traded (Nasdaq: UFPI) since 1993.
China Forestry Group Corporation (Chinese: 中国林业集团有限公司) is a Chinese forestry company, established directly under the State Forestry Administration of the People's Republic of China in February 1984 [3] [4] [5] to plant and manage forests in China and internationally, as well as to produce, process, import and export forest products [6] [7] China Forestry Group Corporation ...
Close to nature forestry is a forest management approach treating forest as an ecological system performing multiple functions. It is developing in the peri-alpine countries of Europe (such as Switzerland, France, Germany and Slovenia) for more than 70 years, based on certain sustainable forest management practices from the late 19th century.