world news - 15.07.2003
New Pallet Production in Wales
A prime 50,000 sq ft (4,645 sq m) factory located at ABP’s Port of Barry in South Wales will more than treble Scott Timber’s timber-pallet production capacity in the area, giving customers an enhanced quality of service, as well as a valuable boost to the local economy.
As part of this major investment, Scott Timber will spend £300,000 buying and installing a state-of-the-art pallet-assembly line from Spain. Capable of producing seven pallets a minute, the high-tech machine has the potential to double the site’s output and drive further expansion in Wales.
ABP, for its part, will invest nearly £800,000 as part of a major refurbishment programme to upgrade the port’s Transit A Shed, and improve cranage to accommodate Scott Timber’s operation.
The Scott Timber Group, the UK’s leading pallet manufacturer, has teamed up with Associated British Ports (ABP), the UK’s leading and largest ports group, to announce plans to expand its operations in Wales significantly, with a major £1 million investment in new premises and state-of-the-art machinery as part of a 10-year agreement.
See also:
- — Universal Forest Products, Inc. supports confidence with record results in second quarter. Net sales rise 9.4% to $552.5 million; Diluted earnings per share jump 14.6% to $0.94
- — Japan: Importers Projections for 2003. The Japan Log and Lumber Importers Association has released its projection of imports for major forest products for 2003.
- — China: Russian Timber Exports to Fall
- — JAPAN — RISE IN PRICE FOR STRUCTURAL PLYWOOD
- — Brazil Pine Plywood Prices Set to Rise. Brazilian pine plywood producers are expected to try and increase their export prices in the second half of the year ...