Gunns

New Forests snaps up more plantations

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Institutional investor New Forests has increased its forestry holdings stake in Western Australia and nationally by buying a 21,000 hectare estate.

Gunns reviewing operations in WA

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Integrated hardwood forest products company Gunns has announced it may wind down its WA jarrah market as it reviews its sawmilling, processing and retail sales operations at Deanmill, Manjimup and Welshpool.

Supplier, buyer woodchip woes for Albany

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It's not just the collapse of agribusiness schemes in the southern tip of WA that is affecting the region.

Two more Gt Southern projects wound up

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The receivers of Great Southern will wind up the failed agribusiness' 2007 plantation scheme after leading candidates withdrew their offers.

Gunns rejects Gt Southern scheme

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Thousands of Great Southern investors are facing substantial losses after forestry heavyweight Gunns opted against resurrecting the 2007 timber scheme.

Gunns sidesteps Gt Southern question

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Tasmanian forestry company Gunns declined to comment on projected investor returns for the defunct Great Southern timber schemes, moments before asking investors to support its proposal to take over the projects.

Gunns to win Gt Southern projects

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Out-of-pocket Great Southern investors are on the verge of installing Gunns to take over the defunct timber projects, after a lengthy meeting in Sydney today.

Gunns closes in on Gt Southern schemes

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Tasmanian company Gunns is moving towards gaining control over several of Great Southern's early timber schemes, according to proxy numbers, although later schemes are still under a question mark.

WA proposals derailed in Gt Southern bid

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The anointing of a rival bidder by research houses means Pulpwood Plantations is an outsider to secure the necessary votes this week to take over Great Southern timber schemes.

Gunns in bid for Great Southern assets

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Timber company Gunns has put itself into the bidder's circle for Great Southern's assets, a day after it lost its bid for Timbercorp's forestry assets to a US-based company.

Wary response to Gunns

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The furniture manufacturing industry has reacted warily to Wesfarmers' $29 million sale of its Sotico timber business to Tasmanian company Gunns.