FORESTRY company Coillte has reported an eightfold jump in its profits, from €4.2 million in 2009 to €32.1m in 2010.

TIMBER company Medite has developed an ultra-light medium density fibreboard (MDF) wood product which is set to be launched onto the European market.

Coillte have announced that they have bought Weyerhaeuser Europe Limited, the Clonmel-based manufacturer of medium density fibreboard (MDF).