FINLAND – Valmet, has finalized the acquisition of Demuth, a Brazilian company specializing in wood handling solutions, as announced on December 22, 2023. The financial details of the acquisition remain undisclosed. Demuth, which began operations on June 1,...
USA – Omnova Films and Laminates will rebrand as Surteco effective August 1, 2024, following Surteco’s acquisition of Omnova in 2023. This change marks a strategic shift towards operational consolidation and a unified brand identity. “We are prepared...
GERMANY – More than 80 global wood-based panel manufacturers gathered at the NH Collection Hotel in Heidelberg, Germany, July 2-4, 2024, for the first Dieffenbacher Technology Symposium. The event began with an afternoon networking session, facilitating...
CENTRAL AMERICA – During the first four months of 2024, Central America experienced robust growth in the importation of wooden furniture, reflecting a strong demand for these products across the region. According to recent data, the total imports surged to USD...
USA – Cabinetworks Group, the largest privately owned cabinet maker in the U.S., recently announced the closure of its manufacturing facilities in Marshall and Jefferson, Texas. This strategic move aims to optimize their multi-family manufacturing network by...