BELGIUM – In a decisive move to protect European jobs and ensure fair competition in the wood flooring sector, the European Commission has imposed definitive anti-dumping duties ranging from 21.3% to 36.1% on imports of multilayered wood flooring...
Ikea Expands in China with JD.com Launch
CHINA – Ingka Group, the largest Ikea retailer, has officially launched its online store on JD.com, aiming to expand its reach in China with its home furnishing products and expertise. The platform will offer more than 6,500 items across all categories, with...
Dieffenbacher Appoints Stefan Zipf to Management Board and Future CTO
GERMANY – On August 1, 2025, German machine and plant manufacturer Dieffenbacher appointed Stefan Zipf, Head of the Wood Business Unit, to its Management Board. Zipf will also assume the role of Chief Technical Officer (CTO) from March 1, 2026, while continuing...
Leitz Opens New Headquarters
GERMANY – With the ceremonial inauguration of its new building complex at Leitzstraße 1, the Brucklacher Group has taken a significant step in its strategic growth path. The modern facility now serves as the headquarters for its three sister companies – Leitz,...
Homag’s Order Intake and Sales Down in 6M-2025
GERMANY – The Homag Group significantly improved its earnings in the first half of 2025 (6M-2025), driven by cost reductions and modest growth in its service business. However, both order intake and sales came in below the previous year's figures. The...
Sauder Lays off 150 Workers Amid Sales Slump
USA – Sauder Woodworking, one of Fulton County’s largest employers, has laid off about 150 workers, according to local news reports, due to a drop in sales, reducing its workforce to fewer than 1,000 employees. “We had to adjust our staffing levels to...
Most Brazilian Wood Products Not Exempt from New U.S. Tariff
BRAZIL – The Brazilian Association of Mechanically-Processed Timber Industry (Abimci) has issued a statement regarding the Executive Order announced by the U.S. government on July 30, which imposes new tariffs on Brazilian exports. According to a...
Wood Division Drives Dexco’s Quarterly Results
BRAZIL – Dexco, the largest wooden panel manufacturer in Latin America, reported a notable operational improvement in the second quarter of 2025 (2Q-2025), with strong gains in its Wood Division and EBITDA despite a sharp drop in net profit year-over-year. From...
Masisa Appoints PwC to Lead Strategic Partner Search
CHILE – Masisa S.A., a leading provider of wood solutions for furniture and interior architecture in Latin America, has announced a new development in its financial strengthening strategy through a material fact disclosure. GN Holding S.A., the company’s...
Georgia-Pacific CEO Christian Fischer to Retire
USA – Georgia-Pacific , one of the world’s largest manufacturers of forest products and related chemicals, announced that Christian Fischer, president and CEO, will retire at the end of October 2025. He will begin transitioning his responsibilities in...
BioComposites Centre Postpones Global Wooden Panel Symposium
WALES – The International Panel Products Symposium (IPPS), a major global event focused on research and technology in the wood-based panel industry, has been cancelled this year. Originally scheduled for October 2025 in Wales, the event has been postponed to...
Biesse Reports Revenue and Profit Decline in 6M-2025
ITALY – Biesse Group, a global leader in machinery for processing wood, glass, stone, and advanced materials, reported first-half 2025 (6M-2025) revenues of EUR 322.8 million, down 18.4% compared to the same period in 2024. EBITDA fell 51.4% to EUR 16.0 million,...