USA – HNI Corporation and Steelcase Inc., two giants of the North American contract furniture industry, have agreed to merge in a cash and stock transaction valued at approximately USD 2.2 billion. The deal, expected to close by the end of 2025, will see HNI...
ECUADOR – Ecuador's exports of particleboard / MDP totaled USD 91.3 million between January and June 2025, marking a decline of 8.1% compared to the same period in 2024. Despite the overall drop, the first half of the year revealed growth in key markets such as...
AUSTRIA – Despite a persistently difficult global context marked by economic slowdown, weak construction demand, and geopolitical uncertainty, Egger posted solid results in the 2024/2025 financial year. The Austrian wood-based materials manufacturer reported...
GERMANY – Nobilia, Europe’s largest kitchen manufacturer and Germany’s top producer of kitchen furniture, has launched its first fully AI-generated commercial, marking a significant milestone in digital brand communication. The company, which claims to produce...
GERMANY – Surteco Group, one of the world's leading full-service providers of decorative surfaces , reported a 2,5% drop in sales for the first half of 2025 (6M-2025), reaching EUR 436.3 million compared to EUR 447.6 million in the same period last year. The decline...
SPAIN – Cantisa, the Spanish company with four decades of experience in manufacturing and supplying high-quality edgebanding and screw covers for the furniture and woodworking industries, has unveiled a new highlight in its product range: precision-matched...
GERMANY – Homag has been honored with the “Training Champions 2025” award by the FAZ Institute, in collaboration with the analysis firm Service Value. Scoring 93.5 out of 100 points, Homag secured eighth place in the “Mechanical and Plant Engineering Companies”...
BRAZIL – The Brazilian Association of Mechanically Processed Wood Industry (Abimci) has issued a public warning about the severe impact of the 50% tariff the United States plans to impose on Brazilian wood products. With around 180,000 direct jobs at risk, the...
USA – During the AWFS Fair at the Las Vegas Convention Center, Felder Group USA was honored with the Visionary New Product Award in the Machinery Over USD 50,000 category for its cutting-edge Format4 Tempora F1000 High-Capacity Edgebander. The Visionary...
SPAIN – Garnica, a global leader in the plywood industry, has been awarded the prestigious Gold Medal by EcoVadis, placing the company among the top 3% of the most highly rated businesses in the wood product manufacturing sector worldwide in terms of...
USA – According to customs data, U.S. imports of wooden furniture totaled USD 5.469 billion from January to May 2025 (5M-2025), reflecting a 2.8% increase compared to the same period in 2024. The growth was mainly driven by higher volumes from Vietnam and...
ECUADOR – Novopan, the largest particleboard exporter in Latin America, has taken a decisive step in its sustainability strategy with the launch of a state-of-the-art Biomass Energy Plant. The new facility generates up to 30 MWh of thermal energy, primarily used...
