ECUADOR – Aglomerados Cotopaxi, a well-known producer of wood panels, is the first company in Ecuador to be verified as Carbon Negative, making a significant contribution to sustainable development.
Owens Corning Completes Acquisition of Masonite
USA – Owens Corning has completed its USD 3.9 billion acquisition of Masonite International Corporation, a global leader in interior and exterior doors.
Homag Sales fall 14.1% in 1Q-2024
GERMANY – The Homag Group’s sales declined 14.1% in the 1Q-2024 due to last year’s significant drop in demand.
Biesse Sales in 1Q-2024 Down 6.5%
ITALY – Biesse Group – a leader in technology and machinery for processing wood and other materials – recently reported its financial results for 1Q-2024, which closed with sales revenues of EUR 195.8 million, 6.5% less than the EUR 209.5 million obtained in the same period of the previous year.
Eucatex Publishes 1Q-2024 Results
BRAZIL – Eucatex, one of the largest wood-based panel manufacturers in Brazil announced its results for the first quarter of 2024 (1Q-2023).
MasterBrand Sales Down in 1Q-2024
USA – MasterBrand, Inc., the largest residential cabinet manufacturer in North America, recently disclosed its financial results for the first quarter of 2024 (1Q-2024).
Ikea Opens Its Tenth Store in Switzerland
SWITZERLAND - Ikea has inaugurated its tenth furniture store in Switzerland: The Riddes branch in Valais is the most modern Ikea store in Switzerland. With approximately 23,000 square meters of retail space spread across two floors, customers will discover a wide...
Red Dot Design Award for FurnSpin by Hettich
GERMANY – At Hettich, innovation is integral to both their DNA and product line, consistently recognized by numerous prestigious awards.
Fabrizio Anzalone Appointed Head of SCM’s North American Operations
ITALY – SCM Group, a global leader in woodworking machinery and technology, has announced that Fabrizio Anzalone will take over as manager of its subsidiaries in the United States, Canada, and Mexico starting May 6.
All Set for interzum bogota
BOGOTA – Set to transform the future, the upcoming edition of interzum bogota will be held at Corferias from May 14 to 17. This pivotal event for the wood transformation and furniture manufacturing sectors will unite state-of-the-art solutions and the latest industry trends under one roof.
FIMMA + Maderalia 2024 With More Exhibitors
SPAIN – Preparations are complete for FIMMA + Maderalia, the major Spanish biennial trade fair for technology, machinery, and solutions in the wood, furniture, carpentry, and contract industries, which celebrates its 40th anniversary.
Leuco China Unveils New Headquarters
CHINA – Leuco, a leading provider of precision tooling and sharpening services for the woodworking industry, recently unveiled its new headquarters in Taicang, China.