GERMANY – At the end of April 2025, Homag Group reached a significant milestone in its strategic expansion by acquiring the remaining 29.4% of shares in Kallesoe Machinery A/S, thereby becoming the sole owner of the Danish company. This transaction solidifies Homag's...
GERMANY – At Ligna 2025, German machine and plant manufacturer Dieffenbacher will spotlight innovative technologies and services designed to help wood-based panel producers overcome today’s most pressing challenges. At booth C41 in hall 26, the company will focus on...
USA – Roseburg Forest Products has made significant advancements across its plywood manufacturing operations, investing in cutting-edge equipment and process improvements aimed at boosting efficiency, product quality, and sustainability. Over the past five years, the...
GERMANY – Bedroom furniture manufacturer Nolte Möbel GmbH & Co. KG will permanently cease operations by the end of July, bringing an end to the company’s 70-year history. The Germersheim-based firm informed its remaining 230 employees of the closure on April 28,...
BRAZIL – Brazil’s cultivated tree industry posted record-breaking results in 2024, reaching a trade surplus of USD 15.7 billion, up 23.5% compared to 2023, according to Mosaico Ibá, a bulletin from the Brazilian Tree Industry (Ibá). The sector’s performance was led by...
POLAND – Ingka Investments, the investment arm of the Ingka Group – the largest Ikea retailer – has inaugurated its first solar park in Poland, reinforcing its commitment to the renewable energy transition. The solar park in Recz, with a capacity of nearly 29...
USA – Wayfair Inc. , a leading global distributor of furniture and home goods, reported first-quarter 2025 revenue of USD 2.7 billion, nearly flat year-over-year. U.S. net revenue rose 1.6% to USD 2.4 billion, helping offset a 10.9% decline in international sales....
MEXICO – Sodimac, the home improvement retailer owned by Falabella S.A., has announced plans to open four new stores in Mexico in 2025. With these additions, the company expects to close the year with 19 locations across the country. The expansion reinforces...
GERMANY – Surteco Group reported stable sales but a sharp decline in profitability for the first quarter of 2025 (1Q-2025), as weak market demand and rising material costs weighed on results. The decorative surface specialist generated revenues of EUR 222.3 million in...
GERMANY – Schattdecor Group, a global leader in decorative surfaces, reported preliminary sales of approximately EUR 875 million for the 2024 financial year, coming in slightly below the previous year. Despite the modest decline in revenue, production remained robust...
BELGIUM – Unilin Panels has received a prestigious Red Dot Award in the Product Design 2025 category for its melamine-faced Fibralux Biobased panel. The award recognizes the panel’s outstanding design and strong environmental credentials. Launched in 2023 and further...
MEXICO – Novopan, a leading wood panel manufacturer in Latin America, has announced the launch of its brand Pelíkano in Mexico, as part of its strategy to expand and strengthen its presence in key regional markets. Pelíkano enters the growing decorative panel segment...
