ITALY – The Salone del Mobile.Milano 2024 saw an impressive turnout, with over 1,950 exhibitors from 35 countries.
Dieffenbacher Joins EcoReFibre Research Efforts
GERMANY – In May 2022, Dieffenbacher and 19 organizations from seven countries launched the EcoReFibre project, funded by 12 million euros from the EU, to recycle end-of-life fiberboards.
Masonite Shareholders Approve Acquisition by Owens Corning
USA – Masonite International Corporation has announced that its shareholders have overwhelmingly voted in favor of the proposed acquisition by Owens Corning during a special shareholders meeting.
RoyOMartin Invests USD 30 million to Modernize OSB Manufacturing Plant
USA – Martco, LLC, the parent company of RoyOMartin, is set to invest over USD 30 million in high-tech equipment for its Allen Parish OSB plant, which serves the housing industry.
Ikea Opens its First Distribution Centre in Ireland
IRELAND – Ikea Ireland is celebrating the grand opening of its cutting-edge distribution center in Rathcoole, Co. Dublin, a key step in its expansion across Ireland.
Industry 5.0 Takes Center Stage at Xylexpo 2024
ITALY – From May 21 to 24, 2024, Xylexpo will be held in Halls 1 and 3 of FieraMilano Rho. The biennial event, focused on wood and woodworking machinery, has already attracted more than 260 exhibitors, with a third of them coming from the international scene.
German Kitchen Furniture Sales Declining in Early 2024
GERMANY – According to the latest data from the Verband der Deutschen Küchenmöbelindustrie (VdDK), the German kitchen furniture industry has experienced a notable downturn in sales in first months 2024.
Homag Completes Acquisition of System TM
GERMANY – The Homag Group (Schopfloch) has completed its acquisition of System TM, by purchasing the remaining 20 percent of shares at the beginning of April 2024.
Egger Group Announces Retirement of Ulrich Bühler After 24 Years of Service
AUSTRIA – The Egger Group, one the largest wooden panel manufacturers in the world, bids a fond farewell to Ulrich Bühler as he embarks on his well-deserved retirement at the end of April 2024.
Wayfair Announces Opening Date for Its First Large-Format Store
USA – Wayfair Inc. recently announced the grand opening of its inaugural large-format Wayfair store on May 23, 2024, at 10 a.m. Spanning nearly 14,000 square meters, the Wayfair store is situated in Edens Plaza in Wilmette, Illinois.
Fimma Brasil 2025 Begins Space Commercialization
BRAZIL – One of the world’s largest furniture sector fairs, the International Fair of Suppliers for the Wood and Furniture Production Chain (Fimma Brasil), occurs in Bento Gonçalves.
Services Account for 25% of Total Machinery Sector Turnover
ITALY – The comprehensive insights from the “Digital Servitisation in the Machinery Sector” observatory carried out by Digital Industries World and presented on April 11th, 2024, offer a detailed understanding of the significance of service activities within the machinery sector’s economic landscape.