USA – Rev-A-Shelf, known for its cutting-edge home organization and storage solutions, recently announced the acquisition of Omega National Products, a respected leader in wood cabinetry accessories, hoods, and components.
Colombia’s Wooden Furniture Exports Stable in 2023
COLOMBIA – The value of Colombia’s wood furniture exports was stable in 2023 reaching USD 60.10 million. This value represented a small decrease of 1.0% compared to 2022 (USD 60.69 million).
Change of Management at Swiss Krono Group
SWITZERLAND – In September 2023, after more than seven successful years as CEO of Swiss Krono Group, Martin Brettenthaler (53) decided to pursue a new professional path.
Sicam 2024 Exhibitor List Now Accessible Online
ITALY – The exhibitor directory for Sicam 2024 is now available online, offering a preview ten months ahead of the event scheduled from October 15th to 18th. Easily accessible with a click, this comprehensive list showcases companies participating in the fifteenth edition of the International Fair of Components, Accessories, and Semi-finished Products for the Furniture Industry.
Steelcase One of the World’s Most Admired Companies
USA – Steelcase has once again secured its position among the globe’s most respected brands on the Fortune 2024 World’s Most Admired Companies list, marking its 18th consecutive year.
Ecuadorian Imports of Decorative Paper Experience a 34.5% Decline in 2023
ECUADOR – The total value of decorative paper imports for wood panel surfaces in Ecuador amounted to USD 31.94 million in 2023. This represented a noticeable decrease of 34.5%% compared to the previous year (2022: USD 48.81 million).
Weinig Holz-Her Unveils New Facility in North Carolina
USA – Weinig Holz-Her USA has unveiled its state-of-the-art facility in Statesville, NC, reinforcing its commitment to growth and innovation in the solid wood and wood panel processing industry.
Nobia Agrees to Sell and Lease Back a Factory Property in Sweden
SWEDEN – Nobia has agreed to sell its under-construction kitchen factory property in Jönköping, Sweden, to Hines, a global real estate firm, for SEK 1,350 million (USD 129 million).
Sharp Decline in Brazilian Particleboard Exports in 2023
BRAZIL – The value of Brazilian particleboard (PB/MDP) exports in 2023 reached USD 80.74 million, marking a substantial drop of 25.9% compared to the USD 108.94 million exported in the previous year.
CAF Invests USD 25 million in Reforestation in Latin America
Ecuadorian Particleboard Exports Decline 8.9% in 2023
ECUADOR – Ecuador witnessed an 8.9% decline in the export value of particleboard (PB/MDP) in 2023, totaling USD 198.16 million (2022: USD 217.54 million).
Kuka Home Announces Plant Expansion of USD 150 million in Mexico
MEXICO – Kuka Home Mexico, a leading Chinese company in the production of high-end upholstered furniture, has officially expanded its plant located in Interpuerto Monterrey, Nuevo León.