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.
Sauder Recognized for Customer Support for 19th Consecutive Year
USA – For the 19th consecutive year, Sauder Woodworking Co. has been honored with the Center of Excellence recognition for its customer support contact center.
SCM Opens New Subsidiary in Slovenia
SLOVENIA- SCM is enhancing its global presence with a new subsidiary, set to open in Trzin near Ljubljana, Slovenia, in January 2024.
Brazilian Wooden Furniture Exports See a 14.3% Decline in 2023
BRAZIL – The export of wooden furniture from Brazil encountered a significant decrease of 14.3% in 2023, totaling USD 561.77 million compared to the USD 655.66 million recorded in 2022.
Chilean Particleboard Exports up 15.5% in 10M-2023
CHILE – The value of Chilean particleboard exports (PB/MDP) in the first ten months of 2023 (10M-2023) was USD 90.27 million which represented an increase of 15.5% compared to the same period last year (10M-2022: USD 78.18 million).
Homag to Participate in FIMMA + Maderalia in May 2024
SPAIN – Homag España is confirmed to exhibit at the 2024 edition of FIMMA + Maderalia, scheduled from May 14-17, 2024, as announced by the event organizers.
Lukas Langer is the New CFO at Dieffenbacher
GERMANY – Dieffenbacher, the German machine and plant manufacturer, for the wood based panel industry has undergone changes in its Management Board’s responsibilities and composition since January 1, 2024.
Argolite AG Becomes Part of the Swiss Krono Group
SWITZERLAND – Founded in 1937, Willisau-based company Argolite AG has been a leading producer of laminate panels since 1953. With 80 employees, it is the sole Swiss manufacturer of HPL (High Pressure Laminates) meeting the EN438 quality standard.
Egger Acquires Minority Stake in Thai Panel Plus
THAILAND – With the goal of further strengthening its own market position in Asia, the Egger Group acquired a 25.1% stake in the Thai wood-based material manufacturer Panel Plus Co., Ltd.
EcoVadis Renews Garnica’s Certification for Sustainable Practices
SPAIN – Garnica, one of Europe’s leading plywood manufacturers, has once again undergone the rigorous EcoVadis evaluation, a testament to the company’s unwavering commitment to sustainable practices across its production process and supply chain.
US Wooden Furniture Imports Down 26.5% in 9M-2023
USA- The United States wooden furniture imports reached USD 9.4 billion in the first nine months of 2023 (9M-2023). This represented a 26.5% decrease compared to the USD 12.8 billion imported in the same period of 2023.
Biesse´s Chief Financial Officer Resigns
ITALY – Biesse S.p.A., a leading global manufacturer of woodworking machinery and technology, has announced the resignation of Pierre La Tour from his position as Chief Financial Officer and Manager in charge of financial reporting and Investor Relations.