GERMANY – Homag, the leading German woodworking technology company, has scheduled its highly anticipated ‘Technology Days’.
Raute Reports Record Order Intake in 2023
FINLAND – Raute Corporation, a leader in veneer, plywood, and LVL production technologies, saw a significant financial turnaround in 2023.
IMA Schelling Establishes New Subsidiary in Istanbul
TURKEY – The renowned IMA Schelling Group, globally recognized for its precision machinery and solutions in furniture manufacturing, has inaugurated a subsidiary in Istanbul to enhance its presence in the thriving Turkish market.
Deurotech to Supply Arauco With New Impregnation Lines
MEXICO – Deurotech Group, a leader in wood-based panels, paper industry, and environmental technologies, continues its collaboration with Arauco.
SCM Expands With New Subsidiary in Bengaluru, India
ITALY – SCM Group has unveiled plans for the opening of a new subsidiary in Bengaluru, India, coinciding with its participation at IndiaWood from February 22 to 26, 2024.
Owens Corning to Acquire Masonite for USD 3.9 Billion
USA – Owens Corning, a prominent player in the construction and building materials industry, has made a significant move by announcing its acquisition agreement with Masonite International Corp.
Rev-A-Shelf Acquires Omega National Products
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).