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.
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.