CHILE – Chilean particleboard (MDP) exports experienced an important increase in 2024, reaching USD 123.08 million, a 22.6% increase compared to the previous year. The growth was driven primarily by strong demand in key markets such as Mexico, Colombia, and the United...
USA – Paul S. Bush, the visionary founder of Bush Industries, Inc., and a prominent figure in the American Ready-To-Assemble (RTA) furniture industry, has passed away. Born on May 5, 1936, in Olean, NY, Bush’s life was marked by his entrepreneurial spirit, dedication...
ITALY – At Ligna 2025, SCM Group will mark its 50th anniversary at the world’s leading woodworking trade fair, solidifying its position as a global industry leader. With a strong focus on innovation and cutting-edge technology, SCM will present a variety of solutions...
GERMANY – In January 2025, Siempelkamp became the first company to join the Maschinenraum ecosystem this year, a network supporting family businesses in addressing key transformation challenges. As a leading technology supplier in machine and plant engineering,...
ARGENTINA – Arauco Argentina is developing an investment of over USD 250 million to modernize its pulp mill in Puerto Piray, Misiones. The project includes the installation of a new 39-megawatt turbo generator, which will initially supply power exclusively to the...
CANADA – Dorel Industries Inc. , a leader in North American furniture manufacturing, has entered into a sale-leaseback transaction involving its factory and warehousing facility in Columbus, Indiana, to improve its financial standing. The sale will generate USD 30...
USA – The Home Depot, the largest home improvement retailer in the world, reported sales for the fourth quarter of fiscal 2024 of USD 39.7 billion, marking an increase of USD 4.9 billion, or 14.1%, from the same period in fiscal 2023. Comparable sales grew by 0.8%,...
PORTUGAL – Sonae Arauco, one of the world’s largest wood-based solutions companies, has secured a EUR 200 million Sustainability-Linked Loan. The financing is based on sustainability targets for 2029, including a 9.3% increase in recycled wood use and a 59% reduction...
GERMANY – Homag, a leader in woodworking technology, is showcasing its comprehensive solutions at Ligna 2025, marking 50 years of innovation. Under the theme "Building Living Spaces," the company brings together System TM, Kallesoe, Weinmann, and Homag to cover the...
USA – BIFMA, representing commercial furniture manufacturers and suppliers across North America, emphasizes the importance of free trade in maintaining competitive global supply chains. The association warns against new tariffs that could disrupt trade relationships...
PERU – Peru’s imports of particleboard saw a significant rise in January 2025, increasing by 37.7% compared to the same month last year. The total value of imports reached USD 13.46 million, up from USD 9.78 million in January 2024. The top country sources of these...
UNITED KINGDOM – Premier Forest Products has launched DryGuard FR, the world’s first plywood that combines both fire-retardant and water-resistant properties. Developed in partnership with European manufacturer Paged, this innovative product offers unparalleled...
