ITALY - Despite the challenges in rolling out new procedures and awaiting simplification measures, incentives for "Industry 5.0" initiatives are beginning to show positive effects, particularly in the machinery and technology sector for wood and wood-based materials,...
SPAIN – Cantisa, the Spanish company specializing in the manufacture and sale of edge banding, is strengthening its presence in Latin America with a new commercial delegation in the region. This expansion of its Export Department directly engages with Latin American...
ITALY – SCM Group has acquired a 51% stake in Mecal Machinery, a leading manufacturer of machinery and systems for processing aluminium, PVC, and light alloys. This acquisition strengthens SCM Group's portfolio, offering advanced technological solutions for industries...
CHILE - As of September 2024, Masisa reported sales revenue of USD 221.6 million, a 4.7% decrease compared to the same period last year. This drop was primarily due to significant pricing pressures in its operating markets. However, sales volume in cubic meters for...
MEXICO - Sodimac, a home improvement and construction retailer, has opened its 15th store in Mexico, marking its first location in Jalisco. The new store in Zapopan covers 10,000 square meters, with 8,400 square meters dedicated to sales floor space. Sodimac offers a...
USA - Schattdecor has officially launched its new Hotmelt Adhesive production line at its Lexington, South Carolina, facility. The first roll of material featuring pre-applied Hotmelt came off the line on November 14, marking a significant step forward for the...
CANADA – Ranger Board, a division of West Fraser Timber, has announced a major modernization project for its MDF production plant in Blue Ridge, Alberta. Partnering with Sunds Fibertech, a leading supplier of panel production technologies, the project will involve...
CANADA – Triple E, a leading Canadian RV manufacturer with nearly 60 years in the North American market, is known for its commitment to quality and innovation. With a vertically integrated approach, the company controls the entire production process to deliver...
SPAIN - The National Association of Furniture Manufacturers and Exporters of Spain (ANIEME) has published the report on the foreign trade results of the Spanish furniture sector for the period from January to September 2024. During these nine months, international...
FINLAND – Koskisen , a leading wooden panel manufacturer in the Nordic region, recently announced that four of its particleboard (chipboard) products have officially earned the prestigious Nordic Swan Ecolabel, a widely recognized symbol of environmental...
USA - Google has unveiled its first office building constructed using mass timber, located at 1265 Borregas in Sunnyvale, California. The five-story building, designed with sustainability in mind, is expected to reduce carbon emissions by 96% compared to a traditional...
NETHERLANDS - Ingka Group, the largest Ikea retailer, reported a revenue of EUR 41.8 billion for Fiscal Year 2024 (FY24), despite tough economic conditions, including high interest rates and inflation. The company prioritized affordability, reducing prices by EUR 2.1...
