CHILE – Arauco, one of the largest wooden panel manufacturers in the world, has reported solid results for both the third quarter and the first nine months of 2024, with growth in sales and improved profitability. For the July to September period of 2024 (3Q-2024),...
GERMANY - In the third quarter of 2024, Homag Group reported a 12.2% increase in order intake, reaching EUR 332.7 million, compared to EUR 296.6 million in the same period of 2023. However, sales declined by 13.8%, falling to EUR 349.5 million from EUR 405.5 million...
GERMANY - Hettich, the East Westphalian fittings manufacturer, is now an official member of the German Design Council and has been included in the 2025 edition of the publication The Major German Brands. The Council's cross-industry network connects business and...
BRAZIL - Eucatex, one of the largest wood panel producers in Brazil, also operating in the segments of paints and varnishes, laminated floors, partitions, and doors, published its results for the 3rd quarter of 2024 (3Q-2024). In the Furniture Industry and Resale...
ECUADOR - Aglomerados Cotopaxi, one of the leading forest companies in the country, has signed a cooperation agreement with the Universidad San Francisco de Quito (USFQ) to conduct pioneering research on the carbon storage potential of Ecuador’s páramo and...
USA - Wayfair, one of the world’s largest online furniture and home goods retailers, today announced its financial results for the third quarter of 2024, ending September 30. Sales revenue reached USD 2.9 billion, a decrease of 2.0%, compared to the same period last...
BRAZIL – Dexco, the largest wood panel manufacturer in Brazil, reported Sales Revenue of BRL 2,239.1 million for 3Q-2024, a 26.6% increase compared to the same period last year. This growth was driven by strong demand in the Wood Division and a more active panel...
ITALY - Biesse Group , a global leader in technologies for processing wood, has reported mixed results for the January to September period of 2024 (9M-2024), with a decline in sales and profitability, though it saw growth in some key regions. For the first nine months...
GERMANY - The Furniture Industry Training Factory in Löhne officially opened on November 5, 2024, after 16 months of construction. This state-of-the-art facility, funded with EUR 22.5 million from the German Federal Government and the state of North Rhine-Westphalia,...
GERMANY - The interzum Award 2025 is now open for entries from exhibitors participating in Interzum 2025. The award is looking for innovative and sustainable solutions across the categories of Function & Components, Materials & Nature, Textile & Machinery,...
BRAZIL - On October 21, 2024, at the start of COP16, The Brazilian Tree Industry Institute (Ibá) launched its study "Biodiversity: A Commitment from the Brazilian Cultivated Tree Sector." The 55-page report outlines the ongoing actions of sector companies that align...
FRANCE - Ingka Investments, the investment arm of Ingka Group, continues its renewable energy expansion with the launch of a new photovoltaic solar park in Langeron, central France. The park, which consists of 34,500 solar modules, is expected to produce 23 GWh of...
