COLOMBIA - In the first half of 2024, wooden furniture imports in Latin America reached a total of USD 368.49 million, marking a significant growth of 34% compared to USD 274.97 million in the same period of 2023. Mexico led the region with the highest import value at...
BELGIUM - Unilin is investing EUR 20 million to launch industrial-scale MDF recycling at its Bazeilles, France, facility. Previously, MDF items like decorative panels and flooring were incinerated due to the glue binding the wood fibers, which posed a recycling...
SWITZERLAND - On October 15, 2024, Hawa Sliding Solutions AG acquired the Klein group, headquartered in Barcelona, Spain. Both companies are leaders in the sliding door solutions market, and this acquisition strengthens Hawa's global position. Founded in 1931, Klein...
AUSTRIA - The Egger Group, headquartered in St. Johann in Tirol, Austria, is embarking on significant investment plans for its new plant in Markt Bibart, Germany, which became part of the group in November 2023. With over EUR 200 million allocated for projects by...
ECUADOR - In response to energy challenges in Ecuador, Aglomerados Cotopaxi has implemented an advanced self-generation system that covers 45% of its daily power needs, enhancing operational continuity and sustainability. In July, the company imported state-of-the-art...
GERMANY - Interzum 2025 is already over 93% booked, emphasizing its status as the premier trade fair for furniture production and interior design. Scheduled to take place from May 20-23 in Cologne, this year’s event is witnessing robust international demand, with...
NETHERLANDS - Ingka Group, the largest retailer of Ikea, has successfully completed the full acquisition of Ikano Bank AB after receiving all necessary regulatory approvals. This acquisition makes Ingka Group the sole owner of Ikano Bank, allowing it to enhance its...
COLOMBIA - Madecentro, a leading company in Colombia's wood and furniture industry, has announced an alliance with Kronospan, the top global manufacturer of melamine boards. Starting October 22, Kronospan's products will be exclusively available at Madecentro's 222...
BRAZIL - In 2023, Brazil's installed production capacity for medium-density fiberboard (MDF) and high-density fiberboard (HDF) reached a total of 8,055,000 cubic meters across 22 production lines. This capacity underscores Brazil's importance in the global wood-based...
USA - With the announcement of Flavio Nunes’ return to Brazil, CEO since 2015, a new team of directors will assume management of the North American unit effective October 14, 2024 The board, which will be shared between David Sheehan, CEO (Sales, Design, Marketing and...
GERMANY - Hettich's FurnSpin turn-and-swivel fitting has won the "Good Design Award 2024" from the Japan Institute of Design Promotion (JDP). This is the seventh time Hettich has received this award since 2014. The "Good Design Award" is Japan's premier...
ITALY - Neodecortech, based in Filago and a producer of decorative papers for wooden panels and flooring for interior design, has been recognized as one of the winners of the 2024 Best Managed Companies Award. This award is promoted by Deloitte Private, in...
