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,...
interzum Award 2025 Entries Now Open
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,...
Ibá Releases Study on Biodiversity in Cultivated Tree Sector
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...
Ingka Investments Opens New Solar Park in France
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...
Irineu Munhoz re-elected president of ABIMÓVEL for the 2025/2027 term
BRAZIL - On November 4, 2024, Abimóvel (Brazilian Furniture Industry Association) held its General Assembly in São Paulo, where the new Board and Councils for the 2025/2027 term were elected. Irineu Munhoz, who has led the organization since 2023, was re-elected...
IMA Schelling Strengthens Its Presence in India with New Subsidiary Opening
INDIA - The IMA Schelling Group continues on its growth path. The company officially opened its new subsidiary in Bangalore, India, in October, following its establishment in May. IMA Schelling is relying on close cooperation with its long-standing sales partner...
Scm Group Receives the Innovazione Smau 2024 Award
ITALY - SCM Group has been awarded the Smau 2024 Innovation Award for its Solutions Library project, a digital library using artificial intelligence to manage and share over 70 years of technical knowledge in woodworking and materials processing. The award was...
Proteak Informs 3Q-2024 Results
MEXICO - Proteak, Mexico's largest forestry company, reported its results for the third quarter of 2024 (3Q-2024). Sales of the MDF and Teak businesses reached MXN 291.5 million in the quarter, 1% higher than the immediately preceding quarter, excluding other income...
RoyOMartin Opens Largest OSB Site in North America
USA - Roy O. Martin, a U.S. manufacturer of OSB and plywood, has officially launched the second production line at Corrigan OSB LLC in Corrigan, Texas. This expansion makes their oriented strand board facility the largest of its kind in North America. Texas Governor...
Chile’s Particleboard Exports Down 5.1 in 8M-2024
CHILE – In the first eight months of 2024, Chile's particleboard exports totaled USD 69.1 million, reflecting a decrease of 5.1% compared to USD 72.8 million in the same period of 2023. Chile's exports in the period 2024 reveal contrasting trends across different...
Italy Establishes National Furniture Consortium to Drive Sustainability
ITALY - FederlegnoArredo has announced the establishment of the National Consortium of Furniture Systems (Consorzio Nazionale Sistema Arredo) to enhance sustainability in the furniture sector. Supported by 15 leading companies, the consortium will focus on managing...
Surteco Performance Within Forecast in 9M-2024
GERMANY – In the first nine months of 2024 (9M-2024), the Surteco Group’s sales revenues increased by 4% to EUR 662.2 million, compared to EUR 637.3 million in 9M-2023. This growth was primarily driven by the consolidation of the acquired Omnova divisions for nine...