USA – West Fraser announced it will permanently close its lumber mills in Augusta, Georgia, and 100 Mile House, British Columbia, by the end of 2025 following an orderly wind-down. The decision reflects ongoing timber supply challenges and weak...
Arauco Advances Transparency by Adopting TNFD Framework
CHILE – Arauco has formally joined the Taskforce on Nature-related Financial Disclosures (TNFD) as part of its ongoing commitment to transparency and sustainability. Through this initiative, the company will report in detail the risks and...
Cantisa Showcases Decorative Edge Innovations at Interihotel 2025
SPAIN – From October 21 to 23, Barcelona hosted a new edition of Interihotel, the leading interior design event for the hospitality sector. The fair gathered thousands of contract professionals, interior designers, architects, and brands showcasing...
Brazilian Particleboard Exports Down 8.8% in 9M-2025
BRAZIL – Between January and September 2025, Brazil’s particleboard (MDP) exports totaled USD 79.3 million, down 8.8% compared with the same period in 2024, according to customs data. The decline was driven mainly by lower shipments to China and Peru,...
SBA Group Opens USD 70 Million Furniture Plant in North Carolina
USA – SBA Group, one of Lithuania’s largest business conglomerates, has officially inaugurated operations at its first U.S. furniture manufacturing plant in Mocksville, North Carolina. Representing an investment of USD 70 million, the facility has successfully...
Surteco Reports Lower Sales but Confirms 2025 Outlook
GERMANY – During the first three quarters of 2025, Surteco Group, a leading, full service provider of decorative surfaces, recorded sales of EUR 639.8 million, compared to EUR 662.2 million in the same period of the previous year. After accounting for the...
Researchers and Industry Drive Progress in Wood Adhesives
CANADA – The 2025 International Conference on Wood Adhesives (ICWA), organized by the Forest Products Society (FPS), was held at the University of British Columbia, bringing together leading researchers, manufacturers, and professionals from around the...
Välinge and Forte Strengthen Partnership with ModuKlix Modular System
SWEDEN – Välinge Innovation has announced the expansion of its collaboration with Polish furniture manufacturer Forte, one of Europe’s largest producers of self-assembly furniture. The company recently unveiled ModuKlix, a modular wardrobe system featuring...
Striebig and Martin to Exhibit Jointly at Holz-Handwerk 2026
GERMANY – Striebig AG and Otto Martin Maschinenbau GmbH will exhibit together for the first time at Holz-Handwerk 2026, taking place from March 24 to 27, 2026, at the Exhibition Centre Nuremberg. The collaboration aims to strengthen both companies’ presence in the...
Fitch Upgrades Grupo Falabella’s Rating to Investment Grade
CHILE – International credit rating agency Fitch Ratings has upgraded Grupo Falabella’s credit rating to BBB- with a stable outlook, restoring the company’s investment grade status after two years. In its report, Fitch highlighted the company’s...
MasterBrand and American Woodmark Shareholders Approve Merger
USA – MasterBrand, Inc. and American Woodmark Corporation announced that shareholders from both companies have approved their proposed merger during special meetings held earlier today. The final voting results will be detailed in filings with the...
Altendorf Brings Artificial Intelligence to the Skilled Trades
GERMANY – Artificial intelligence is no longer a concept of the future—it is already transforming skilled trades. The Altendorf Group, a global leader in format circular saws and digitally networked manufacturing solutions, is participating as an industry...