GERMANY – The Weinig Group, one of the world’s leading manufacturers of machinery and systems for solid wood and panel processing based in Tauberbischofsheim, Germany, has announced a comprehensive structural reorganization in response to ongoing challenges in the...
Salice Expands Portfolio with Villes 2000 Acquisition
ITALY – Salice, a global leader in furniture fittings and hinges, has announced the acquisition of Villes 2000 S.r.l., an Italian company specialising in aluminium-based sliding systems for furniture, interior doors, and shower enclosures. This strategic...
Kronospan UK Recognized for Leadership in Circular Manufacturing
UNITED KINGDOM – Kronospan UK has received the Circular and Recycling Product Award at the National Sustainability Awards 2025, held at the London Marriott Hotel. The event recognizes excellence and innovation in sustainable practices across multiple...
Novopan Wins Top Award at PremioeXpor 2025 for Second Consecutive Year
ECUADOR – Novopan, Ecuador’s leading producer of high-quality, design-driven, and technology-based wood panels, has once again been awarded first place in the “Large Industrialized Products Exporter” category at the PremioeXpor 2025, organized by the...
Peru Overtakes Colombia as Top Buyer of Ecuadorian Particleboard
ECUADOR – Ecuador’s exports of particleboard (MDP) reached USD 128.2 million between January and August 2025, a 3.5% decrease compared to the same period in 2024, according to customs data. The main change in trade flows was the rise of Peru as Ecuador’s...
Tariffs Threaten Ikea’s Affordable Pricing
USA – Ikea, the Swedish home furnishings giant, has warned its U.S. customers of potential price increases following new tariffs imposed by President Donald Trump on imported furniture and lumber. The new tariffs, effective October 14, 2025, include...
Finsa Signs Licensing Agreement with Unilin to Adopt Unicoat Technology
BELGIUM – Finsa has signed a licensing agreement with Unilin Technologies to incorporate its patented Unicoat edge coating into the company’s laminate flooring portfolio, strengthening water resistance and product durability. Unicoat is a state-of-the-art...
Kronospan Bulgaria Facility Shut Down Over Environmental Issues
BULGARIA – The Ministry of Environment and Water has ordered the shutdown of a Kronospan Bulgaria facility in the Cholakovtsi district of Veliko Tarnovo for failing to comply with environmental legislation, officials announced. Kronospan, a global producer...
Blum USA Reports Strong Results for Financial Year 2024/2025
EE.UU. – Blum Inc., the U.S. subsidiary of Austrian hardware manufacturer Blum, has announced positive results for the financial year 2024/2025, which closed on June 30, 2025. The company posted a turnover of USD 380.1 million, underscoring the significance of...
Trump Imposes New Tariffs on Lumber and Furniture Imports
USA – U.S. President Donald Trump announced new tariffs on imported wood and furniture products, citing national security concerns and the need to protect domestic industries. The measures include a 10% tariff on imported lumber and timber and a 25% tariff...
Recognition for Export Excellence awarded to Aglomerados Cotopaxi
ECUADOR – Ecuadorian company Aglomerados Cotopaxi, with over 47 years of experience in the forest-industrial sector, was recognized with the bronze award in the “Large Industrialized Products Exporter” category during the XV edition of PremioeXpor 2025,...
France’s Joubert Plywood Joins Japan’s Nankai Plywood
FRANCE – Long-established French company Joubert Plywood, a European benchmark in certified plywood, has entered a new chapter by joining Japanese conglomerate Nankai Plywood, following the decision of its president, Thierry Joubert, to prepare for...
