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Masisa Reports 4.7% Drop in Sales Revenue as of September 2024
CHILE - As of September 2024, Masisa reported sales revenue of USD 221.6 million, a 4.7% decrease compared to the same period last year. This drop was primarily due to significant pricing pressures in its operating markets. However, sales volume in cubic meters for...
Sodimac Opens its 15th Store in Mexico
MEXICO - Sodimac, a home improvement and construction retailer, has opened its 15th store in Mexico, marking its first location in Jalisco. The new store in Zapopan covers 10,000 square meters, with 8,400 square meters dedicated to sales floor space. Sodimac offers a...
Schattdecor Debuts Hotmelt Adhesive Line in South Carolina
USA - Schattdecor has officially launched its new Hotmelt Adhesive production line at its Lexington, South Carolina, facility. The first roll of material featuring pre-applied Hotmelt came off the line on November 14, marking a significant step forward for the...
Ranger Board Upgrades MDF Plant
CANADA – Ranger Board, a division of West Fraser Timber, has announced a major modernization project for its MDF production plant in Blue Ridge, Alberta. Partnering with Sunds Fibertech, a leading supplier of panel production technologies, the project will involve...
Triple E Enhances RVs with Garnica’s Sustainable Plywood
CANADA – Triple E, a leading Canadian RV manufacturer with nearly 60 years in the North American market, is known for its commitment to quality and innovation. With a vertically integrated approach, the company controls the entire production process to deliver...
Spanish Furniture Exports Grow 1.9% in 9M-2024
SPAIN - The National Association of Furniture Manufacturers and Exporters of Spain (ANIEME) has published the report on the foreign trade results of the Spanish furniture sector for the period from January to September 2024. During these nine months, international...
Koskisen Obtains Nordic Swan Ecolabel for Particleboard Products
FINLAND – Koskisen , a leading wooden panel manufacturer in the Nordic region, recently announced that four of its particleboard (chipboard) products have officially earned the prestigious Nordic Swan Ecolabel, a widely recognized symbol of environmental...
Google Unveils First Mass Timber Office in California
USA - Google has unveiled its first office building constructed using mass timber, located at 1265 Borregas in Sunnyvale, California. The five-story building, designed with sustainability in mind, is expected to reduce carbon emissions by 96% compared to a traditional...
Ingka Group Reports Resilient FY24 Performance
NETHERLANDS - Ingka Group, the largest Ikea retailer, reported a revenue of EUR 41.8 billion for Fiscal Year 2024 (FY24), despite tough economic conditions, including high interest rates and inflation. The company prioritized affordability, reducing prices by EUR 2.1...
Ecuador’s Particleboard Exports Grow 15.6% in September
ECUADOR - In September 2024, Ecuador’s particleboard exports reached USD 18.2 million FOB, marking a 15.6% increase from the previous year. The primary destination countries for Ecuadorian exports were Colombia, Peru, and Panama. Exports to Colombia grew by 24.8% to...
Ligna 2025 More Than 105,000 sqm Already Booked
GERMANY - In its 50th anniversary year, Ligna reflects on its origins, which began in 1975 when it branched off from Hannover Messe during the oil crisis to become an independent trade fair. Now, half a century later, the woodworking and wood processing industry is...
Sascha Groß, Managing Director of Hettich, to Leave at Year-End
GERMANY – Sascha Groß , Managing Director of Hettich Holding, has decided to leave the company at the end of the year. During his 20 years at Hettich, Groß has played a key role in the expansion of international production sites and has made significant contributions...
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Spanish Furniture Exports Grow 1.9% in 9M-2024
SPAIN - The National Association of Furniture Manufacturers and Exporters of Spain (ANIEME) has published the report on the foreign trade results of the Spanish furniture sector for the period from January to September 2024. During these nine months, international...
Google Unveils First Mass Timber Office in California
USA - Google has unveiled its first office building constructed using mass timber, located at 1265 Borregas in Sunnyvale, California. The five-story building, designed with sustainability in mind, is expected to reduce carbon emissions by 96% compared to a traditional...
Ecuador’s Particleboard Exports Grow 15.6% in September
ECUADOR - In September 2024, Ecuador’s particleboard exports reached USD 18.2 million FOB, marking a 15.6% increase from the previous year. The primary destination countries for Ecuadorian exports were Colombia, Peru, and Panama. Exports to Colombia grew by 24.8% to...
Ligna 2025 More Than 105,000 sqm Already Booked
GERMANY - In its 50th anniversary year, Ligna reflects on its origins, which began in 1975 when it branched off from Hannover Messe during the oil crisis to become an independent trade fair. Now, half a century later, the woodworking and wood processing industry is...
Robot Adoption in Factories Accelerates Worldwide
GERMANY - Robot adoption in factories worldwide continues to accelerate. In 2023, the global average robot density reached a record 162 robots per 10,000 employees—more than double the 74 units recorded seven years ago, according to the World Robotics 2024 report by...
European Parliament Vote Confirms Delay of EUDR Implementation
BELGIUM - The European Parliament has voted to delay the EU Deforestation Regulation (EUDR) by one year. Originally set to take effect on December 30, 2024, the law will now apply from December 30, 2025, for large companies, and June 30, 2026, for small businesses....
Hendrik Rawe Appointed New Department Head at Deutsche Messe
GERMANY - As of November 1, 2024, Hendrik Rawe (34) has assumed the position of head of the “LIGNA, INTERSCHUTZ, parts2clean, and SurfaceTechnology GERMANY” department at Deutsche Messe. He will report to Arno Reich, Senior Vice President of the “Trade Fair &...
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