Headlines
Roseburg Enhances Plywood Production with Mill Upgrades
USA – Roseburg Forest Products has made significant advancements across its plywood manufacturing operations, investing in cutting-edge equipment and process improvements aimed at boosting efficiency, product quality, and sustainability. Over the past five years, the...
Ingka Investments Opens Its First Solar Park in Poland
POLAND – Ingka Investments, the investment arm of the Ingka Group – the largest Ikea retailer – has inaugurated its first solar park in Poland, reinforcing its commitment to the renewable energy transition. The solar park in Recz, with a capacity of nearly 29...
Surteco Hit by High Costs and Weak Demand
GERMANY – Surteco Group reported stable sales but a sharp decline in profitability for the first quarter of 2025 (1Q-2025), as weak market demand and rising material costs weighed on results. The decorative surface specialist generated revenues of EUR 222.3 million in...
Novopan Launches Pelíkano in Mexico as Part of Regional Expansion
MEXICO – Novopan, a leading wood panel manufacturer in Latin America, has announced the launch of its brand Pelíkano in Mexico, as part of its strategy to expand and strengthen its presence in key regional markets. Pelíkano enters the growing decorative panel segment...
Nolte Möbel to Shut Down After 70 Years in Business
GERMANY – Bedroom furniture manufacturer Nolte Möbel GmbH & Co. KG will permanently cease operations by the end of July, bringing an end to the company’s 70-year history. The Germersheim-based firm informed its remaining 230 employees of the closure on April 28,...
Wayfair Grows U.S. Sales Amid Global Declines
USA – Wayfair Inc. , a leading global distributor of furniture and home goods, reported first-quarter 2025 revenue of USD 2.7 billion, nearly flat year-over-year. U.S. net revenue rose 1.6% to USD 2.4 billion, helping offset a 10.9% decline in international sales....
Schattdecor Ends 2024 with Stable Results and Eyes Future Growth
GERMANY – Schattdecor Group, a global leader in decorative surfaces, reported preliminary sales of approximately EUR 875 million for the 2024 financial year, coming in slightly below the previous year. Despite the modest decline in revenue, production remained robust...
Mixed Results for Italy’s Top Furniture Companies
ITALY – The latest available data (2023) shows that Italy’s top furniture companies experienced mixed results, with some achieving growth while others faced setbacks. Friul Intagli remained at the top with EUR 865.8 million in sales, although it saw...
Brazil’s Cultivated Tree Industry Sets Record Trade Surplus in 2024
BRAZIL – Brazil’s cultivated tree industry posted record-breaking results in 2024, reaching a trade surplus of USD 15.7 billion, up 23.5% compared to 2023, according to Mosaico Ibá, a bulletin from the Brazilian Tree Industry (Ibá). The sector’s performance was led by...
Sodimac Expects to End 2025 with 19 Stores in Mexico
MEXICO – Sodimac, the home improvement retailer owned by Falabella S.A., has announced plans to open four new stores in Mexico in 2025. With these additions, the company expects to close the year with 19 locations across the country. The expansion reinforces...
Unilin Panels Wins 2025 Red Dot for Eco-Friendly Design
BELGIUM – Unilin Panels has received a prestigious Red Dot Award in the Product Design 2025 category for its melamine-faced Fibralux Biobased panel. The award recognizes the panel’s outstanding design and strong environmental credentials. Launched in 2023 and further...
Unilin to Open EUR 40M Insulation Board Plant in Poland by 2026
POLAND – Belgium-based building materials firm Unilin has announced plans to build a fully automated polyisocyanurate (PIR) insulation board plant in Leśnica, Poland, with operations set to begin by late 2026. The EUR 40 million facility will produce 8 million square...
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Brazil’s Cultivated Tree Industry Sets Record Trade Surplus in 2024
BRAZIL – Brazil’s cultivated tree industry posted record-breaking results in 2024, reaching a trade surplus of USD 15.7 billion, up 23.5% compared to 2023, according to Mosaico Ibá, a bulletin from the Brazilian Tree Industry (Ibá). The sector’s performance was led by...
Ingka Investments Opens Its First Solar Park in Poland
POLAND – Ingka Investments, the investment arm of the Ingka Group – the largest Ikea retailer – has inaugurated its first solar park in Poland, reinforcing its commitment to the renewable energy transition. The solar park in Recz, with a capacity of nearly 29...
Ecuador Backs Genetic Innovation to Boost Sustainable Forestry
ECUADOR – As the construction industry seeks more sustainable materials, wood stands out as a key alternative to traditional options like cement and steel, thanks to its ability to store carbon and its lower environmental impact. In this effort, Ecuador is emerging as...
Russian Furniture Industry Calls for Higher Tariffs
RUSSIA – More than USD 430 million worth of European furniture is expected to flood the Russian market in 2025, prompting the Furniture Association of Russia (FER) to call on President Vladimir Putin to raise import duties and protect domestic manufacturers. The...
Vietnam Top Buyer of Chinese Woodworking Machinery
CHINA – According to data from the Acimall Studies Office based on ISTAT figures, China’s exports of woodworking machinery (excluding tools) reached EUR 2.52 billion in 2024, marking a 9.3% increase compared to 2023. Vietnam became China’s top...
Salone del Mobile 2025 Draws Over 300,000 Visitors
ITALY – Despite global economic challenges, the 63rd edition of Salone del Mobile.Milano welcomed 302,548 attendees underscoring the event’s international significance. The fair showcased 2,103 exhibitors from 37 countries, reinforced by a strong cultural program and...
Sustainable Production Focus at Ligna 2025 in Hannover
GERMANY – Ligna 2025 will take place in Hannover from May 26 to 30 in a challenging environment marked by new U.S. tariffs and international counter measures affecting several industries, including woodworking. Despite these obstacles, Ligna has always proven to be a...
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