Headlines
Siempelkamp Names Jan Bender as Head of Marketing & Communications
GERMANY -Since August 1st, Jan Bender has taken over marketing and corporate communications at the Siempelkamp Group, bringing a strong focus on machine and plant engineering. As Head of Marketing & Communications, Bender will direct brand management, global...
SCM and Springa Partner for Global Goliath CNC Robot Distribution
ITALY - SCM and Springa, a startup focused on digital manufacturing tools, have partnered to distribute the Goliath CNC, a portable milling machine for large-scale projects. The Goliath CNC will be sold globally under the name “scm maker” through SCM’s distributor...
MasterBrand’s Net Income Falls 11.5% in Second Quarter
USA - MasterBrand, Inc, North America's largest residential cabinet manufacturer, reported its second quarter 2024 (2Q-2024) financial results. “MasterBrand delivered solid financial performance this quarter, with year-over-year adjusted EBITDA margin growth and...
Commercial Mission Chile: 35 Brazilian Firms and Buyers from 7 Countries
CHILE - On July 23-24, 2024, Santiago, Chile, hosted the Missão Comercial Chile 2024, an event aimed at boosting the Latin American furniture market through the Brazilian Furniture Project. Organized by ABIMÓVEL (Brazilian Association of Furniture Industries) in...
Management Transition at Holz-Her
ALEMANIA - Holz-Her anuncia un cambio de dirección a partir del 1 de julio de 2024. After more than 25 years, Frank Epple is retiring, and Robert Terzer will take over as Managing Director. Robert Terzer brings significant experience to his new role. Before becoming...
Colombian Particleboard Imports Up 15.1% in 5M-2024
COLOMBIA - In the first five months of 2024 (5M-2024), Colombian imports of particleboard (PB/MDP) experienced a relevant growth of 15.1%, rising from USD 61.6 million in 5M-2023 to USD 70.9 million. Ecuador was again the leading supplier country, despite a 5.1%...
Masisa Introduces a New Direct Regional Sales Strategy
CHILE – Masisa, an acknowledged wooden panel manufacturer, has unveiled an innovative direct sales strategy for Mexico, Peru, Ecuador, and Colombia.
Martco LLC Produces First Board on New Dieffenbacher OSB line
USA – Martco LLC has successfully launched its third multi-opening OSB line from Dieffenbacher at its Corrigan, Texas plant.
Surteco sales and earnings on course in 1st Half 2024
GERMANY – In the first half of 2024, Surteco Group’s, sales increased by 4% to EUR 447.6 million, up from EUR 428.8 million last year, despite challenging conditions.
Forte Sales Down 5% in 1Q-2024/25
POLAND – The Polish RTA furniture manufacturer Forte, one of the largest in Europe, reported consolidated revenues of €58.32 million (PLN 251 million) for the first quarter (1 April – 30 June) of the 2024/25 financial year (1Q-2024/25), a 5% decrease from the previous year.
Novopan Reveals USD 14 Million Sustainable Energy Investment Plan
ECUADOR – Novopan, a leading Ecuadorian manufacturer of wooden panels, recently hosted a visit from Minister of Production Sonsoles García and her team as part of a six-year investment contract.
All Set For 13th Edition of the European Wood-based Panel Symposium
GERMANY – The 13th European Wood-based Panel Symposium will take place on 9 – 11 October 2024, at the at the Grand Elysée Hotel in Hamburg.
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Dieffenbacher Joins EcoReFibre Research Efforts
GERMANY – In May 2022, Dieffenbacher and 19 organizations from seven countries launched the EcoReFibre project, funded by 12 million euros from the EU, to recycle end-of-life fiberboards.
Masonite Shareholders Approve Acquisition by Owens Corning
USA – Masonite International Corporation has announced that its shareholders have overwhelmingly voted in favor of the proposed acquisition by Owens Corning during a special shareholders meeting.
Industry 5.0 Takes Center Stage at Xylexpo 2024
ITALY – From May 21 to 24, 2024, Xylexpo will be held in Halls 1 and 3 of FieraMilano Rho. The biennial event, focused on wood and woodworking machinery, has already attracted more than 260 exhibitors, with a third of them coming from the international scene.
German Kitchen Furniture Sales Declining in Early 2024
GERMANY – According to the latest data from the Verband der Deutschen Küchenmöbelindustrie (VdDK), the German kitchen furniture industry has experienced a notable downturn in sales in first months 2024.
Fimma Brasil 2025 Begins Space Commercialization
BRAZIL – One of the world’s largest furniture sector fairs, the International Fair of Suppliers for the Wood and Furniture Production Chain (Fimma Brasil), occurs in Bento Gonçalves.
Services Account for 25% of Total Machinery Sector Turnover
ITALY – The comprehensive insights from the “Digital Servitisation in the Machinery Sector” observatory carried out by Digital Industries World and presented on April 11th, 2024, offer a detailed understanding of the significance of service activities within the machinery sector’s economic landscape.
Strong Increase in Brazilian Particleboard Exports in 1Q-2024
BRAZIL – In the first quarter of 2024 (1Q-2024), the value of Brazil’s exports of particleboard (PB/MDP) totaled USD 30.67 million, marking a notable increase of 35.3% compared to the same period in the previous year, when exports amounted to USD 22.67 million.
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