Headlines
Central America Sees Significant Growth in Wooden Furniture Imports
CENTRAL AMERICA – During the first four months of 2024, Central America experienced robust growth in the importation of wooden furniture, reflecting a strong demand for these products across the region.
CabinetWorks to Close Two Manufacturing Plants
USA – Cabinetworks Group, the largest privately owned cabinet maker in the U.S., recently announced the closure of its manufacturing facilities in Marshall and Jefferson, Texas.
Blum Reports Stable Turnover Compared to Previous Year
AUSTRIA – Blum, headquartered in Höchst, Austria, will close the 2023/2024 financial year on June 30, 2024 with a turnover of EUR 2.29 billion, marking a slight decrease of -1.2% compared to the previous financial year.
Strong Increase of Brazilian Particleboard Exports in 5M-2024
BRAZIL – Brazil’s exports of Particleboard / MDP (Medium Density Particleboard) from January to May 2024 showed significant growth compared to the same period in 2023.
New FSC Forest Stewardship Standard for Peru
PERU – FSC is pleased to announce the official publication of the new FSC Forest Stewardship Standard for Peru, which covers all categories of Management Units in natural forests and plantations, including small and low intensity managed forests, as well as Non-Timber Forest Products.
Succesful ForMobile Participation for SCM Group
BRAZIL – The ForMóbile international trade fair for the wood and furniture industry took place in Sao Paulo, Brazil, from July 2 to 5.
Tafisa Starts Selection Process for New CEO
CANADA – The Board of Directors of Tafisa Canada has recently begun the search for a new CEO to succeed Mr. Louis Brassard.
Henkel Achieves Renewable Energy Goal in Middle East and Africa
GERMANY – Henkel Adhesive Technologies, a global leader for adhesives, sealants, and functional coatings, has achieved a major sustainability milestone: all of its manufacturing sites in the Middle East and Africa (MEA) now operate on 100% renewable electricity.
Roland Auer Steps Down as CEO of Schattdecor
GERMANY – Following Schattdecor’s recent announcement of Roland Auer’s resignation from his position due to personal reasons effective July 15, 2024, the CEO bid farewell to employees in an emotional letter.
Bürkle Chooses Homag Denmark as New Sales Partner
DENMARK – Robert Bürkle GmbH, a global leader in presses and coating technologies, has restructured its sales in Denmark, ending its partnership with Nicholaisen A/S.
Ikea Expands with Small Store Format on Fifth Avenue in New York
USA – Ikea, the Swedish furniture giant, is establishing a small-format store in a significant retail and office project on Fifth Avenue in New York City, an area where luxury brands have faced challenges post-pandemic, deterring shoppers.
MasterBrand Finalizes Acquisition of Supreme Cabinetry Brands
USA – MasterBrand, a leading manufacturer of residential cabinetry in North America, has completed the acquisition of Supreme Cabinetry Brands Inc. from GHK Capital Partners LP for USD 520 million in cash.
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Slight Decrease of Ecuadorian Particleboard Exports in 2M-2024
ECUADOR – In the first two months of 2024 (2M-2024), Ecuador’s particleboard exports (PB/MDP) amounted to USD 34.08 million, marking a slight decrease of 0.8% compared to the same period last year (2M-2023: USD 34.37 million).
CIFF Guangzhou Announces its Largest Edition in 2024
CHINA – The 53rd edition of the China International Furniture Fair (CIFF Guangzhou 2024), themed “Designing A Be er Home, Serving A New Pattern”, promises to be a record-breaking event.
Siempelkamp Subsidiary Pallmann acquires Febs SK
GERMANY – Pallmann, a subsidiary of Siempelkamp based in Zweibrücken, Germany, has acquired Febs SK s.r.o., a Slovakian company located in Mytne Ludany.
LIGNA celebrates its 50th Anniversary
GERMANY – The woodworking community is gearing up to celebrate a significant milestone: Ligna’s 50th anniversary in 2025.
Dieffenbacher with Dual Booths at IFAT 2024 Trade Fair
GERMANY – Companies interested in recycling solutions and sustainable energy generation will want to visit with Dieffenbacher at two separate booths during this year’s IFAT trade fair, May 13-17, in Munich.
Spanish Furniture Exports Up 3% in 2023
SPAIN – In 2023, Spanish furniture exports experienced a 3% growth, surpassing the figure of USD 3.041 billion euros, according to data provided by Estacom for the period from January to December.
Chilean Particleboard Exports Exceed USD 100 million in 2023
CHILE – The value of Chilean exports of particleboard (PB / MDP) reached USD 100.39 million in 2023, reflecting a significant increase of 28.4% compared to 2022 (USD 78.18 million).
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