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HNI to Acquire Steelcase in USD 2.2 Billion Merger
USA – HNI Corporation and Steelcase Inc., two giants of the North American contract furniture industry, have agreed to merge in a cash and stock transaction valued at approximately USD 2.2 billion. The deal, expected to close by the end of 2025, will see HNI...
Ecuador’s Particleboard Exports Down 8.1% in First Half of 2025
ECUADOR – Ecuador's exports of particleboard / MDP totaled USD 91.3 million between January and June 2025, marking a decline of 8.1% compared to the same period in 2024. Despite the overall drop, the first half of the year revealed growth in key markets such as...
Egger Group Reports Solid Performance for the Financial Year
AUSTRIA – Despite a persistently difficult global context marked by economic slowdown, weak construction demand, and geopolitical uncertainty, Egger posted solid results in the 2024/2025 financial year. The Austrian wood-based materials manufacturer reported...
Nobilia Launches First AI-Generated Commercial
GERMANY – Nobilia, Europe’s largest kitchen manufacturer and Germany’s top producer of kitchen furniture, has launched its first fully AI-generated commercial, marking a significant milestone in digital brand communication. The company, which claims to produce...
Surteco Reports Drop in Sales and Earnings in 6M-2025
GERMANY – Surteco Group, one of the world's leading full-service providers of decorative surfaces , reported a 2,5% drop in sales for the first half of 2025 (6M-2025), reaching EUR 436.3 million compared to EUR 447.6 million in the same period last year. The decline...
Cantisa Unveils Precision-Matched Edgebands for Pelikano
SPAIN – Cantisa, the Spanish company with four decades of experience in manufacturing and supplying high-quality edgebanding and screw covers for the furniture and woodworking industries, has unveiled a new highlight in its product range: precision-matched...
Homag Recognized for Its Leadership in Training
GERMANY – Homag has been honored with the “Training Champions 2025” award by the FAZ Institute, in collaboration with the analysis firm Service Value. Scoring 93.5 out of 100 points, Homag secured eighth place in the “Mechanical and Plant Engineering Companies”...
Brazil’s Wood Industry Faces U.S. Tariff Crisis
BRAZIL – The Brazilian Association of Mechanically Processed Wood Industry (Abimci) has issued a public warning about the severe impact of the 50% tariff the United States plans to impose on Brazilian wood products. With around 180,000 direct jobs at risk, the...
Felder Edgebander Wins AWFS 2025 Visionary Award
USA – During the AWFS Fair at the Las Vegas Convention Center, Felder Group USA was honored with the Visionary New Product Award in the Machinery Over USD 50,000 category for its cutting-edge Format4 Tempora F1000 High-Capacity Edgebander. The Visionary...
Garnica Recognized for Sustainability
SPAIN – Garnica, a global leader in the plywood industry, has been awarded the prestigious Gold Medal by EcoVadis, placing the company among the top 3% of the most highly rated businesses in the wood product manufacturing sector worldwide in terms of...
United States Wooden Furniture Imports Grow 2.8% in 5M-2025
USA – According to customs data, U.S. imports of wooden furniture totaled USD 5.469 billion from January to May 2025 (5M-2025), reflecting a 2.8% increase compared to the same period in 2024. The growth was mainly driven by higher volumes from Vietnam and...
Novopan Launches Biomass Energy Plant
ECUADOR – Novopan, the largest particleboard exporter in Latin America, has taken a decisive step in its sustainability strategy with the launch of a state-of-the-art Biomass Energy Plant. The new facility generates up to 30 MWh of thermal energy, primarily used...
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FSC Unveils Platform to Optimize Brand Management
GERMANY – The Forest Stewardship Council (FSC) will launch the FSC Brand Hub on April 3, a user-friendly platform designed to streamline trademark management, marketing resources, and brand assets for all FSC stakeholders. Developed with input from users worldwide,...
European Commission Probes Dumping of Brazilian Plywood
BELGIUM – The European Commission has initiated an anti-dumping investigation into imports of Brazilian softwood plywood following a complaint from the Softwood Plywood Consortium (SPC), which represents major European producers. The probe aims to determine whether...
Ligna 2025 with Over 1,300 Exhibitors
GERMANY – As Ligna approaches its 50th anniversary edition, the trade fair for the woodworking and wood processing industry has seen an impressive surge in exhibitor registrations. 1,337 exhibitors have signed up so far, surpassing the 1,288 exhibitors from the 2023...
Kronospan Expands Romanian Presence
ROMANIA – Austrian wood products manufacturer Kronospan has announced the acquisition of the ZG Timber Sebes plant from the insolvent Ziegler Group. The agreement, signed on March 1, 2025, is expected to be finalized by mid-year, pending regulatory approvals. With...
E-Commerce Drives Growth in Europe’s RTA Furniture Sector
ITALY – The ready-to-assemble (RTA) / flat-pack furniture sector continues to hold a major share in the European furniture market, accounting for more than 20% of total consumption on average. This growth is largely driven by the rapid expansion of e-commerce, which...
Mexico and Colombia Drive Chile’s Particleboard Export Growth in 2024
CHILE – Chilean particleboard (MDP) exports experienced an important increase in 2024, reaching USD 123.08 million, a 22.6% increase compared to the previous year. The growth was driven primarily by strong demand in key markets such as Mexico, Colombia, and the United...
Arauco will invest in a 39-megawatt thermal power plant in Argentina
ARGENTINA – Arauco Argentina is developing an investment of over USD 250 million to modernize its pulp mill in Puerto Piray, Misiones. The project includes the installation of a new 39-megawatt turbo generator, which will initially supply power exclusively to the...
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