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Masisa’s Controlling Shareholder Initiates Search for Strategic Investor
CHILE – In an essential fact disclosed to the Financial Market Commission (CMF), Masisa S.A. reported that during a regular board meeting, the company’s president informed the board that GN Holding S.A., its controlling shareholder, had formally announced its...
Strong Growth of Colombian Edgebandings Imports
COLOMBIA – Colombia's plastic edgeband imports surged by 108.7% in the first quarter of 2025, reaching USD 2.63 million, compared to USD 1.26 million in the same period of 2024. Madecentro led the import rankings with USD 1.26 million, more than doubling its...
La Metro and Aglomerados Cotopaxi launch “Re!” design contest
ECUADOR – Aglomerados Cotopaxi and the Instituto Metropolitano de Diseño, La Metro, have announced the launch of Re! —Reflect, Reinvent, Resolve—, a collaborative contest aimed at strengthening ties between academia and industry to promote environmentally...
Leadership Transition at Schattdecor
GERMANY – On June 25, 2025, Schattdecor SE will see a change in its Supervisory Board as Reiner Schulz, Chairman, and Bruno Walt, member since 2013, step down after years of dedicated service. Schulz, a key figure since the company's founding in 1985, helped drive...
Leuco Appoints New Executive Board
GERMANY – As of September 1, 2024, Leuco AG, a global leader in cutting tool systems, will introduce a new executive board, ushering in a new era of leadership built on experience and innovation in the woodworking and materials industries. The new board...
Altendorf Group Restructures Leadership Team
GERMANY – The Altendorf Group, a global leader in premium woodworking machinery, has announced a strategic restructuring of its leadership team to further align with evolving customer needs and market dynamics. The new executive team is composed of...
Homag Celebrates a Decade of Innovation in Robotic Panel Cutting
GERMANY – Homag, a global leader in woodworking technology, marks ten years of breakthrough innovation in robotic panel cutting with the launch of its latest solution: the Sawteq S-200 flexTec. This new model offers a cost-effective, automated panel cutting solution...
Hettich America Appoints Matthias Bertl as New CEO
USA – Hettich America, a global leader in precision-engineered fittings and premium hardware, has appointed Matthias Bertl as its new Chief Executive Officer. With nearly 20 years of international experience in brand strategy, operations, and product...
Ecuador’s Particleboard Exports Dip 3.5% in 4M-2025
ECUADOR – Ecuador’s particleboard exports reached USD 64.8 million between January and April 2025 (4M-2025), reflecting a 3.5% decline compared to the same period in 2024. Despite the overall drop, the performance varied notably by destination. Peru became...
CMPC Inaugurates Office in Atlanta to Strengthen U.S. Market Presence
USA – CMPC has officially inaugurated its new branch, CMPC Forest Products, in Atlanta, marking a significant step in the company’s expansion in North America. The new office is part of CMPC’s 2030 Strategy, which focuses on strengthening international...
Germany Approves Fast-Track Housing Law
GERMANY – The Federal Association of German Prefabricated Construction (BDF) welcomed the Cabinet’s approval of a special regulation for residential construction, calling it a clear signal to accelerate building efforts across Germany. A particularly notable...
Lowe’s Completes Acquisition of Artisan Design
USA – Lowe’s Companies, Inc. has officially completed the acquisition of Artisan Design Group (ADG), a nationwide leader in the design, distribution, and installation of interior surface finishes for homebuilders and property managers across the U.S. “We are...
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Sarah Kutulakos Named First FSC Regional Director for North America
USA - The Forest Stewardship Council (FSC) is pleased to announce Sarah Kutulakos as the first Regional Director for North America, effective January 1, 2025. This appointment marks a key step in FSC's expansion and reinforces its mission to promote responsible forest...
Imports Make up 7% of U.S. Construction Materials
USA – In 2023, the U.S. residential construction sector imported USD 13 billion in materials, representing 7% of the USD 184 billion spent on materials for new single-family and multifamily housing, according to the National Association of Home Builders (NAHB). The...
Koelnmesse is Revamping its Furniture and Interior Design Events
GERMANY - Koelnmesse, a global leader in trade fair organization, is revamping its furniture and interior design events to better meet market demands. Starting in January 2026, imm cologne will focus annually on the consumer market with a streamlined, targeted...
Global Wood & Paper Trade Drops 12% in 2023
USA - Global trade in wood and paper products dropped by 12% in 2023, according to the FAO's Global Forest Products Facts and Figures 2023. Exports fell by $64 billion to $482 billion, still above pre-2021 levels, but indicating lower prices amid an economic slowdown....
Eduardo Cosentino Appointed Chairman of NKBA Board
USA – Eduardo Cosentino, EVP of Cosentino Group and CEO of Cosentino Americas, will become the new Chairman of the National Kitchen and Bath Association (NKBA) Board of Directors on January 1, 2025. He succeeds Ken Williams, President of Caesarstone Canada, who will...
Slight Drop in Peruvian Particleboard Imports in 10M-2024
PERU - Peru’s particleboard/MDP imports from January to October 2024 (10M-2024) saw a modest overall decline of 2.6%, with total imports falling from USD 121.01 million in 10M-2023 to USD 117.92 million in 10M-2024. Among the countries of origin, Ecuador experienced a...
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...
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