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Leuco China Unveils New Headquarters
CHINA – Leuco, a leading provider of precision tooling and sharpening services for the woodworking industry, recently unveiled its new headquarters in Taicang, China.
Koelnmesse Partners with La Feria De Diseño Medellín
GERMANY – As part of its internationalization strategy, Koelnmesse has partnered with La Feria De Diseño Medellín, positioning it as a premier design and lifestyle event in Latin America and the Caribbean.
Solid 1Q-2024 for Arauco
CHILE – In the first quarter of 2024 (1Q-2024), Arauco’s revenues rose to USD 1,654.9 million, representing a 15.0% increase from the first quarter of 2023 (1Q-2023).
Dexco 1Q-2024 Sales Up 13.1%
BRAZIL – In the first quarter of 2024 (1Q-2024), Dexco experienced a 13.1% annual growth in Net Sales Revenue compared to the same period in 2023, with improvements seen across all divisions, particularly in Wood.
LIGNA 2025 Explores Three Keys to Wood Processing
GERMANY – LIGNA 2025 in Hannover will center around three key topics: LIGNA.CONNECTIVITY, LIGNA.SUSTAINABLE PRODUCTION, and LIGNA.ENGINEERED WOOD.
Wilsonart Successfully Concludes Leadership Handover
USA – Wilsonart, a global leader in engineered surfaces, announced the retirement of Tim O’Brien as president and CEO, marking the end of his successful tenure.
Lamitech Signed the Largest Photovoltaic Panel Project in Colombia
COLOMBIA – Lamitech, a leader in high-pressure laminates in Latin America, has partnered with Promigas and its subsidiary Surtigas to launch Colombia’s largest photovoltaic panel project in Cartagena.
Schattdecor Sales Exceed EUR 900 million in 2023
GERMANY – With preliminary total sales of over 900 million euros for the 2023 financial year, the Schattdecor Group is slightly below its previous year’s sales.
Falabella to Transition all Peruvian Maestro Stores to Sodimac
PERU – Falabella has launched a comprehensive transformation plan for its Maestro Stores in Peru, as revealed in its 2023 Annual Report.
Advancements at Roseburg’s New Production Plants
USA – One year after announcing a USD 700 million investment, Roseburg Forest Products reports significant progress on two new plants in Dillard, Oregon.
Positive 1Q-2024 for Surteco
GERMANY – In the first quarter of 2024, Surteco Group’s sales reached EUR 222.3 million, marking an 8.1% increase from the EUR 205.7 million reported in the same period last year.
Masisa Sales Down 17.9% in 1Q-2024
CHILE – Masisa S.A. has released its financial results for the 1Q-2024.
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Leading U.S. Woodworking Machinery Groups are Set to Merge
17.5% Drop in Brazilian Wood Furniture Exports in 8M-2023
BRAZIL – During the first eight months of 2023 (8M-2023), Brazilian wood furniture exports decreased by 17.5%, totaling a value of USD 373.70 million compared to the same period in 2022 (8M-2022: USD 453.13 million).
Maco acquires 100 per cent of the shares in Hautau
Leuco completes 20 years of service in Poland
POLAND – Leuco Polska, founded in November 2003 as the company’s inaugural subsidiary in Eastern Europe, is celebrating its twenty-year anniversary of dedicated service.
Profit of Main Companies in the Ecuadorian Wood and Furniture Segment Falls Despite Growth
ECUADOR – According to the annual ranking of the top 1,000 Ecuadorian companies by sales published by Ekos magazine, the five companies in the wood and furniture segment that entered the ranking in 2022 grew 10.3%, reaching USD 426.8 million compared to USD 387.1 million in 2021.
Chilean Particleboard Exports Down 3.2% in 6M-2023
CHILE – Chilean particleboard (PB/MDP) exports saw a 3.2% decrease in the first half of 2023 (6M-2023), reaching USD 54.64 million, compared to USD 56.46 million in the same period of 2022.
Weyerhauser Announces Approval of First Forest Carbon Project
USA – Weyerhaeuser recently announced it has received approval from the American Carbon Registry for its Improved Forest Management (IFM) carbon credit project in Maine.
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