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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.
Homag Completes Acquisition of System TM
GERMANY – The Homag Group (Schopfloch) has completed its acquisition of System TM, by purchasing the remaining 20 percent of shares at the beginning of April 2024.
Egger Group Announces Retirement of Ulrich Bühler After 24 Years of Service
AUSTRIA – The Egger Group, one the largest wooden panel manufacturers in the world, bids a fond farewell to Ulrich Bühler as he embarks on his well-deserved retirement at the end of April 2024.
Wayfair Announces Opening Date for Its First Large-Format Store
USA – Wayfair Inc. recently announced the grand opening of its inaugural large-format Wayfair store on May 23, 2024, at 10 a.m. Spanning nearly 14,000 square meters, the Wayfair store is situated in Edens Plaza in Wilmette, Illinois.
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.
Ecuadorian Imports of Decor Paper Down 17.7% in 2M-2024
ECUADOR – The value of Ecuadorian imports of decorative papers for wood panel surfaces amounted to USD 5.60 million in the first two months of 2024 (2M-2024).
Ikea Expands Electric Vehicle (EV) Charging Stations
NETHERLANDS – Ingka Group, the largest Ikea retailer worldwide, is expanding its EV charging networks, installing 1,000 new charging points in its stores in Germany by 2028 and 1,000 more in its stores in in Norway, Denmark, and Sweden by 2024.
Homag in Strategic Partnership with Luli Wood Industry
CHINA – In the final quarter of 2023, the German-based company Homag, a leading provider of integrated solutions for the woodworking industry, secured a substantial order from China’s Luli Wood Industry.
Weinig to Manufacture Three Stähle-Hess Machinery Models
GERMANY – Prior to Holz-Handwerk 2024, Weinig signed a contract to take over the grinding machine program of Stähle-Hess GmbH.
Egger Group Acquires Majority Stake in Italian Recycling Company Cartfer Urbania S.r.l.
ITALY – The Egger Group has secured a 60% ownership in Cartfer Urbania S.r.l., a leading recycling company situated in Urbania, Italy, at the core of the Italian furniture industry.
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Homag Group Main Machinery Supplier to the Colombian Market in 6M-2023
COLOMBIA – Colombian imports of European machinery for secondary wood processing (wood-based panels) reached USD 1.87 million in the first half of 2023 (6M-2023). This represented a sharp drop of 30.3% compared to the previous year (6M-2022: USD 2.69 million).
Canadian Government Grants USD 3 million to Roseburg for MDF Plant Automation
CANADA – The Ministry of International Development announced a USD 1.5-million contribution to Roseburg Forest Products Canada for the installation of robotic equipment to enhance their medium-density fibreboard (MDF) plant.
Good Results for Fimma Brasil
BRAZIL – Fimma Brasil and Movelsul Brasil, held jointly from August 28 to 31 at the Bento Gonçalves Event Park in Rio Grande do Sul, delivered on their promise to revitalize the furniture sector.
Spanish Furniture Exports Exceed EUR 1.5 billion in 6M-2023
SPAIN – According to data published by Anieme (Spanish National Association of Furniture Manufacturers and Exporters), from January to June 2023 (6M-2023) Spanish furniture exports showed a growth of 6.6%, exceeding EUR 1,535 million.
The EU Commission Probes Possible Anti-dumping Evasion on Russian Birch Plywood
BELGIUM – The European Commission has launched an official probe into potential evasion of EU anti-dumping rules by Russian birch plywood producers and traders.
Brazilian Wood-Based Panel Consumption and Exports Down in 6M-2023
BRAZIL – As reported by IBA (Brazilian Tree Industry), in the second quarter of 2023 (2Q-2023) the consumption of wood-based panels (PB/MDP, MDF/HDF and Hardboard) in Brazil reached 1.72 million m3, a slight drop of 1.4 percent compared to the 1.74 million m3 reached in 2Q-2022.
Brazilian Furniture Exports Down 18.5% in First Half 2023
BRAZIL – Brazilian wood furniture exports witnessed a significant decline of 18.5% in the first half of 2023 (6M-2023), reaching a value of USD 272.33 million compared to USD 334.18 million in 6M-2022.
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