Headlines
Homag Completes Full Acquisition of Kallesoe Machinery A/S
GERMANY – At the end of April 2025, Homag Group reached a significant milestone in its strategic expansion by acquiring the remaining 29.4% of shares in Kallesoe Machinery A/S, thereby becoming the sole owner of the Danish company. This transaction solidifies Homag's...
Dieffenbacher Addresses Key Panel Industry Challenges at Ligna 2025
GERMANY – At Ligna 2025, German machine and plant manufacturer Dieffenbacher will spotlight innovative technologies and services designed to help wood-based panel producers overcome today’s most pressing challenges. At booth C41 in hall 26, the company will focus on...
Roseburg Enhances Plywood Production with Mill Upgrades
USA – Roseburg Forest Products has made significant advancements across its plywood manufacturing operations, investing in cutting-edge equipment and process improvements aimed at boosting efficiency, product quality, and sustainability. Over the past five years, the...
Nolte Möbel to Shut Down After 70 Years in Business
GERMANY – Bedroom furniture manufacturer Nolte Möbel GmbH & Co. KG will permanently cease operations by the end of July, bringing an end to the company’s 70-year history. The Germersheim-based firm informed its remaining 230 employees of the closure on April 28,...
Brazil’s Cultivated Tree Industry Sets Record Trade Surplus in 2024
BRAZIL – Brazil’s cultivated tree industry posted record-breaking results in 2024, reaching a trade surplus of USD 15.7 billion, up 23.5% compared to 2023, according to Mosaico Ibá, a bulletin from the Brazilian Tree Industry (Ibá). The sector’s performance was led by...
Ingka Investments Opens Its First Solar Park in Poland
POLAND – Ingka Investments, the investment arm of the Ingka Group – the largest Ikea retailer – has inaugurated its first solar park in Poland, reinforcing its commitment to the renewable energy transition. The solar park in Recz, with a capacity of nearly 29...
Wayfair Grows U.S. Sales Amid Global Declines
USA – Wayfair Inc. , a leading global distributor of furniture and home goods, reported first-quarter 2025 revenue of USD 2.7 billion, nearly flat year-over-year. U.S. net revenue rose 1.6% to USD 2.4 billion, helping offset a 10.9% decline in international sales....
Sodimac Expects to End 2025 with 19 Stores in Mexico
MEXICO – Sodimac, the home improvement retailer owned by Falabella S.A., has announced plans to open four new stores in Mexico in 2025. With these additions, the company expects to close the year with 19 locations across the country. The expansion reinforces...
Surteco Hit by High Costs and Weak Demand
GERMANY – Surteco Group reported stable sales but a sharp decline in profitability for the first quarter of 2025 (1Q-2025), as weak market demand and rising material costs weighed on results. The decorative surface specialist generated revenues of EUR 222.3 million in...
Schattdecor Ends 2024 with Stable Results and Eyes Future Growth
GERMANY – Schattdecor Group, a global leader in decorative surfaces, reported preliminary sales of approximately EUR 875 million for the 2024 financial year, coming in slightly below the previous year. Despite the modest decline in revenue, production remained robust...
Unilin Panels Wins 2025 Red Dot for Eco-Friendly Design
BELGIUM – Unilin Panels has received a prestigious Red Dot Award in the Product Design 2025 category for its melamine-faced Fibralux Biobased panel. The award recognizes the panel’s outstanding design and strong environmental credentials. Launched in 2023 and further...
Novopan Launches Pelíkano in Mexico as Part of Regional Expansion
MEXICO – Novopan, a leading wood panel manufacturer in Latin America, has announced the launch of its brand Pelíkano in Mexico, as part of its strategy to expand and strengthen its presence in key regional markets. Pelíkano enters the growing decorative panel segment...
Videos
Current
Latin America’s Wooden Furniture Exports Dip 5.5% in 6M-2024
COLOMBIA - In the first half of 2024, Latin America's wooden furniture exports experienced a decline of 5.5% compared to the same period in 2023, totaling USD 759.3 million. This downturn reflects varied performances across the region, with some countries seeing...
Eco-Friendly Building Materials are Transforming Ecuador’s Construction Sector
ECUADOR - The construction industry is a major environmental contributor globally, accounting for about 39% of CO2 emissions, primarily due to material manufacturing like cement. However, the shift towards sustainable practices is gaining momentum. Daniel Sotalin,...
China’s Wooden Furniture Exports Surge 24% in 7M-2024
USA - According to Lesprom Analytics, China’s wood furniture exports saw a significant 24% increase in the first seven months of 2024, reaching 256 million pieces. This boost led to a 9% rise in export value, totaling USD 13.4 billion. Despite this growth, the average...
TF Bern Innovates Carpentry Training with Digital Solutions
SWITZERLAND - Technische Fachschule Bern (TF Bern), founded in 1888 in Switzerland, is renowned for blending technical training with real-world production. With 650 trainee spaces, TF Bern offers hands-on experience by creating custom furniture and interior fittings....
FSC and Aglomerados Cotopaxi Highlight Ecuador’s Leadership in Sustainable Forest Management
ECUADOR - Aglomerados Cotopaxi, one of Ecuador's leading forest products companies , recently hosted a significant discussion in partnership with FSC Ecuador to highlight the country’s pivotal role in sustainable forest management. Ecuador’s extensive forest coverage,...
Greenply-Samet Joint Venture Begins Furniture Hardware Production
INDIA - Greenply Industries and Samet have launched their joint venture, Greenply-Samet, marking a significant milestone in the Indian furniture hardware market. Officially named Greenply Samet Private Limited, this new venture began operations on October 26, 2023,...
Sharp Decline in Chile’s Particleboard Exports in 6M-2024
CHILE - From January to June 2024 (6M-2024), Chile's exports of particleboard (PB / MDP) faced a significant downturn, totaling USD 44.5 million. This represents an 18.5% decrease compared to the same period in 2023, when exports amounted to USD 54.6 million. A closer...
People
Gallery
