Headlines
CIFF Guangzhou Announces its Largest Edition in 2024
CHINA – The 53rd edition of the China International Furniture Fair (CIFF Guangzhou 2024), themed “Designing A Be er Home, Serving A New Pattern”, promises to be a record-breaking event.
Pfleiderer Opens Sales Office for the Middle East in Dubai
UNITED ARAB EMIRATES – Pfleiderer, a leading manufacturer of premium engineered wood products and laminates for kitchen, furniture, and construction applications, has established a sales representation at IFZA Business Park, DDP in Dubai Silicon Oasis (DSO).
Arauco Selects Opturion for Forestry Supply Chain Optimisation
CHILE – Opturion, a leading supply chain optimisation company, is delighted to announce that they have been awarded a contract by Arauco, a global manufacturer of forest products. This contract marks a significant milestone for Opturion and reinforces its commitment to working with innovative customers to increase productivity and efficiency.
Construction Sector’s Decline Impacts Laminate Flooring Sales in 2023
BELGIUM – The laminate flooring industry’s sales in 2023 continue to be influenced by the construction sector’s downward trend, following a challenging year in 2022. Despite facing a decline due to inflation, rising material costs, and decreased demand, the sector remains confident in the market’s future prospects.
Turkey Will Be Interprint’s Tenth Production Site
GERMANY – Interprint, a leading manufacturer of decorative surfaces for the wood-based materials, flooring, and furniture industries worldwide, is broadening its global footprint with the establishment of its 10th production facility in Turkey.
Sauder Teams Up with Kenco for eCommerce Logistics
USA – Kenco, a prominent third-party logistics (3PL) provider, has announced a significant collaboration with Sauder Woodworking Co., a major player in the ready-to-assemble furniture industry (RTA).
Biesse Sales Down 4.6% in 2023
ITALY – Biesse Group – a leader in technology for the processing of wood among other materials – has communicated the financial results for 2023, the financial year closed with sales revenues of EUR 785 million, down 4.6% compared to the EUR 822.43 million obtained the previous year.
Dexco Announces Fourth Quarter 2023 Results
BRAZIL – Dexco, Brazil’s largest wooden panel manufacturer, reported 4Q-2023 sales of BRL 1,948.7 million, marking a slight decline of 1.6% compared to the 4Q-2022, which stood at BRL 1,980.4 million.
Masisa Sales Down 34,9% in 2023
CHILE – Masisa S.A. has released its financial results for the year ended December 31, 2023.
Siempelkamp Subsidiary Pallmann acquires Febs SK
GERMANY – Pallmann, a subsidiary of Siempelkamp based in Zweibrücken, Germany, has acquired Febs SK s.r.o., a Slovakian company located in Mytne Ludany.
Barry Kellar Named President of Stiles Machinery
USA – Stiles Machinery named Barry Kellar as its new President to oversee all North American operations of the Homag Group, which includes over 650 employees across Stiles Machinery, Homag Canada, and Homag Machinery North America.
IMA Schelling Offers Factory Reconditioned Used Machines
GERMANY – In order to conserve resources, IMA Schelling reconditions its used machines and offers them again as “second-hand machines”. This applies to machines for wood processing as well as for metals and plastics.
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Arauco Promotes Wood as a Key Factor for Sustainable Urban Development
CHILE – Creating compact, diverse, accessible and sustainable cities is one of the main challenges facing the world today.
Domus Line Internacional Targets Latam Market
MÉXICO – Domus Line and Chapas y Maderas Importadas S.A. (CYMISA), its long-standing Mexican premium partner, have recently consolidated their strategic collaboration by founding Domus Line Internacional.
Schuler Consulting Obtains the Top Consultant Award
GERMANY – Schuler Consulting has won the TOP Consultant Award for the third time. The award honors Germany’s best medium-sized business consultants.
European Wooden Panel Production Down 7.8% in 2022
BELGIUM – European wood-based panel production fell 7.8% in 2022, according to figures recently released by the European Panel Federation (EPF).
USDA Forest Service Invests USD 188 million to Conserve Forests
USA – The U.S. Department of Agriculture (USDA) announced a USD 188 million investment to conserve some of the most economically and ecologically significant forestlands across the nation.
Stockholm Plans “World’s Largest Wooden City”
SWEDEN – Swedish developer Atrium Ljungberg plans to build what it says will be the world’s largest wooden city in Sickla, a former industrial quarter in southern Stockholm.
Peruvian Particleboard Imports Drop 15% in 5M-2023
PERU – Peruvian imports of particleboard (PB / MDP) reached USD 69.04 million in the period January-May 2023 (5M-2023). This represents a 7.0 percent drop compared to the same period of 2022 (5M-2022: USD 81.24 million).
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