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Signs of Recovery in Italy’s Woodworking Machinery Sector
ITALY - Despite the challenges in rolling out new procedures and awaiting simplification measures, incentives for "Industry 5.0" initiatives are beginning to show positive effects, particularly in the machinery and technology sector for wood and wood-based materials,...
Cantisa Strengthens its Presence in Latin America
SPAIN – Cantisa, the Spanish company specializing in the manufacture and sale of edge banding, is strengthening its presence in Latin America with a new commercial delegation in the region. This expansion of its Export Department directly engages with Latin American...
SCM Acquires 51% Stake in Mecal Machinery
ITALY – SCM Group has acquired a 51% stake in Mecal Machinery, a leading manufacturer of machinery and systems for processing aluminium, PVC, and light alloys. This acquisition strengthens SCM Group's portfolio, offering advanced technological solutions for industries...
Masisa Reports 4.7% Drop in Sales Revenue as of September 2024
CHILE - As of September 2024, Masisa reported sales revenue of USD 221.6 million, a 4.7% decrease compared to the same period last year. This drop was primarily due to significant pricing pressures in its operating markets. However, sales volume in cubic meters for...
Sodimac Opens its 15th Store in Mexico
MEXICO - Sodimac, a home improvement and construction retailer, has opened its 15th store in Mexico, marking its first location in Jalisco. The new store in Zapopan covers 10,000 square meters, with 8,400 square meters dedicated to sales floor space. Sodimac offers a...
Schattdecor Debuts Hotmelt Adhesive Line in South Carolina
USA - Schattdecor has officially launched its new Hotmelt Adhesive production line at its Lexington, South Carolina, facility. The first roll of material featuring pre-applied Hotmelt came off the line on November 14, marking a significant step forward for the...
Ranger Board Upgrades MDF Plant
CANADA – Ranger Board, a division of West Fraser Timber, has announced a major modernization project for its MDF production plant in Blue Ridge, Alberta. Partnering with Sunds Fibertech, a leading supplier of panel production technologies, the project will involve...
Triple E Enhances RVs with Garnica’s Sustainable Plywood
CANADA – Triple E, a leading Canadian RV manufacturer with nearly 60 years in the North American market, is known for its commitment to quality and innovation. With a vertically integrated approach, the company controls the entire production process to deliver...
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...
Koskisen Obtains Nordic Swan Ecolabel for Particleboard Products
FINLAND – Koskisen , a leading wooden panel manufacturer in the Nordic region, recently announced that four of its particleboard (chipboard) products have officially earned the prestigious Nordic Swan Ecolabel, a widely recognized symbol of environmental...
Google Unveils First Mass Timber Office in California
USA - Google has unveiled its first office building constructed using mass timber, located at 1265 Borregas in Sunnyvale, California. The five-story building, designed with sustainability in mind, is expected to reduce carbon emissions by 96% compared to a traditional...
Ingka Group Reports Resilient FY24 Performance
NETHERLANDS - Ingka Group, the largest Ikea retailer, reported a revenue of EUR 41.8 billion for Fiscal Year 2024 (FY24), despite tough economic conditions, including high interest rates and inflation. The company prioritized affordability, reducing prices by EUR 2.1...
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Dieffenbacher Receives Order for OSB plant in Chile
CHILE - Chilean company Celulosa Arauco y Constitución S.A. (Arauco), the world’s second-largest wood panel manufacturer, has commissioned Dieffenbacher to supply an OSB plant to replace an existing MDF line at its Trupan site in Cholguán, Bío-Bío region. The plant is...
Novopan Reinforces Sustainability with Recycling Lab
ECUADOR - Novopan, a leader in the wood based panels industry, continues to demonstrate its commitment to sustainability through active participation in the Recycling Lab, Latin America's first thematic park focused on promoting the circular economy and responsible...
New Furniture Training Factory Opens in Germany
GERMANY - The Furniture Industry Training Factory in Löhne officially opened on November 5, 2024, after 16 months of construction. This state-of-the-art facility, funded with EUR 22.5 million from the German Federal Government and the state of North Rhine-Westphalia,...
interzum Award 2025 Entries Now Open
GERMANY - The interzum Award 2025 is now open for entries from exhibitors participating in Interzum 2025. The award is looking for innovative and sustainable solutions across the categories of Function & Components, Materials & Nature, Textile & Machinery,...
Ibá Releases Study on Biodiversity in Cultivated Tree Sector
BRAZIL - On October 21, 2024, at the start of COP16, The Brazilian Tree Industry Institute (Ibá) launched its study "Biodiversity: A Commitment from the Brazilian Cultivated Tree Sector." The 55-page report outlines the ongoing actions of sector companies that align...
Irineu Munhoz re-elected president of ABIMÓVEL for the 2025/2027 term
BRAZIL - On November 4, 2024, Abimóvel (Brazilian Furniture Industry Association) held its General Assembly in São Paulo, where the new Board and Councils for the 2025/2027 term were elected. Irineu Munhoz, who has led the organization since 2023, was re-elected...
Chile’s Particleboard Exports Down 5.1 in 8M-2024
CHILE – In the first eight months of 2024, Chile's particleboard exports totaled USD 69.1 million, reflecting a decrease of 5.1% compared to USD 72.8 million in the same period of 2023. Chile's exports in the period 2024 reveal contrasting trends across different...
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