Headlines
Homag Responding to Weak Demand
GERMANY – Responding to a significant decline in order intake during the first nine months of 2023, the Homag Group is implementing measures, including cutting nearly 600 jobs globally.
SCM Group is Again a Best Managed Company in Italy
ITALY – For the third consecutive year, SCM Group has been honored with the Best Managed Companies Award, recognizing entrepreneurial excellence in Made in Italy.
Dexco Reports 3Q-2023 Results
BRAZIL – Dexco, the largest wooden panel manufacturer in Brazil, faced challenges due to market weaknesses in the 3Q-2023, impacting sales volumes negatively.
Pelikano Presents its New 2023-2024 Collection
ECUADOR – Pelikano, regional leader in melamine boards, presents its 2023 – 2024 collection focused on “Free your senses” with unique colors and textures.
Leo Lübke is the new President of the Association of the German Furniture Industry
GERMANY – Leo Lübke is the new President of the Association of the German Furniture Industry (VDM). The general meeting unanimously elected the 59-year-old entrepreneur as the successor to Elmar Duffner.
Pfleiderer Wins German Sustainability Award
GERMANY – Pfleiderer, a leading manufacturer of premium engineered wood products, laminates and resins, has won the German Sustainability Award (DNP) 2024 in the Basic Materials/Wood Processing category.
Karl Weinmann Passed Away at the Age of 70
GERMANY – The founder and long-time managing director of Weinmann Holzbausystemtechnik GmbH, Karl Weinmann, passed away unexpectedly on October 6, 2023, at the age of 70.
Forte Decides on Job Cuts
POLAND – The board of directors of the polish furniture manufacturer Forte SA made the decision to restructure the workforce to align with the current demand situation, which entails a reduction of approximately 10% in the workforce. The company will initiate discussions with labor unions to facilitate this process.
Nobia Sales Down 18% in 3Q-2023
Nobia Sales Down 18% in 3Q-202
SWEDEN – Nobia, one of the largest kitchen furniture manufacturers in Europe, is experiencing the impact of the current market dynamics. Notably, both private customer business and project business witnessed a decline in the third quarter.
Proteak’s sales remain down in 3Q-2023, Impacting Results
MEXICO – Proteak, Mexico’s largest forestry company, reported its 3Q-2023 results.
Basajaun Leads Sustainable Construction at WoodRise 2023
FRANCE – During the latest edition of the international conference WoodRise, held in Bordeaux, France from October 17 to 20, over 3,000 participants from 20 different countries came together to explore the latest trends and advancements in timber construction.
Arauco North America Announces Leadership Changes
USA – Arauco announced important leadership changes for the North American market. Russ Jordan has been named President of Arauco North America, reporting to Pablo Franzini, the President of Arauco’s Global Wood Business.
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China, Main Foreign Market for Brazilian Particleboard in 2022
BRAZIL – The value of Brazilian exports of particleboard (PB / MDP) reached USD 108.94 million in 2022 (5M-2022).
Arauco Concludes the First Pulp Production of the MAPA Project
CHILE – Underway since 2018, the investment in the project was USD 2.35 billion and should increase production capacity by an additional 1.56 million tons per year.
Ikea Increases Transparency about Origin of Wood in Products
NETHERLANDS – Ikea uses wood more than any other material, and for the very first time, shares all of the 45 markets suppliers sourced wood from in Fiscal Year 22.
interzum 2023 turns the spotlight on green issues
GERMANY – interzum 2023, to take place in Cologne from 9 to 12 May 2023, will place even greater emphasis on key issues of the future, such as sustainability, climate protection and resource efficiency, in order to drive forward the conversation about these matters.
LIGNA.Preview Set for February 16
GERMANY – LIGNA.Preview the most important press event for Ligna will take place on February 16, at the Hannover fairground.
Robert Bierfreund of Interprint new Chairman of DIPA
GERMANY – Robert Bierfreund is taking over the chairmanship of the Digital Printing Association (DIPA) with immediate effect, replacing Ali Özyilmaz of MB Digitalprint.
Ecuadorian Particleboard Exports Up 14.6% in 10M-2022
ECUADOR – The value of Ecuador’s particleboard (PB/MDP) exports reached USD 185.09 million in the first ten months of 2022, representing an increase of 14.6 percent compared to the same period of the previous year (10M-2021: USD 161.53 million).
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