Headlines
Sindmóveis Partners with NKBA to Boost Global Business
USA - The Furniture Industry Association of Bento Gonçalves, Brazil (Sindmóveis), has joined the NKBA Global Connect initiative as a Strategic Alliance Partner, strengthening connections between the North American and Latin American kitchen and bath industries....
Altendorf Recognized as “Brand of the Century”
GERMANY - Altendorf, the global leader in premium sliding table saws, has been honored with the prestigious "Brand of the Century" title at a book launch ceremony. This recognition highlights the company’s commitment to technological innovation, quality, and safety....
Wood Panel Advances at the 13th European Symposium
GERMANY - The 13th European Wood-Based Panel Symposium, held in Hamburg, Germany, on October 10-11, gathered nearly 400 industry leaders, scientists, and entrepreneurs to discuss the future of formaldehyde emission regulations and innovations in the wood-based panel...
Chile’s Particleboard Exports Up 3.4% in 10M-2024
CHILE - Chile’s exports of particleboard (MDP) showed a modest increase, with total exports rising by 3.4% year-on-year, from USD 90.27 million in 2023 to USD 93.36 million in 2024, according to data from January to October (10M-2024). The growth was primarily driven...
Homag Shareholder Settlement Confirmed by Court
GERMANY - The Management Board of Homag Group AG has confirmed that the Higher Regional Court of Stuttgart has issued a final ruling regarding the legal dispute over the cash settlement and guaranteed dividend for shareholders. The court has set the cash settlement at...
Unilin and Dieffenbacher Advance Fiberboard Recycling
BELGIUM - In October 2024, Unilin and Dieffenbacher announced a partnership to commercialize Unilin’s innovative "Osiris" wood fiberboard recycling technology. As part of the agreement, Dieffenbacher has become the preferred global supplier of Osiris machinery for...
New Leadership at Rehau Americas
USA - Rehau has announced the promotion of Dr. Thomas Troeger from Chief Marketing Officer (CMO) to Chief Executive Officer (CEO) of Rehau Americas. The regional executive board now includes Troeger as CEO, Theo Haast as Chief Financial Officer (CFO), and Terry...
Gino Lévesque Named CEO of Tafisa Canada
CANADA - The Board of Directors of Tafisa Canada has announced the appointment of Gino Lévesque as the company’s future Chief Executive Officer. Lévesque will join Tafisa on January 20, 2025, and officially succeed Louis Brassard on March 1, 2025. Brassard, CEO since...
Cantisa Celebrates 40 Years of Pioneering Edge Banding Innovation
SPAIN - Cantisa, a leader in edgebanding and decorative trims, is celebrating its 40th anniversary this year. This milestone reflects decades of hard work, innovation, and continuous growth. "We are deeply grateful to all those who have trusted us, helping us evolve...
BMWK Funds German Start-Ups at Interzum 2025
GERMANY – The German Federal Ministry for Economic Affairs and Climate Action (BMWK) is offering financial support to young, innovative companies, helping them exhibit at interzum 2025 by covering up to 60% of their stand costs. Interzum, taking place from May 20-23,...
Masisa Advances Toward Net-Zero Emissions by 2050
CHILE - Masisa, a leading forestry company, has made a significant stride in sustainability by achieving 67% of its energy consumption from biomass. This renewable source, derived from organic materials such as wood and agricultural waste, is now the company’s primary...
Brazilian Furniture Project Extended to Drive Export Growth
BRAZIL - The Brazilian Furniture Industry Association (Abimovel) and ApexBrasil (Brazilian Agency for the Promotion of Exports and Investments) have renewed the Brazilian Furniture Sector Project for another two-year cycle, effective December 20, 2024. This initiative...
Current
Argolite AG Becomes Part of the Swiss Krono Group
SWITZERLAND – Founded in 1937, Willisau-based company Argolite AG has been a leading producer of laminate panels since 1953. With 80 employees, it is the sole Swiss manufacturer of HPL (High Pressure Laminates) meeting the EN438 quality standard.
US Wooden Furniture Imports Down 26.5% in 9M-2023
USA- The United States wooden furniture imports reached USD 9.4 billion in the first nine months of 2023 (9M-2023). This represented a 26.5% decrease compared to the USD 12.8 billion imported in the same period of 2023.
Klabin Acquires Arauco’s Forestry Operation in Paraná, Brazil
BRAZIL – Klabin, the largest producer and exporter of packaging paper and sustainable paper packaging solutions in Brazil, has declared the acquisition of Arauco’s forestry operation in Paraná.
Duraplay Purchases Particleboard Plant in Mexico from Masisa
MEXICO – Recently, Duraplay, S.A.P.I. de C.V., a Mexican company, and Forestal Terranova México, S.A. DE C.V., entered into an asset purchase agreement for the sale of the wood based panel Plant owned by the latter, a Mexican subsidiary of Masisa S.A., located in Chihuahua, Mexico.
Kronospan Completes Purchase of Particleboard Plant from Roseburg
USA – Kronospan, a prominent manufacturer of wood panel products, has officially completed the acquisition of Roseburg’s Simsboro, Louisiana, particleboard facility. The transfer of ownership from Roseburg to Kronospan has been finalized following the required regulatory review period.
Positive Year for Italian Woodworking Technology
ITALY – The preliminary 2023 balance from the Acimall Studies Office reveals a 3.5 percent production growth compared to 2022.
Peruvian Imports of Plastic Edgebands Up 2.3% in 9M-2023
PERU – The value of Peruvian imports of plastic Edgebands in the first nine months of 2023 (9M-2023) was USD 3.68 million.
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