Headlines
Groupe Miralis Invests USD 33 million in Two New Highly Automated plants
CANADA – Groupe Miralis recently announced a total investment of CAD 45 million (USD 33 million) for the start-up of two new high automation manufacturing plants, one in Saint-Anaclet-de-Lessard (near Rimouski) and another in Québec City.
German Pavilion Returns to KBIS in 2023
Door Manufacturer Steves & Sons to Invest Over USD 100 Million in Georgia
USA – Steves & Sons, a high volume and family-owned door manufacturer, will invest over USD 100 million and create 170 jobs over the next three years as it builds a new, state-of-the-art facility in Jackson County, Georgia.
FSC to Enhance Relevance and Understanding of its Global Brand
GERMANY – With more than half of global consumers recognizing and trusting the ’check tree’ logo, the FSC brand has built a strong foundation of awareness over the years.
Spanish Furniture Exports grow 13.4% between January and September 2022
SPAIN – During the first nine months of the year, Spanish furniture exports continued their growth trend with an increase of 13.4% to over EUR 2,181 million.
Pervanovo Acquires the Croatian Furniture Producer Spin Valis
SWEDEN – Pervanovo, the parent company of Bjelin industries in Croatia and Välinge Group in Sweden, has through its subsidiary Välinge Croatia signed an agreement to acquire 85% of the shares in the Croatian furniture company Spin Valis.
SCM’s Latest Developments in Edgebanding
ITALY – New heights in quality design edgebanding, both for artisan businesses and large industries.
Bruks Siwertell to Deliver Equipment for Egger Expansion in US
USA – Bruks Siwertell will shortly deliver a Bruks truck-receiving system and a radial stacker to Egger Wood Products’ particleboard production plant in Linwood, North Carolina, USA.
Eucatex Profitability Down in 3Q-2022
BRAZIL – Eucatex, one of the largest manufacturers of wood panels in Brazil, with operations also in the paint, varnish, laminated flooring and doors segments, announced its results for the third quarter of 2022 (3Q-2022).
Arauco’s Sales Up 10.2% in 3Q-2022
CHILE – Arauco, one of the largest global wooden panel manufacturers, reported that sales revenues reached USD 1,879.4 million in the third quarter of 2022 (3Q-2022).
Brazilian Wood Panel Consumption Down 15.1% in 9M-2022
BRAZIL – As reported by IBA (Brazilian Tree Industry), in the first nine months of 2022 (9M-2022) the consumption of wood-based panels (Chipboard/MDP, MDF and Hardboard) in Brazil reached 5.25 million m3, a significant drop of 15.1 percent compared to the 6.18 million m3 reached in 9M-2021.
Altendorf Recognized as Innovator of the Year 2022
GERMANY – The Altendorf Group has been awarded the “Innovator of the Year 2022” by the Die Deutsche Wirtschaft (DDW), also known as the German Business Association for its Hand Guard solution.
Videos
Current
US wooden furniture imports back to over USD 2 billion in March
USA – After a long run of gains was broken in February, US imports of wooden furniture picked up again in March, gaining 18%. Imports climbed back above the USD 2 billion mark for the month reaching USD 2.05 billion.
FIMMA – Maderalia will celebrate its next edition in 2022
SPAIN – FIMMA – Maderalia 2022, The International Fair of Materials and Components for the Furniture industry, will finally celebrate its 39th edition from March 29 to April 1, 2022 at the Feria Valencia site.
LIGNA 2021 canceled
GERMANY – Due to the continuing high level of infection worldwide in the wake of the COVID-19 pandemic, the slow national and international progress on vaccination and thus the continuing existence of travel restrictions.
CMPC first Chilean company to issue a Sustainability Bond in international markets
CHILE – CMPC has become the first Chilean company to issue a Sustainability-Linked Bond (“SLB”) in the international market for US$ 500 milllion over a 10-year term.
Cultivated tree sector plants 1 million trees a day in Brazil
BRAZIL – The Brazilian Tree Industry (Ibá), an association that brings together the productive chain of planted trees, from the field to the industry, completes 7 years this April.
ITTO backs Timber Trade Portal to boost transparency of legal, sustainable timber trade
JAPAN – ITTO, Form International and the International Tropical Timber Technical Association have signed a new agreement for the expansion and improvement of the Timber Trade Portal aimed at assisting the growth, transparency and diversity of legal and sustainable tropical timber trade.
Ecuadorian Particleboard Exports continue to grow
ECUADOR – With exports for USD 26.96 million in the first two months of 2021 (2M-2021) Ecuador bettered Brazil (2M-2021: USD 15.7 million) and Chile (2M-2021: USD 12.9 million) and continues to consolidate as the main particleboard/ MDP exporting country of Latin America.
People
