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West Fraser Reduces Operations Due to Wood Market Pressures
USA – West Fraser announced it will permanently close its lumber mills in Augusta, Georgia, and 100 Mile House, British Columbia, by the end of 2025 following an orderly wind-down. The decision reflects ongoing timber supply challenges and weak...
Arauco Advances Transparency by Adopting TNFD Framework
CHILE – Arauco has formally joined the Taskforce on Nature-related Financial Disclosures (TNFD) as part of its ongoing commitment to transparency and sustainability. Through this initiative, the company will report in detail the risks and...
Cantisa Showcases Decorative Edge Innovations at Interihotel 2025
SPAIN – From October 21 to 23, Barcelona hosted a new edition of Interihotel, the leading interior design event for the hospitality sector. The fair gathered thousands of contract professionals, interior designers, architects, and brands showcasing...
Brazilian Particleboard Exports Down 8.8% in 9M-2025
BRAZIL – Between January and September 2025, Brazil’s particleboard (MDP) exports totaled USD 79.3 million, down 8.8% compared with the same period in 2024, according to customs data. The decline was driven mainly by lower shipments to China and Peru,...
SBA Group Opens USD 70 Million Furniture Plant in North Carolina
USA – SBA Group, one of Lithuania’s largest business conglomerates, has officially inaugurated operations at its first U.S. furniture manufacturing plant in Mocksville, North Carolina. Representing an investment of USD 70 million, the facility has successfully...
Surteco Reports Lower Sales but Confirms 2025 Outlook
GERMANY – During the first three quarters of 2025, Surteco Group, a leading, full service provider of decorative surfaces, recorded sales of EUR 639.8 million, compared to EUR 662.2 million in the same period of the previous year. After accounting for the...
Researchers and Industry Drive Progress in Wood Adhesives
CANADA – The 2025 International Conference on Wood Adhesives (ICWA), organized by the Forest Products Society (FPS), was held at the University of British Columbia, bringing together leading researchers, manufacturers, and professionals from around the...
Välinge and Forte Strengthen Partnership with ModuKlix Modular System
SWEDEN – Välinge Innovation has announced the expansion of its collaboration with Polish furniture manufacturer Forte, one of Europe’s largest producers of self-assembly furniture. The company recently unveiled ModuKlix, a modular wardrobe system featuring...
Striebig and Martin to Exhibit Jointly at Holz-Handwerk 2026
GERMANY – Striebig AG and Otto Martin Maschinenbau GmbH will exhibit together for the first time at Holz-Handwerk 2026, taking place from March 24 to 27, 2026, at the Exhibition Centre Nuremberg. The collaboration aims to strengthen both companies’ presence in the...
Fitch Upgrades Grupo Falabella’s Rating to Investment Grade
CHILE – International credit rating agency Fitch Ratings has upgraded Grupo Falabella’s credit rating to BBB- with a stable outlook, restoring the company’s investment grade status after two years. In its report, Fitch highlighted the company’s...
MasterBrand and American Woodmark Shareholders Approve Merger
USA – MasterBrand, Inc. and American Woodmark Corporation announced that shareholders from both companies have approved their proposed merger during special meetings held earlier today. The final voting results will be detailed in filings with the...
Altendorf Brings Artificial Intelligence to the Skilled Trades
GERMANY – Artificial intelligence is no longer a concept of the future—it is already transforming skilled trades. The Altendorf Group, a global leader in format circular saws and digitally networked manufacturing solutions, is participating as an industry...
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CSIL Marks 45 Years as a Key Reference in Economic Research and The Furniture Industry
ITALY – In 2025, Milan-based Centro Studi Industria Leggera (CSIL) celebrates its 45th anniversary, a milestone that serves both to honor its history and to look ahead at the challenges and opportunities facing the organization and the global furniture...
IWF Launches New Trade Show
USA – The International Woodworking Fair (IWF) confirmed the launch of IWF West, an all-new trade show and conference to be held August 25–27, 2027, at the Henry B. González Convention Center in San Antonio, Texas. Designed as a mid-cycle addition to the...
Ikea and Major Chains Expand in European Kitchen Market
ITALY – CSIL’s Top 100 Kitchen Furniture Manufacturers in Europe report provides a comprehensive overview of the sector, assessing performance, specialization, market relevance, and concentration of leading producers. The study covers headquarters...
Up to 50% Tariffs Threaten Forestry Jobs in Paraná
BRAZIL – Brazil’s timber industry has voiced serious concerns over the effects of US tariffs of up to 50% on wood products. In August 2025, the Paraná Association of Forest-Based Companies (APRE Florestas) met with the State Secretariat of Finance (Sefa)...
German Economy Stagnates in 2025, Weak Recovery Expected in 2026
GERMANY – Germany’s economy will stagnate in 2025, with only a modest recovery of around 1% projected for 2026, according to the latest economic forecast from the German Economic Institute (IW). High energy and labor costs, excessive regulation,...
Philippine Woodmac 2026 set for May 7–9
PHILIPPINES – From May 7 to 9, 2026, Philippine Woodmac will take place at the Subic Bay Exhibition and Convention Centre, alongside the Philippine Wood Expo. The event is co-organised by the Chamber of Furniture Industries of the Philippines (CFIP) and Pablo...
Egger launches new Flooring Collection in Latin America
ARGENTINA – Egger is reinforcing its comprehensive interior design offer with the launch of its new 25+ Flooring Collection in Latin America. In Argentina, the company held presentations in several cities, reaching more than 300 professionals, including...
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