Headlines
CSIL Publishes “Top 100 RTA Furniture Manufacturers in Europe”
ITALY – The Top 100 RTA furniture manufacturers in Europe publication by CSIL provides a bird’s-eye view of the RTA furniture competitive landscape in Europe, with the analysis of the leading 100 producers, their level of specialization, and the sector concentration.
American Woodmark will invest USD 65 million to expand capacity in the U.S. and Mexico
USA – American Woodmark Corporation will increase its stock kitchen and bath cabinet capacity for east coast markets.
Biesse Sales Grow 16.4% in 9M-2022
ITALY – The Biesse Group, a world leader in wood processing machinery and technology, reported results for the first 9 months of 2022 (9M-2022).
Dexco Informs 3Q-2022 Results
BRASIL – Dexco, the largest wooden panel manufacturer in Brazil, reported Net sales Revenue of BRL 6,506.2 million in the first nine months 2022, an increase of 9.9% versus the same period in 2021, explained by the improvement in Unit Revenue of the divisions and the uptick in exports.
Xylexpo 2022 Beyond Expectations
ITALY – The 27th edition of Xylexpo, the biennial international exhibition of technology for the wood and furniture industry, closed last Saturday, October 15 in Milan.
Miraluz to be the First in Brazil to Utilize One-sided Gluing for Plywood
BRAZIL – Miraluz Ind. e Comércio de Madeiras Ltda in Brazil looked for a solution to reduce glue consumption and optimize manpower.
Frank Herrmann becomes CEO of Pfleiderer
GERMANY – As of November 1st, 2022, Dr. Boris Gorella, CEO of the Pfleiderer Group, will be leaving his executive functions at Pfleiderer in order to pursue other activities.
Carlyle to acquire Garnica
SPAIN – Global investment firm Carlyle announced that it has agreed to acquire a majority stake in Grupo Garnica Plywood, S.A., a leading global manufacturer of premium plywood solutions, from ICG and certain shareholders, some of whom will retain a stake in the business, including the Garnica family and the management team.
Cabinetworks Group Invests USD 23 million to Expand Plant
USA – Cabinetworks Group, the country’s largest independently owned manufacturer and distributor of kitchen and bath cabinetry, announced, in collaboration with the State of Pennsylvania, a plan to expand its Mount Union facility in Huntingdon County, Pennsylvania.
Ziegler Group Starts Wood Fiber Insulation Board Production
GERMANY – A complete wood fiber insulation board (WFIB) plant provided by Dieffenbacher for Bavarian Ziegler Group’s Grafenwöhr site is up and running less than one year after construction began.
Vietnam to Impose Temporary Anti-Dumping duty on Chinese Furniture
VIETNAM – The Vietnam Ministry of Industry and Trade informed that it will this month impose temporary anti-dumping duty on some furniture products originating from China.
Configura and imos Announced Strategic Partnership
Current
WBPI’s Beyond Covid virtual conference changes date to May 11
UK – Wood Based Panels International’s (WBPI) virtual half-day conference event – Beyond Covid-19: The global wood-based panels industry adapting for the future – will be taking place on May 11.
Brazilian consumption of wood panels up 23.8% in 4Q-2020
BRAZIL – According to IBÁ (Brazilian Tree Industry), in the fourth quarter of 2020 (4Q-2020) the consumption of wooden panels (PB/MDP, MDF/HDF and Hardboard) in Brazil reached 2.12 million m3, an improvement of 23.8 percent compared to the 1.71 million m3 reached in 4Q-2019.
Great Plains MDF project moves forward
CANADA – Great Plains MDF announced it has selected a site for its greenfield wheat-straw based MDF plant, has added two industry veterans to its team, and has formed an alliance with a construction firm.
The 15th edition of FITECMA is postponed to 2022
ARGENTINA – After a detailed analysis of the situation derived from the COVID-19 pandemic and its impact on the health of the population, as well as on the country’s economic activity, the Organizing Committee of FITECMA – International Wood & Technology Fair, decided to postpone to 2022 the fifteenth edition of the exhibition that was scheduled from July 14 to 17 at the Costa Salguero Center of the City of Buenos Aires.
4Q-2020 figures show improvement of Italian wood and furniture technology industry
ITALY – The fourth quarter 2020 brought some optimism to an economic trend that has been really complicated due to the global sanitary emergency.
Vietnam Wood and wood product exports in 2020
VIETNAM – In 2020, according to information by ITTO, in spite of the pandemic, exports of wood and wood products amounted to USD 12.371 billion, a year-on-year growth of 16%.
Spanish furniture exports down 10% in 2020
SPAIN – The National Association of Furniture Industry and Exporters of Spain (ANIEME) recently presented the report on the results of foreign trade in the Spanish furniture sector for the year 2020.