Headlines
Ravensberger Holz and Homag Achieve Significant Automation Advancement
GERMANY – Ravensberger Holz GmbH in Bielefeld, Germany, has achieved a significant milestone with the installation of a CNC drilling and routing center featuring robotic handling, marking a major advance in automation and digitalization in the wooden panel processing industry.
Ingka Group Advances Ambitious Climate Goals
NETHERLANDS – Ingka Group, the largest IKEA retailer, has strengthened its climate targets for reducing greenhouse gas (GHG) emissions, which have been validated and approved by the Science Based Targets initiative (SBTi).
Metsä Group and Andritz Start Pioneering CO2 Capture Research
FINLAND – Metsä Group is collaborating with the technology company Andritz to explore integrating carbon capture into its bioproduct mill, potentially pioneering a global first.
Innovative Workplace Solutions Unveiled by Hettich
GERMANY – At the recent architect@work trade fair in Munich on June 5th and 6th, Hettich, a global leading fittings manufacturer, unveiled its latest innovation: “RoomSpin,”.
Schattdecor Present at ForMobile 2024
BRAZIL – After two years since its last presentation at ForMóbile, which highlighted the transformation of environments in the post-pandemic era, Schattdecor, a global leader in the decorative paper printing industry, is ready to participate in the 2024 edition.
Alvaro Gonzalez Named Garnica CEO
SPAIN – Garnica, a leading manufacturer of premium sustainable plywood, has appointed Álvaro Gonzalez as the new CEO, effective May 13.
Wilsonart Highlights Nonflammable Adhesive Solutions Following EPA Chemical Ban
The Home Depot Sales Down 2.3% in 1Q-2024
USA – The Home Depot, the world’s largest home improvement retailer, recently reported sales of USD 36.4 billion for the first quarter of fiscal 2024 (1Q-2024).
Strong Booking Status for LIGNA’s 2025 Edition
GERMANY – At the end of May 2024, Deutsche Messe AG and the VDMA Woodworking Machinery Association reported excellent booking status for LIGNA 2025.
Wayfair Reports Results for 1Q-2024
USA – Wayfair Inc, one of the world’s largest online home furniture retailers, disclosed its first-quarter financial results for 2024 (1Q-2024), revealing mixed outcomes with a slight revenue decline and a significant net loss.
Pfleiderer Drives Sustainability Through ReSource Initiative
GERMANY – Pfleiderer prioritizes quality and sustainability, recycling wood efficiently to maximize its potential.
The German Woodworking Machinery Sector is Experiencing a Sharp Downturn
GERMANY – The German woodworking machinery industry faces a significant slowdown in production and exports after a record year in 2023.
Current
Siempelkamp Subsidiary Pallmann acquires Febs SK
GERMANY – Pallmann, a subsidiary of Siempelkamp based in Zweibrücken, Germany, has acquired Febs SK s.r.o., a Slovakian company located in Mytne Ludany.
LIGNA celebrates its 50th Anniversary
GERMANY – The woodworking community is gearing up to celebrate a significant milestone: Ligna’s 50th anniversary in 2025.
Dieffenbacher with Dual Booths at IFAT 2024 Trade Fair
GERMANY – Companies interested in recycling solutions and sustainable energy generation will want to visit with Dieffenbacher at two separate booths during this year’s IFAT trade fair, May 13-17, in Munich.
Spanish Furniture Exports Up 3% in 2023
SPAIN – In 2023, Spanish furniture exports experienced a 3% growth, surpassing the figure of USD 3.041 billion euros, according to data provided by Estacom for the period from January to December.
Chilean Particleboard Exports Exceed USD 100 million in 2023
CHILE – The value of Chilean exports of particleboard (PB / MDP) reached USD 100.39 million in 2023, reflecting a significant increase of 28.4% compared to 2022 (USD 78.18 million).
European Panel Federation Signs the Antwerp Declaration for a European Industrial Deal
BELGICA – The European Panel Federation (EPF) has endorsed the Antwerp Declaration for a European Industrial Deal, joining 72 leading companies and 34 industry associations representing over 7.8 million jobs. They advocate for placing the Industrial Deal at the core of the new European Strategic Agenda for 2024-2029.
German Furniture Industry Sales will Fall by 4.3% in 2023
GERMANY – Sales in the German furniture industry are forecasted to decline by 4.3 percent in 2023, reaching approximately EUR 18 billion, as per official data.
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