Wood-based Panels

Södra announces the closure of parquet flooring plant in Sweden

Södra is initiating a process to close down Berg & Berg in Kallinge, Sweden. Trade union negotiations will begin [...]

IKEA speeds up its transition as to meet unprecedented change of global retail trade

The Ingka Group (Ingka Holding BV and controlled entities) is speeding up its transformation plans. The company plans to invest [...]

Egger begins construction for its first particleboard plant in the US

    Austrian wood-based panel manufacturer Egger has started construction on its first U.S. particleboard manufacturing [...]

Germany’s parquet market sees increasing demand from China

    During the first three quarters of 2018, the sales of German parquet fell by 5% year [...]

Lumber prices in the US keep on going up through November

US softwood lumber traders absorbed a heavy news week that sent mixed signals to an uncertain marketplace. However, chief among [...]

Georgia-Pacific announced the closure of its Warm Springs plywood facility

Georgia-Pacific announced plans to close its Warm Springs plywood production facility, resulting in the loss of about 300 jobs [...]

Outlook of the Chinese furniture industry

The furniture industry in China is a traditional industry and it has developed rapidly over the past 30 years. Large [...]

Armstrong sells its Wood Flooring segment for US$ 100 million

    Armstrong Flooring, Inc. has entered into a definitive agreement to sell its Wood Flooring segment to [...]

Woodworking machinery industry in Italy drops its foreign sales in Q3/2018

    For the Italian woodworking machinery sector, the July-September period reaffirmed the current industry trend, characterized [...]

Lowe’s to close 51 stores in North America

Lowe’s Companies, Inc. announced the wind-down of certain underperforming store locations as part of its ongoing strategic reassessment [...]