Your weekly news update
The woodworking industry continues to expand and evolve, ushering in new opportunities and promising developments. As upcoming events bring fresh optimism, companies within the sector are experiencing a resurgence, marked by strategic expansions, the launch of innovative products, and the formation of promising partnerships. In this newsletter, Wood & Panel highlights some of the most exciting updates and key happenings in the industry. Dive in to discover more.
LIGNA has exciting news for its exhibitors! Beginning mid-November, they’re introducing a series of exhibitor-focused webinars to help the exhibitors prepare for LIGNA25. Available in both English and German, these sessions are tailored to assist exhibitors in planning and maximising their experience. Read on.
IMA Schelling Group is advancing its growth trajectory with the opening of a new subsidiary in Bangalore, India. Initially launched in early May, the facility celebrated its grand opening in October. IMA Schelling is partnering closely with its long-standing sales partner, Nitshaw. Read on.
After experiencing a sharp decline in 2023, the HOMAG Group saw a slight increase in order intake during the first nine months of 2024, while sales and earnings declined as anticipated. The HOMAG Group’s order intake increased slightly by six percent to EUR 1,031 million (previous year: EUR 968 million) between January and September 2024. Read on.
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GEW has expanded its global distributor network by appointing Industry General Trading (IGT), based in Tunis, as its exclusive distributor for Tunisia and Algeria. IGT will now provide GEW equipment, services, and spare parts throughout both regions. Read on.
Hoover Treated Wood Products, one of the global leader in Fire-Retardant Treated Wood (FRTW), has strengthened its longstanding partnership with Boise Cascade, a top manufacturer and distributor of building materials. Read on.
The U.S. Department of Agriculture’s Forest Service has announced up to $34 million in funding aimed at fostering innovation, supporting job creation, and promoting sustainable practices in the forestry sector. Read on.
Woodpeckers has unveiled its latest innovation for woodworkers—the Woodpeckers Router Plane, a hand tool designed for precision adjustments in joinery and refined to appeal to both seasoned hand-tool enthusiasts and beginners. Read on.