The WEINIG Group, one of the leading technology providers in the woodworking industry, is investing 15 million euros in its Panel Processing division to promote its subsidiary HOLZ-HER.

Holmen’s strategy to grow the wood products business and contribute to the green transition will increase the production at Iggesund Sawmill by 20 per cent as the company invests SEK 400 million for the sawmill. “We grow houses. To develop …

The Hettich group of companies, one of the world’s largest manufacturers of furniture fittings with headquarters in Kirchlengern, generated sales of € 1.1 billion in 2019. This represents an increase of 3.2 percent over 2018.   72 per cent of …

Henkel participates in the latest funding round of Fero Labs, a US-based start-up aiming to optimize industrial processes by using explainable machine learning. The investment is led by the company’s HenkelX Ventures unit, together with DIVC, a Munich-based B2B Tech …

Chilean company inaugurates first factory of prefabricated houses and wooden buildings with a sales projection of US$ 25 million.   The Chilean company E2E is a joint venture between Arauco and the Belgian company Etex. Its factory, which has been …

Wood products company Setra is investing in a new trim saw with integrated planing machine at its mill in Hasselfors. The investment is expected to deliver major efficiency gains and help to strengthen Setra’s position in the global construction market. …

In July of this year, the vacuum specialist Schmalz christened the new headquarters of its USA branch in Raleigh, North Carolina, an investment of around USD 6.5 million.   At the official opening ceremony, the managing directors of J. Schmalz …

The innovative HotCoating technology from KLEIBERIT has scored another success in the international market for the surface finishing of wood based panels.   Pfleiderer, a leading European manufacturer of wood based panels, is focusing completely on the KLEIBERIT HotCoating® technology …

Biesse Group continues to focus on the Russian market, indicating the company’s belief in the high potential of the region. Against this backdrop of renewed confidence, the new General Director of the Moscow subsidiary has recently been presented.   Matteo …