According to preliminary information, the Belgian furniture industry experienced a minimal decline of 0.4% in turnover to €1.262bn in the first half vis à vis the comparative period of the preceding year. Growth of +1.6% in the first quarter thus contrasted with a minus figure of 2.3% in the second quarter. In the first half of 2017 it was not possible for the Belgian furniture industry, according to Fedustria to pursue the positive development over the entire period of 2016 when an increase of +3.6% had been achieved.
With the exception of office and shop furniture, the association records declines in turnover for all subdivisions. The most serious decline in the first half year was -4.4% experienced by manufacturers of kitchen furniture. In the area of living room furniture, which includes chairs, seating furniture, living room, dining room and bedroom furniture as well as garden and patio furniture, turnover declined by 1.8%. Turnover with mattresses and beds was 1.5% down on last year’s figure. In the category of office and shop furniture, by contrast, an increase of 6.4% was achieved. This category had already achieved the highest growth rates over the entire period of 2016 (+7.1%) and in the first quarter of 2017 (+8.6%).Read more...
In 2016 British sawmills produced a total of 3.624m m³ softwood lumber. By comparison with the preceding year, in which production of home-grown timber amounted to 3.449m m³, this corresponds to an increase of five percent, reports from EUWID.
According to the latest Forestry Statistics published by Forestry Commission production in Scotland also increased by 5 percent to 1.871m m³. In England and Northern Ireland production volumes increased at a similar rate to 1.093m m³ and 294,000m³ respectively. Production increased most significantly in Wales by 13 percent to 366,000m³.
This increase in 2016 only partially compensated the decline of 7 percent recorded in 2015 by comparison with 2014. In 2014 British sawmills produced 3.716m m³ softwood lumber and thus reached the highest production volume ever recorded by the Forestry Commission.Read more...
Egypt’s furniture exports declined 10 percent between January and September 2017 to $244.2 million, compared with $272 million in the same period last year, according to the Egyptian Furniture Export Council’s (EFEC) monthly report.
The report shows that January 2017’s furniture exports have increased by 35 percent to $34.5 million, compared with $25.5 million in January 2016.
However, exports declined in February by 10 percent to $26.9 million, compared to $30 million in the same month last year. March’s and April’s exports have also declined by seven percent and three percent respectively.
The decline trend continued through May before exports picked up again in July, increasing by 13 percent to $23.5 million, compared to $20.7 million in the year-ago period.
Exports then slumped again in August and September, according to the report.
Egypt’s trade balance deficit dropped $12.23 billion (37 percent) in the first eight months of 2017 to $20.1 billion, compared with $32.4 billion in the same period in 2016.Read more...
According to ITTO, the European ‘real-wood’ flooring industry continues to experience moderate growth, benefiting from encouraging economic developments, especially in construction activity.
Compared to the same period last year, provisional results for the first half of 2017 point to a continuation of the positive parquet consumption trends observed in 2016 and during the first quarter of 2017.
These are the main conclusions of the market discussion of the Board of Directors of the European Federation of the Parquet Industry (FEP) when they met in September 2017.
The promising developments reported by FEP members were registered in all countries where FEP members are present, with no single country reporting a decline in consumption.Read more...
Former Darbo plant will be moved to GornoSahrane as a replacement investment
In March 2017, the Turkish wood-based materials manufacturer KastamonuEntegre purchased a particleboard plant from the insolvent estate of the French company Darbo. The plant will be relocated to the Kastamonu site in GornoSahrane, where it will replace a multi-daylight plant that is more than 30 years old.
Dieffenbacher will undertake the relocation of the plant, consisting of forming station, forming line, pre-press and a 42.4m long CPS. The contract also includes a modernization and optimization package as well as a completely new plant control system.
The plant was commissioned in 1996 and received a press extension in 2000. Its production of about 580,000 m³ of particleboard per year will significantly expand Kastamonu’s production capacity in Bulgaria and strengthen its presence in the Eastern European market.
The plant in France has already been dismantled. Re-commissioning at the new site is scheduled for the beginning of 2019.
With the plant in GornoSahrane, KastamonuEntegre now operates a total of four plants with continuous presses from Dieffenbacher.Read more...
Wood-Mizer’s sawmill range has continually expanded over the decades, but Wood-Mizer’s new LX450 sawmill offers a completely redesigned sawmill that has never been available from the company before. The release of the LX450makes Wood-Mizer the first and only sawmill manufacturer to givesawyersthe option between a monorail or twin-rail sawmillin order to accommodatevarioussawing applications and preferences.
Featuring many of the same benefits of the world renowned Wood-Mizer LT sawmill series, the new LX450 sawmill expandsthe available cutting width capacity on a professional Wood-Mizer sawmill to 86 cm, and expands the depth of cut to 41 cm.
“Wood-Mizer has long been the only sawmill manufacturer of the monorail cantilever design, holding several patents on this technology andtrusted by 70,000 sawmillers throughout the world,” said Robert Baginski, COO of Wood-Mizer Industries in Europe. “Every sawyer has different needs and preferences which led to the addition of the LX sawmill series.You can now own an LT series monorail orLX series twin-rail sawmill and receive the best support in the industry enjoyed by Wood-Mizer sawmill owners throughout the past 35 years.”
A key innovation of the Wood-Mizer LX450 sawmill is the rigid LX Frame sawhead tower that holds the control panel, engine, and the sawmill head. Designed to accommodate a larger width and depth of cut, the LX Frame travels on parallel hardened steel bars on the bed and allows the operator to have better visibility during the cutting process.
Standard features for the LX450 sawmill include power feed, power up/down,hydraulic log handlingwith a bi-directional chain log turner, a walk along operator control console withSimpleSet Setworks, six heavy-dutyfine adjustment outriggers, dragback board return, powered blade guide arm, hydraulic blade tensioning system, blade lubrication, roller blade guides, and anauto-clutch. Optional featuresinclude Debarker, AccuSet® 2 Setworks, and a fixed operator Command Control station located at the end of the sawmill.
The Wood-Mizer LX450 Twin-Rail Sawmill is debuting in Europe at LIGNA 2017 in Hanover, Germany. It will be available in Summer 2017.
LX450 Sawmill Specifications
•Power Options - 11, 15 18.5 kW electric motors
•92 cm diameter x 6.4 m length
•86 cm width of cut and 41 cm depth of cut
Wood-Mizer offers an extensive line of narrowband portable and industrial sawmills, wideband sawmilling equipment, resaws, edgers, bandsaw blades and more for timber processingbusinessesworldwide. For nearly 35 years, Wood-Mizer has provided top quality wood processing equipment and exceptional customer service for people who needto saw their own timber – while reducing costs and waste. For more information, visit www.woodmizer-europe.com.Read more...
Avedon Capital Partners (`Avedon´), an experienced growth capital investor, passionate about supporting market-leading Mittelstand companies and their outstanding management teams in realising their ambitious growth plans and strategic visions, acquires a majority stake inWilhelm Altendorf GmbH & Co. KG (`Altendorf Group´), the globally leading manufacturer of saws for craft processing of wood, metal and plastics located in Minden, Germany. Common objective is to extend the group´s premium position for machines and services in wood, metal and plastics processing with innovative products and technologies to sustainably capture new customer segments and markets through organic growth and byrealizingexternal growth potential.
In the course of this succession solution with Avedon entering as new majority shareholder, the existing managing directors Joerg F. Mayer (43) and Wolfgang Ruhnau (48) acquired a minority stake in the company. As shareholders and managing directors they stand strongly for continuity in the management of the company and for embarking on a dynamic future for Altendorf. The Altendorf family, recently active in the third and fourth generation as shareholders and in the management respectively advisory board of Altendorf, appreciates the solid and sustainable setup of the group with its excellent and experienced management team and with Avedon as proven partner for the German Mittelstand, and retires from its corporate engagement. The transaction successfully closed on October 6, 2017. TheParties agreed not to disclose the purchase price or any further details to the transaction.
Inventor of the sliding table saw on expansion course
Altendorf Group, headquartered in Minden, looks back at a 110 year history and enjoys global brand awareness. The group’s most important product is the sliding table saw, developed by Wilhelm Altendorf in 1906. The model F45, also called `The Altendorf´ is perceived around the world as synonym for brand and product. The company employs more than 250 people and has sustained continuous growth in the past years. In 2016 Altendorf Group generated revenues of 40m EUR. As driver of innovation, Altendorf Group takes a leading role in the wood-working handicraft sector and has a strong position for further national and international growth.
Together with the existing management team, Avedon intends to further diversify the company and to continue developing new customer segments with the brand of Altendorf. In the spirit of Altendorf as a premium brand, in particular the areas of R&D, sales and services will be further strengthened and sustainably expanded. Additional double-digit-million investments aim to further expand the product portfolio with special focus on digitalisation. In executing this strategy, the site in Minden will take an important role as the centre of global growth and of experienced employees in all organisational areas. Further investments into the organisation should ensure Altendorf Group’s position as leading innovator within the sector in future. Add-on acquisitions support in realizing the joint objective.
Joerg F. Mayer und Wolfgang Ruhnau will continue as the company’s management team. Both have been active in different positions within Altendorf Group for more than 15 years and were appointed Managing Directors at the beginning of 2015. In their respective functions they have decisively shaped Altendorf Group’s development over the last years. In the future they will also overlook the responsibilities previously held by the selling shareholder Tom Altendorf. In addition, Dr. Ralf Koester, a well-proven entrepreneur with many years’ experience in working with financial investors, will take over the role as Chairman of the advisory board from Wilfried Altendorf. Dr. Koester possesses long-standing experience in the mechanical engineering industry, particularly in the wood processing and the furniture segments. He is rooted in the region and familiar with Altendorf Group due to his activities in its advisory board for several years.
Joerg F. Mayer, Managing Director of Altendorf Group says: „Together with the founder family around Wilfried and Tom Altendorf, we fortified Altendorf Group’s positioning as global leader in the development and manufacturing of saws for craft processing of wood, metal and plastics and generated sustainable, profitable growth. From this position of strength we now have the opportunity to build a globally leading company within its sector.”
Wolfgang Ruhnau, Managing Director of Altendorf Group adds: “With Avedon, we found a partner, who possesses a deep understanding of the mechanical engineering sector and successfully supported numerous family-owned companies with the execution of their strategic plans and unlocking of international growth potential. We look forward to continuing together with Avedon on our growth path and sustainably position the company for the future.”
Commenting on the transaction, Hannes Hinteregger, Partner at Avedon, says: „Altendorf is not only a strong and healthy company, but a real Mittelstands champion with strong growth potential, organically and externally. With its highly engaged and loyal people, its excellent management team and with its worldwide renowned products, the Altendorf group is setting the pace in the handicraft sector globally. We are proud to support management and company to realize the future growth plans.“
Tom Altendorf, previously managing director and fourth generation family member, points out: „The Altendorf family considers it their entrepreneurial responsibility to see the family success story being continued for the benefit of coming generations of employees and customers. On the strengths of its excellent management teamjoining forces with an experienced growth investor the company holds a strong and lasting foundation to further accelerate its dynamic growth path. Altendorf is now placed in a position to successfully grow and develop pursuant to the legacy of its founding family. We truly wish the new shareholder and all employees a prosperous future and we remain in ties of close friendship with the company carrying our name as well as with all employees of Altendorf.“Read more...
Global Wood-Flooring Adhesives Market Research Report 2017 to 2022 presents an in-depth assessment of the Wood-Flooring Adhesives including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Wood-Flooring Adhesives investments from 2017 till 2022, according to Techno pow.com.
This study answers several questions for stakeholders, primarily which market segments they should focus upon during the next five years to prioritize their efforts and investments.
Primary sources are mainly industry experts from core and related industries, and suppliers, manufacturers, distributors, service providers, and organizations related to all segments of the industry’s supply chain. The bottom-up approach was used to estimate the global market size of Wood-Flooring Adhesives based on end-use industry and region, in terms of value.Read more...
Government forest managers and their political bosses finally appear to recognize that more effective management of public forests is needed to help prevent future wildfires and reduce their severity, reports from Capital Press.
Beyond timber management, however, are innovations that promise new uses for timber in construction.
Another building planned for Portland will be 12 stories tall and constructed of cross-laminated timber, called CLT. It will dwarf the seven-story building in Minneapolis, Minn., that is currently the tallest mass timber structure in the nation.
To explore the uses and design possibilities of mass timber, the University of Oregon architecture program is combining efforts with Oregon State University’s forestry and engineering programs to create the Tallwood Design Institute.
In other words, wood construction is strong again. Once relegated to home construction and one- or two-story projects, lumber was seen as an excellent material for relatively small structures.Read more...
According to ITTO, it reports that tropical log imports in the first half of 2017 totalled 4.43 million cubic metres, down 7 percent year on year and accounted for 17 percent of the national total. The value of tropical log imports in the first half of 2017 was US$1.278 billion reflecting a 2.3 percent decline.
Before its log export ban Myanmar was a major source of tropical logs for China. However, China’s log imports from Myanmar in the first half of 2017 fell 14 percent to just 8,600 cubic metres valued at US$11.36 million, down 19 percent in value.Read more...