This strategic shift will streamline development and production across three key areas: floors, furniture, and veneers – with veneer as the central component in both flooring and furniture.
Flooring
Lumber, plywood, and paper products among targeted items.
The addition of Eva-Last’s innovative decking products to their portfolio will enable Taiga to meet the growing demand for sustainable, low-maintenance decking solutions in these regions.
AHF Products announced the departure of Brian Carson, President and CEO.
Net sales for the year ended December 31, 2024 were $10.8 billion, a decrease of 2.7% as reported and 3.3% on an adjusted basis versus the prior year.
These settlements conclude the legal proceedings initiated by Välinge Innovation in the Canadian Federal Court on May 15, 2024, in which it was alleged the Triforest companies and Vancouver Mouldings & Floors infringed several claims of two Canadian patents within Välinge’s extensive patent portfolio.
Bjelin Group AB will acquire all shares in Välinge’s industrial business, which will be merged with Bjelin Industries. The acquisition is expected to be completed during the Q1 2025.
Adina Caldararu will drive i4F’s commercial as well as demand creation strategy in Europe from the company’s headquarters in Turnhout, Belgium.
The termination follows the manufacturers’ incomplete or inadequate reporting and/or payments, failure to cooperate during compliance audits and/or their refusal to address audit findings.