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Furniture & Wood Products News

Flooring company takes over linoleum activities

13th April 2018 Production and distribution of flooring, wallcovering and finishes global leader Gerflor entered into a binding agreement to acquire floor coverings manufacturer DLW Flooring’s linoleum activities. Consummation of the transaction is subject to customary regulatory approvals and was expected to... 

Changing of the guard on eve of golden anniversary

13th April 2018 Interior flooring supplier and installer KBAC Flooring will celebrate the fiftieth anniversary of operations next year with three new key executive appointments. Brandon Park has been appointed KBAC’s new CEO, Ashleigh Keefer as its new CFO, and Etienne Louw as the new MD. 

Changing of the guard on eve of golden anniversary
FLOORED Now on the cusp of its 50th anniversary, KBAC Flooring has supplied and installed flooring for thousands of residential premises in South Africa and beyond its borders

Company bolsters international presence

13th April 2018 Surfaces design and architecture producer and distributer Cosentino Group is continuing to push ahead with the international expansion of its own assets with the opening of the first Cosentino Centre in South Africa, the company noted in an announcement on February 7. In the floor coverings... 

Company bolsters  international presence
SOUTH AFRICAN PIONEER The new Cosentino Centre in Johannesburg is the first to be officially opened in the country and in all of Africa

Manufacturer continues to grow in power tools market

6th April 2018 Power tools manufacturer Bosch’s Power Tools division recorded a ‎€4.7-billion turnover last year, which was higher than the year before. This growth corresponds to 5% in local currency and 4% yearly. Bosch is continually expanding its range of cordless tools, which are becoming increasingly... 

Manufacturer continues to grow in power tools market
Photo by Creamer Media
POWER TOOLS The market has shown continual growth internationally

KAP gears up for growth, announces solid interim results

By: Schalk Burger     23rd February 2018 Diversified industrial group KAP Industrial Holdings has raised R2-billion through the issuance of three- to five-year bond tenures to fund its future growth, the firm stated in its six-month interim results for the period ended December 31. Its revenue from continuing operations increased by 29%... 

KAP gears up for growth, announces solid interim results

By: Schalk Burger     12th February 2018 Diversified industrial group KAP Industrial Holdings has raised R2-billion through the issuance of three- to five-year bond tenures to fund its future growth, the firm stated in its six-month interim results for the period ended December 31. The group on Monday reported that its revenue from... 

Showcase of SA's manufacturing prowess to debut in 2019

By: Dylan Slater     2nd February 2018 To showcase the best South Africa has to offer in terms of local manufacturing and South African-produced capital equipment, capital equipment manufactures lobby group the South African Capital Equipment Exporters Council (Saceec) has partnered with exhibition organisers Specialised Exhibitions... 

Small businesses remain optimistic, despite volatility and uncertainties

By: Mia Breytenbach     29th September 2017 Despite economic volatility, South African small business owners remain optimistic and are actively pursuing growth, according to research from cloud based accounting software company Xero.   The research report, titled ‘State of South African Small Businesses’ surveys the challenges facing the... 

Small businesses remain optimistic,  despite volatility and uncertainties
Photo by Bloomberg
HELPING HAND Some small business owners want the government to provide more funding and some believe government should grant tax breaks for their business

Pretoria to host forestry industrialisation conference next month

By: Schalk Burger     29th September 2017 The Forestry Industrialisation Conference, to be hosted by State-owned forestry company Safcol on Oct 4 and 5, will highlight the potential of industrial and commercial forestry and wood products to support economic growth. Safcol chairman Lungile Mabece highlights the decline of commercial... 

Hotel group moves to integrate bamboo products into facilities

By: Ilan Solomons     25th August 2017 Bamboo producer and products supplier EcoPlanet Bamboo and hotel group Mantis Collection have signed a memorandum of understanding which could have “far-reaching benefits for the environment and the global movement towards sustainable tourism”, says EcoPlanet Bamboo CEO and co-founder Troy... 

Hotel group moves to integrate bamboo products into facilities
Photo by EcoPlanet Bamboo
AIR QUALITY IMPROVER EcoPlanet Bamboo will initially supply Mantis with for use across the group’s hotel rooms to improve the quality of indoor air

KAP advances acquisition strategy; reports good FY17 results

By: Schalk Burger     14th August 2017 Diversified industrial group KAP Industrial Holdings’ acquisition of high-density polyethylene and polypropylene manufacturer Safripol, logistics firm Lucerne Transport and a 51.4% interest in logistics firm Xinergistix during the 2017 financial year, provides the company with further... 

Arteor Exclusive developed for global projects

21st July 2017 Global electrical and digital building infrastructures specialist Legrand’s range of Arteor wiring devices now encompasses the new ‘Arteor Exclusive’ portfolio, which has been developed for projects globally. Legrand highlights that these demand more than standard electrical fittings. The range... 

Arteor Exclusive developed for global projects
IMPRINTED Legrand’s Tattoo collection, with intricate patterns, is the inspiration of urban culture

New tube-bending machine launched at MTA 2017 

By: Mia Breytenbach     26th May 2017 In collaboration with international tube-bending technology specialist BLM Group, cutting consumable and capital equipment supplier First Cut launched the latest version of the E-TURN32 tube-bending machine at trade exhibition Machine Tools Africa 2017, held in Johannesburg, earlier this month.... 

New tube-bending machine launched at MTA 2017
The E-TURN32 as it is a fully electric, computer numerically controlled machine, with all axes using Siemens drive technology and servo-motors. It can bend in 15 axes movements, roll and punch different sizes of tube up to 50.8 mm in diameter, and in any material, such as ferrous, non-ferrous and specialty metals, except plastic

Amended Forest Sector Code gazetted

By: Natasha Odendaal     2nd May 2017 Trade and Industry Minister Dr Rob Davies has approved the amended Forest Sector Code outlining transformation guidelines aligned to the Amended Codes of Good Practice for the forestry sector. “The forestry sector is one of the sectors that can stimulate and accelerate rural development, because... 

Lithuania seeking trade partnership with South Africa

By: Keith Campbell     4th November 2016 The first ever trade mission to South Africa from Lithuania, although small, represented no fewer than six sectors of the latter country’s economy. The just-concluded mission is part of the small European country’s programme of diversifying its trade and investment partners and expanding into the... 

Lithuania seeks to expand business with South Africa through trade mission 

By: Keith Campbell     26th October 2016 The first ever trade mission to South Africa from Lithuania will arrive in the country on November 1. This is part of the European country’s programme of diversifying its trade and investment partners and expanding into the global economy. The trade mission will remain in the country until... 

KAP posts robust interim results, moots Africa expansion and acquisitions

By: Schalk Burger     18th March 2016 Diversified industrial group KAP posted robust interim results for the half-year to 31 December 2015, during which the company improved its margins, and faced down the constraining macroeconomic conditions. The company increased revenue by 3%, operating profit by 11% and headline earnings a share... 

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