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Woodworking Industry News

Bestar and U.S. subsidiaries get temporary U.S. bankruptcy protection

WILMINGTON, Del. — A Delaware bankruptcy judge has granted provisional protection to the U.S. assets of Bestar and other sister companies facing liquidation. The shield prevents creditors from seizing the company's U.S.-based inventory or facilities while it navigates insolvency proceedings in Canada and seeks formal U.S. recognition of its bankruptcy, according to a report from Law360.

Woodworking Industry News

Acimall reports a stable market in 2025

According to the data published by Acimall, the association of Italian manufacturers of woodworking machinery, the industry closed 2025 with a total production value of 2.398 billion euros ($2.819 billion), recording a minor reduction of 1 percent compared to the previous year.