The German Engineering Federation (VDMA), headquartered in Frankfurt, twice scaled back its production forecast for the German machinery and plant construction sector as a whole during the first half of 2022 and now only expects a slight increase of 1% in 2022. By contrast, the VDMA Woodworking Machinery Association...
VDMA trade association sticking to 2022 forecast
Enough orders to keep plants busy into the second half of 2023
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