Woodworking machinery production poised to grow by 3% this year

Production value and exports both down by around 15% in 2020

The German Woodworking Machinery Manufacturers’ Association within the German Engineering Federation (VDMA), based in Frankfurt, expects this year to bring a reversal in fortunes. This comes after production and exports dropped in 2020, mainly because of the Covid-19 pandemic. According to a forecast provided on 12 ...

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