(23 April 2009)

German manufacturers of wood processing machinery have witnessed a substantial downturn in order intake in recent months. A number of companies said that ordering had plunged to an unexpectedly strong degree in the final quarter of last year after remaining largely satisfactory until the autumn of 2008. This downturn had intensified during the course of the first few months of this year, too. The wood processing machinery sector had fared much worse than the machinery construction industry as a whole.

via EUWID: Machine builders have faced a sharp drop in order intake since end of 2008.

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