Germany’s sawmills and timber merchants need the construction market to recover, but some are running out of time to wait. Weak orders have persisted long enough to force decisions that another round of cost cuts cannot resolve: seek court protection, find a buyer or close. What began as a difficult period for lumber sales is leaving lasting changes in the industry, with similar decisions now facing furniture makers, flooring producers and machinery suppliers.
Insolvency wave spreads through Germany’s sawmills and wood industry
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