Swiss Krono Group appointed Steve Carroll as its COO and Technical Director for U.S. operations at Barnwell, SC. Carroll comes to Swiss Krono from Arauco North America where he most recently served as director of the Grayling, Mich. operations. He brings to Swiss Krono more than 30 years of experience in…
Siempelkamp Restructures
Siempelkamp Restructures
G. Siempelkamp GmbH & Co. KG announced a restructuring program intended to help strengthen the company’s competitiveness in a difficult global market environment caused by the challenges that have arisen from the current pandemic and its effects on the world economy.
“We expect a lower order volume in the U.S. and Europe in the current fiscal year. In addition, our core markets have shifted towards the Asian market in the past and coming years,” explains Dr. Martin Stark, Siempelkamp CEO. “Due to the current global development in the context of the Corona pandemic we do not see a quick recovery.”
The restructuring program focuses on organizational and process optimization as well as sales and digitalization efforts and a strengthening of the production network. In addition, there will be some changes to the personnel structure at Siempelkamp’s Krefeld, Germany location, including cutting approximately 260 jobs. Siempelkamp’s goal is to implement the job consolidation as socially acceptable as possible while working through constructive dialogue with the Works Council.
RELATED ARTICLES
STARWOOD ORDERS THIN-BOARD PLANT
XIANGSHENG ORDERS PARTICLEBOARD LINE
CALPLANT I NEARS THE FINISH (OR STARTING) LINE
DONGWHA ADDRESSES CHALLENGING FIBER
Latest News
Carroll Is COO At Swiss Krono
CPA, APA Leaders Size Up Situation
Leadership from two of the major primary panel production associations provided 2022 year-end reports, while also looking ahead to 2023 and both pointed to economic issues moving forward. “This year (2022) was more ‘back to normal,’ as the COVID pandemic was mostly in the rearview mirror. There were…
Tribal Focus On Several Acres Of Public Wetlands Dooms Huber OSB Project In Minnesota
“Once again, the state of Minnesota is giving the finger to good companies trying to create jobs here. Huber has been a phenomenal community partner everywhere they have…
Find Us On Social
Newsletter
The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
Subscribe/Renew
Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!

Article by Rich Donnell, Editor-in-Chief,