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.

Uniboard Launches Digital Design Program For TFL

Designers and architects can now view patterns, colors and textures in a high-resolution digital format with Uniboard’s new Design 360, a 3D design program for the company’s decorative composite wood panel (TFL) collection. The Design…

WoodWorks Leads Successful Blast Testing Of CLT Structures

WoodWorks, in cooperation with the USDA Forest Service Forest Products Lab and Softwood Lumber Board, conducted a second series of blast tests on three existing two-story, single-bay cross-laminated timber (CLT) structures at Tyndall Air Force…

KCMA Could Defend EPA In Formaldehyde Lawsuit

The Kitchen Cabinet Makers Association (KCMA) may come to the defense of the Environmental Protection Agency (EPA) after various non-profit organizations throughout Louisiana announced they would sue the EPA for stalling its formaldehyde rule enforcement.…

« Older Entries

Next Entries »

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1589916740199-0'); });

Find Us On Social

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548376916922-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548376961890-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548377005333-0'); });

Newsletter

The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.

Subscribe Now

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.

Complete the form

Advertise

Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!

Contact Us