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June 22, 2020

Italian woodworking machinery hard hit by COVID-19

According to the analysis of data collected by the Studies Office of Acimall, the Confindustria-member association representing the Italian wood-furniture technology industry, findings that confirmed an immediate impact of the lockdown caused by the Covid19 pandemic is unsurprising.  The first quarter 2020 closed with a widespread reduction of woodworking machinery and tool orders, a two-digit decrease that involved all global markets, though with some delay.  The quarterly survey – which involves a representative sample of the entire industry – has revealed a strong reduction of orders, by 21.1 percent compared to the same period ...

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