Germany-based pallet manufacturer cites global uncertainty and elevated raw material and energy costs.
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Price for wooden pallets imported to China decreased 8%.
Deal marks second pallet market entry since 2022 as company expands industrial wood products reach.
Wood processing, furniture manufacturing and construction-linked non-metal mineral products record profit declines even as industrial profits and margins increase.
Imports of wooden pallets to China downed 3%.
The deal covers pallet operations in Pennsylvania and Virginia, while the Dilwyn, Va., sawmill stays with Kamps.
The deal will add a Waseca, Minnesota pallet plant and 75 employees.
Price for wooden pallets exported from China expanded 6%.
Lithuanian facility receives Euro 24 million national loan, targets export markets across Europe, Asia and North Africa.
Price for wooden pallets imported to China decreased 15%.
New identity will debut on March 25, 2026, reflecting industry's shift from local operations to a worldwide network.
Imports of wooden pallets to China contracted 7%.
Czech Republic leads with 47% share, Spain’s imports grow over fourfold.
Price for wooden pallets exported from China rose 4%.