Tag: wood manufacturing
Australian fabricated wood manufacturing struggles as imports rise – report
Australia’s fabricated wood manufacturing industry has experienced a period of decline, with revenue shrinking due to weakening demand from downstream manufacturers and rising competition from imports, according to a report by IBISWorld.
Wood manufacturing companies awarded $108 million in grants
The Albanese government announced the successful recipients of the Accelerate Adoption of Wood Processing Innovation grant program, which will share over $108 million in funding, to meet the strong demand for timber products.