EoW November 2008

english corporate news

Six months of expansion for Madem

• In Spain, Euromadem Spain SL launched a second shift in September 2008 at its Calaf, Barcelona plant. Already selling in Spain and Portugal, Euromadem is set to penetrate markets in France, Belgium, Switzerland and Germany. • In Eastern Europe, Madem Romania SRL located in Bistrita, Romania, is anticipating the launch of another production operation projected to start up in December 2008. Madem is ISO 9000 and ISO 14000 compliant in Brazil and will begin ISO implementation in Spain and USA in January 2009. “Madem has invested US$45,000,000 in the last five years in new plants, software, quality systems, machinery and warehouses. With our new plants in Bahrain and Romania, Madem will be processing 30,000m 3 of lumber per month (750 trucks of lumber/month) and sell our products to over 150 customers in more than 40 countries,” said Leandro Mazzoccato, Madem group sales director.

Madem Group has announced several developments for the next six months: • In Brazil, Madem SA has completed a new plywood plant, representing a US$8,000,000 investment. The plant, located in southern Brazil will produce 70 containers per month of plywood reels flanges. All machinery was custom developed for Madem and the special plywood will be in the market by October 2008. Madem SA has three plants in Brazil, 800 employees, 30,000 acres of renewable pine forests, two sawmills and one recycling operation. • In the United States, Madem Reels USA Inc in Chattanooga is launching a second shift as well as opening its first warehouse and recycling centre in West Virginia. Another ten warehouses will be opened by 2010. Madem Reels is already servicing eight customers from the Chattanooga plant operation. • In the Middle East, Madem Gulf WLL, located in Kingdom of Bahrain, has nearly completed a new plant where production is expected to begin by January 2009. Madem is anticipating another new plant project for Middle East region in 2010.

Madem Reels – Brazil Fax : +55 54 3462 5900

Email : madem@madem.com.br Website : www.mademreels.com

16

EuroWire – November 2008