Moderate 1Q-2019 for Italian woodworking machinery

ITALY – According to the Acimall (Italian Woodworking Machinery and Tools Manufacturers’ Association) Studies Office, the first quarter 2019 showed an overall reduction of orders, which can be considered “inevitable” after the booming growth of 2017 and further expansion last year; moreover, at least on the domestic side, a “beneficial effect” will certainly come from the reintroduction of Superamortization in the “Growth Act” and the preservation of Hyperamortization to support the digital innovation process of companies and consequently their global competitiveness.

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