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EuroWire – November 2008

16

english corporate news

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.

• 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 Reels – Brazil

Fax

: +55 54 3462 5900

Email

:

madem@madem.com.br

Website

:

www.mademreels.com

Six months of expansion for Madem