Lord of the boards

Pfleiderer Grajewo, one of the biggest furniture component producers in Poland, will invest EUR 83 (zł.330) million in building a new factory to produce medium-density fiber (MDF) boards. This idea superceded the project of building two smaller factories, one producing MDF, the other high-density fiber (HDF) boards. The new factory is going to be able to produce 250,000 of cubic meters of various materials and it is estimated yearly turnover will reach at least EUR 60 (zł.238) million.

Earlier this year Pfleiderer Grajewo wanted to build a combined MDF/HDF factory but recently its management board decided otherwise. The company's CEO, Paweł Wyrzykowski, told Reuters that the company needed a single production-focused factory instead of two smaller and less profitable facilities. "MDF board production is much more worthwhile. Now, two small factories will not be this competitive," he said.

According to the company, one-third of the produced stock will be exported either east or to Germany. The rest will be sold to domestic customers, which the firm says are "very interested in the new investment." Warzykowski also pointed out the company is expecting close cooperation with the Swedish furniture giant Ikea, whose production is organized by Sherwood, a client of Pfleiderer.