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This summer, The IVC Group of Belgium will cease operations at its U.S.-based veneer manufacturing facility, International Timber & Veneer (ITV).
Opened in 1997, ITV, Jackson Center, Pa., processes logs into high-quality veneers for its group-owned trading companies, R. Ulrich & Co. and International Veneer Co. (IVC South Hill), as well as veneer trading companies around the globe. ITV specializes in custom-cutting on three vertical slicers and one half-round machine.
The company attributed the closure to a range of factors, including skilled labor shortages, rising labor costs, sharply increased prices for equipment and production supplies, the current global economic, and trade developments in 2025.
According to The IVC Group, "Increasingly unpredictable customs policies, a tense international trade climate, and above all, the import ban on American logs into China, have made raw material procurement highly uncertain. Under these economic conditions, we no longer see a viable long-term outlook for the continued operation of International Timber & Veneer."
The IVC Group is Europe's leading manufacturer of luxury vinyl tiles, sheet vinyl, laminate and carpet tiles, operating 10 production facilities around the globe. Brands include Moduleo residential luxury vinyl flooring, IVC Commercial flooring, Leoline residential cushion vinyl rolls, and Xtrafloor flooring accessories.