Matimco

What Matimco does

Matimco, Inc. (founded 1964 as Mandaue Timber Company in Mandaue, Cebu) is a Philippine manufacturer, distributor, and retailer of architectural and structural wood products operating entirely within the Philippines. The business is privately held under the founding Liu family (CEO Charlie H. Liu) and reports a headcount of 251–500 employees. Its portfolio is organized into six sub-brands covering the full wood value chain: Matwood (flagship artisanal treated wood with a patented double-vacuum treatment process and 10-year termite/borer/decay warranty), Likewood/Gudwood (affordable wood-look and DIY products including PVC ceiling and wall panels), Nuwood (outdoor Wood-Plastic Composite and PVC decking, cladding, and railings using ~90% recycled inputs), Ecofor (kiln-dried structural SPF lumber sourced from managed North American and European plantations), Mastercraft (custom modular cabinetry launched 2025), and Duraboard (PVC boards).

The core technology stack is process manufacturing rather than software: kiln-drying, the proprietary double-vacuum chemical treatment (treated to H2 standards using LOSP), WPC extrusion, and modular cabinetry engineering using European machinery and patented design software. Matimco was the first Philippine wood processing company to receive ISO 9001:2000 certification (2000) and in November 2025 received the DTI E-Commerce Philippine Trustmark.

Distribution is omnichannel within the Philippines: seven owned House of Wood showrooms (Antipolo, BGC, Mall of Asia, Ortigas, Timog/Quezon City, plus Mandaue and Davao), a Shopify-powered e-commerce site with same-day Metro Manila delivery, listings on Shopee, Lazada, and TikTok Shop, and shelf placement at Wilcon Depot and Savers Home Depot. Pricing is per-unit across categories (basic mouldings from ₱98, engineered floors up to ₱47,160, custom/bulk orders quote-based). Customers span homeowners, builders/contractors, interior designers and architects, and both residential and commercial interior and outdoor-living use cases; the only named enterprise account is San Miguel Corporation, Matimco's founding customer in 1964.

Name

Matimco

Legal name

Matimco, Inc.

Website

https://matimco.com

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

251–500 employees

Short description

Philippine manufacturer and retailer of architectural and structural wood products operating six sub-brands (Matwood, Likewood, Nuwood, Ecofor, Mastercraft, Duraboard). Founded in 1964, it serves homeowners, builders, contractors, and interior designers across the Philippines through seven House of Wood showrooms, e-commerce, and retail distribution partners.

Ownership category

akta.pro rank

Product category

Architectural Wood Products

NAICS

Veneer, Plywood, and Engineered Wood Product Manufacturing (3212), Wood Window and Door Manufacturing (321911), Other Wood Product Manufacturing (3219), Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers (42331), All Other Miscellaneous Wood Product Manufacturing (321999)

SIC

Millwood, Veneer, Plywood, & Structural Wood Members (2430), Wholesale-Lumber, Plywood, Millwork & Wood Panels (5031), Retail-Lumber & Other Building Materials Dealers (5211), Miscellaneous Furniture & Fixtures (2590)

akta.pro primary industry

Wood Flooring & Wood Veneer Products (IMADADAI)

akta.pro secondary industries

Wood Mouldings, Millwork & Trim (IMADADAG), Wood Decking, Fencing & Outdoor Lumber Products (IMADADAF), Hardwood Plywood & Decorative Panels Manufacturing (IMAMACAB), Decking & Outdoor Structural Materials Retail (Composite, Railings, Posts) (CRAIAEAH), Wood Siding, Cladding & Exterior Wood Profiles (IMADADAH), Structural & Framing Components Retail (Trusses, Joists, Beams, Engineered Wood) (CRAIAEAJ)

Keywords

• Engineered wood products
• Wood flooring solutions
• Architectural wood products
• Structural lumber supply
• Wood-plastic composites

Headquarters

HQ city

Mandaue

HQ country

Philippines

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Retail Product Sales: Direct sales of wood products through House of Wood showrooms and e-commerce platform. One-time product transactions with prices ranging from ₱120 to ₱47,160 depending on product category.
2. Custom/Bulk Orders: Quote-based custom orders for larger projects including multiple doors, fluted panels, flooring, and customized products for builders, contractors, and homeowners.
3. Distribution to Retail Partners: Products distributed through third-party retailers including Wilcon Depot and Savers Home Depot, making products available through their store network nationwide.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels8 records

Core offering

Matimco manufactures and supplies architectural and structural wood products through six sub-brands: Matwood (premium treated wood with patented double-vacuum treatment), Likewood/Gudwood (affordable wood-look and non-wood options for DIY), Nuwood (outdoor wood-plastic composite and PVC products), Ecofor (kiln-dried structural lumber), Mastercraft (customized modular cabinetry), and Duraboard (PVC boards). The product portfolio spans doors, engineered/solid/composite flooring, wall and ceiling panels, lumber, mouldings and trims, outdoor decking and cladding, and modular cabinetry, distributed through House of Wood retail showrooms, e-commerce, and third-party retailers.

Product overview

Matimco is a Philippines-based wood products company founded in 1964, operating as a single unified company with multiple sub-brands that offer complementary product lines. The core offering centers on Matwood (flagship artisanal wood brand with patented double-vacuum treatment), Likewood/Gudwood (affordable wood-look options), Nuwood (outdoor WPC solutions), Ecofor (structural lumber), Mastercraft (premium cabinetry), and Duraboard (PVC boards). Product portfolio spans doors (Designer Series, Engineered, Prime Moulded, Solid, Melamine, Veneered), flooring (Engineered, Solid, Laminated, WSPC), panels (PVC ceiling, indoor/outdoor wall, solid wood), lumber, mouldings & trims, outdoor products (decking, cladding), and cabinetry. The company distributes through House of Wood showrooms, e-commerce platform, and retail partners including Wilcon Depot and Savers Home Depot.

Differentiator

Problem solved

Functional benefit

Brands

• Matwood: Matimco's flagship artisanal wood brand; first and only in the Philippines to use patented double-vacuum treatment process with 10-year warranty against termites, wood borers, and fungal decay. Products include doors, floors, panels, mouldings, framing, and stair components.
• Likewood / Gudwood
• Nuwood
• Ecofor
• Mastercraft
• Duraboard

Products and services

• Matwood Matimco's flagship artisanal wood brand and the first and only in the Philippines to use the patented double-vacuum treatment process. Offers doors (Designer Series, Engineered, Prime Moulded, Solid, Melamine, Veneered), engineered and solid hardwood floors, WSPC flooring, wall panels, mouldings, framing, and stair components. Backed by a 10-year warranty against termites, wood borers, and fungal decay. Targets homeowners, builders, contractors, and interior designers.
• Likewood/Gudwood Affordable quality wood and non-wood wood-look options that authentically replicate real wood. Designed for affordability and convenience for DIY renovation projects. Product offerings include PVC ceiling panels, indoor wall panels, melamine doors, veneered doors, and basic mouldings. Targets homeowners undertaking renovation and interior design projects.
• Nuwood Premium outdoor wood-solution brand using Wood-Plastic Composite (WPC) and PVC technology, made with 90% recycled materials. Products are termite-proof, fire-resistant, and virtually maintenance-free. Includes outdoor wall cladding, hollow decking (Gen 1 and Gen 2), deck tiles, outdoor ceiling panels, and WPC railings. Designed for outdoor living spaces, decks, patios, and landscaping applications.
• Ecofor Structural lumber brand sourced from well-managed forest plantations in North America and Europe. Guarantees consistent and reliable quality Architectural Grade lumbers using Spruce-Pine-Fir (SPF) species. Offers kiln-dried S4S (Smooth Side) lumber in various nominal sizes from 1 to 2 inches, available in 8-16ft lengths. Targets builders, contractors, and construction professionals requiring reliable structural materials.
• Mastercraft Premier customized modular cabinetry brand launched in 2025 for Matimco's 60th anniversary. Offers customized modular solutions combining timeless design, precision engineering, and enduring craftsmanship. Utilizes advanced engineering systems, patented design software, and state-of-the-art European machinery. Targets homeowners and design professionals seeking premium custom cabinetry for modern lifestyles.
• Duraboard PVC board brand offering strong and durable board solutions for construction and finishing applications. Targets builders, contractors, and homeowners needing durable PVC board products.

Quantifiable outcome

• 60+ years of continuous operation and market leadership in Philippines wood industry
• +3 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core, flagship, major and foundational.

• TUV RheinlandcoreTechnology or Integration · 24 May 2023Global leader in independent certification and inspection services. Hosted Client Appreciation Day celebrating partnership and trust with Matimco.
• SolignumflagshipStrategic or Co-development Partner · 1 January 1990Partnership under Matimco CEO Charlie H. Liu that marked the birth of MATWOOD - Matimco's flagship artisanal wood brand. The partnership enabled the development of treated wood products with superior protection.
• Kingsway Enterprises CorporationmajorStrategic or Co-development PartnerAcquired in 1984, introducing mouldings and processed architectural wood products for both local and international markets including UK and Australia.
• Wilcon DepotmajorChannel Partner/ Reseller/ DistributorMajor home improvement retailer carrying Matimco products in selected stores nationwide, making quality wood solutions accessible through retail distribution.
• Savers Home DepotmajorChannel Partner/ Reseller/ DistributorHome improvement retailer partner with selected stores nationwide offering Matimco wood products.
• San Miguel CorporationfoundationalStrategic or Co-development PartnerOriginal customer from 1964 - Matimco (then Mandaue Timber Company) started as wooden case supplier for soft drinks and beer to San Miguel Corporation.

Scale indicators6 records

Recent moves10 records

Expansion highlights6 records

Regional players

• Greenpanel Industries: India-listed manufacturer of plywood, MDF, and engineered wood panels for furniture and construction. Comparable as an emerging-market manufacturer in the engineered wood and panel category with overlapping product positioning and emerging-market growth dynamics.
• Ta Ann Holdings Berhad: Malaysia-listed timber and plywood group with downstream veneer, plywood and engineered wood production. Comparable to Matimco's Ecofor lumber and engineered wood lines as a vertically integrated Southeast Asian timber processor with similar end markets.
• Hume Cemboard Industries Berhad: Malaysia-listed manufacturer of wood-based panel products (MDF, particleboard, cement board) for Southeast Asian construction markets. Comparable as a Southeast Asian panel/board manufacturer with overlapping engineered wood offerings, though based in Malaysia rather than Philippines.

Broad incumbents

• Trex Company: US-listed global leader in composite decking, railing, and outdoor living products made from recycled materials. Directly comparable to Matimco's Nuwood WPC outdoor decking/cladding portfolio, especially the 90% recycled materials and weather-resistant positioning.
• Armstrong Flooring: US-listed manufacturer of resilient and hardwood flooring products for residential and commercial applications. Directly comparable to Matimco's engineered and solid hardwood flooring lines as an established incumbent flooring brand, though serving different geographies.
• EGGER Group: Austria-headquartered global manufacturer of wood-based panels, flooring, and decorative surfaces. Comparable across Matimco's engineered flooring, panels, and mouldings categories, though as a much larger global incumbent rather than a Philippines-focused specialist.
• Mohawk Industries: One of the world's largest flooring manufacturers spanning hardwood, laminate, LVT, and ceramic tile. Comparable to Matimco's Matwood, Likewood and WSPC flooring lines as a multi-category flooring incumbent with global scale advantages.

Direct peers

• Robin Wood Industries: Philippine-based manufacturer of plywood and engineered wood products serving construction and furniture end markets. Closest domestic peer in wood processing, panel production, and architectural wood offerings — competes directly for the same builders, contractors and homeowners in the Philippines.
• Sta. Clara Lumber: Philippine lumber and wood products supplier offering structural lumber, boards, and building materials for residential and commercial construction. Directly comparable as a domestic wood products distributor with overlapping customer base among contractors and hardware retailers.

Others

• Wilcon Depot: Philippine home-improvement retail chain that is both a Matimco distribution partner and a broader channel for building materials including lumber, flooring, and panels. Relevant as an ecosystem participant and indirect competitor in finished building products retail, not as a direct wood manufacturer peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@matimco8248
• Facebookfacebook.com/MatimcoOfficial
• Instagraminstagram.com/matimcoph/?hl=en
• TikTokvt.tiktok.com/ZSmPJHh2a/?page=TikTokShop
• LinkedInlinkedin.com/company/joinmatimco

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Matimco