Homag Group Sales Down 13.8% in 3Q-2024

GERMANY - In the third quarter of 2024, Homag Group reported a 12.2% increase in order intake, reaching EUR 332.7 million, compared to EUR 296.6 million in the same period of 2023. However, sales declined by 13.8%, falling to EUR 349.5 million from EUR 405.5 million...

Dieffenbacher Acquires Pagnoni Impianti

ITALY - Effective October 7, 2024, Dieffenbacher , a leading German machine and plant manufacturer, has acquired the Italian family-owned company Pagnoni Impianti S.r.l., located in Aicurzio, about 30 kilometers northeast of Milan. The company will now operate under...

SCM Inaugurates New Subsidiary in Slovenia

SLOVENIA - SCM has inaugurated its new subsidiary, SCM Adria, in Slovenia, aimed at providing specialized sales and service support to woodworking businesses in Slovenia and Serbia. The opening ceremony on September 26 featured local dignitaries, highlighting the...

SCM Debuts New CNC Machining Centres

ITALY - The SCM sales team met at the Rimini headquarters for a special event: the launch of the new Morbidelli X50 and X100 nesting CNC machining centres, along with upgrades to the Accord 500/600  range for the furniture industry. On September 11 and 12, both...

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