ITALY - Despite the challenges in rolling out new procedures and awaiting simplification measures, incentives for "Industry 5.0" initiatives are beginning to show positive effects, particularly in the machinery and technology sector for wood and wood-based materials,...
SCM Acquires 51% Stake in Mecal Machinery
ITALY – SCM Group has acquired a 51% stake in Mecal Machinery, a leading manufacturer of machinery and systems for processing aluminium, PVC, and light alloys. This acquisition strengthens SCM Group's portfolio, offering advanced technological solutions for industries...
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...
Biesse Reports Decline in Sales and Profitability in 9M-2024
ITALY - Biesse Group , a global leader in technologies for processing wood, has reported mixed results for the January to September period of 2024 (9M-2024), with a decline in sales and profitability, though it saw growth in some key regions. For the first nine months...
IMA Schelling Strengthens Its Presence in India with New Subsidiary Opening
INDIA - The IMA Schelling Group continues on its growth path. The company officially opened its new subsidiary in Bangalore, India, in October, following its establishment in May. IMA Schelling is relying on close cooperation with its long-standing sales partner...
Scm Group Receives the Innovazione Smau 2024 Award
ITALY - SCM Group has been awarded the Smau 2024 Innovation Award for its Solutions Library project, a digital library using artificial intelligence to manage and share over 70 years of technical knowledge in woodworking and materials processing. The award was...
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 Group Wins Best Managed Companies Award for Fourth Year
ITALY - For the fourth consecutive year, Scm Group has received the Best Managed Companies Award, recognizing the entrepreneurial excellence of Made in Italy. This award is promoted by Deloitte Private in collaboration with ALTIS - Graduate School of Sustainable...
Dieffenbacher and Unilin Partner to Advance Fiberboard Recycling
BELGIUM - Dieffenbacher and Unilin Technologies announced a cooperation agreement to commercialize Osiris, Unilin’s patented fiberboard recycling technology. This partnership enhances both companies' commitment to sustainability in the flooring and panel industries by...
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...
Over 2,000 Visitors Experience Latest Trends at Homag Treff 2024
GERMANY - Under the motto "Where sawdust flies and inspiration lands," Homag Treff 2024 attracted over 2,000 visitors from more than 30 countries. After a six-year hiatus, the renowned in-house exhibition took place simultaneously at two southern German...
Biesse Reaches 10,000 Machines Exported From India
ITALY - Biesse, a global leader in woodworking machinery, has achieved a remarkable milestone by exporting 10,000 machines manufactured in India to over 75 countries across six continents. This accomplishment underscores the company's dedication to the "Make in...