ITALY – Biesse Group – a leader in technology for the processing of wood among other materials – has communicated the financial results for 2023, the financial year closed with sales revenues of EUR 785 million, down 4.6% compared to the EUR 822.43 million obtained the previous year.
USA – Stiles Machinery named Barry Kellar as its new President to oversee all North American operations of the Homag Group, which includes over 650 employees across Stiles Machinery, Homag Canada, and Homag Machinery North America.
GERMANY – In order to conserve resources, IMA Schelling reconditions its used machines and offers them again as “second-hand machines”. This applies to machines for wood processing as well as for metals and plastics.
GERMANY – Preliminary data indicates that despite economic challenges, the Homag Group slightly increased sales revenue to EUR 1,625 million, attributing this to a high initial order backlog and service sector expansion.
ITALY – Biesse Spa recently announced the board’s approval of its 2024-2026 business plan, forecasting an average annual revenue growth between 2 percent and 4 percent over the plan period (2026: EUR 830 -880 million).
GERMANY – Starting January 1st, Dr. Melanie Bockemühl, renowned for her outstanding proficiency in digital technologies, officially joined the Advisory Board of G. Siempelkamp GmbH & Co. KG.
GERMANY – Homag, the leading German woodworking technology company, has scheduled its highly anticipated ‘Technology Days’.
FINLAND – Raute Corporation, a leader in veneer, plywood, and LVL production technologies, saw a significant financial turnaround in 2023.
TURKEY – The renowned IMA Schelling Group, globally recognized for its precision machinery and solutions in furniture manufacturing, has inaugurated a subsidiary in Istanbul to enhance its presence in the thriving Turkish market.
ITALY – SCM Group has unveiled plans for the opening of a new subsidiary in Bengaluru, India, coinciding with its participation at IndiaWood from February 22 to 26, 2024.
USA – Weinig Holz-Her USA has unveiled its state-of-the-art facility in Statesville, NC, reinforcing its commitment to growth and innovation in the solid wood and wood panel processing industry.