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.

BELGIUM – i4F, a flooring industry patents and technologies provider, announced that its digital printing partner, Hymmen, secured two new patents from the European Patent Office and the Chinese Intellectual Property Office.

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.

SLOVENIA- SCM is enhancing its global presence with a new subsidiary, set to open in Trzin near Ljubljana, Slovenia, in January 2024.

GERMANY – Dieffenbacher, the German machine and plant manufacturer, for the wood based panel industry has undergone changes in its Management Board’s responsibilities and composition since January 1, 2024.

ITALY – Biesse S.p.A., a leading global manufacturer of woodworking machinery and technology, has announced the resignation of Pierre La Tour from his position as Chief Financial Officer and Manager in charge of financial reporting and Investor Relations.