ITALY – Italian woodworking machinery manufacturer Biesse, one of the global leaders, reported first half 2015 consolidated revenues of € 245.5 million (+22.1% compared to the same period of 2014), an of € 28.9 million increase (+70.7% compared to the same period of 2014). For the first semestrer 2015 EBITDA margin on revenues was 11.8% (8.4% in the same period 2014), while net profit reached € 10.5 million (+166.7% compared to the same period of 2014). 

GERMANY – The seamless edge, i.e. the almost invisible joint between the edging and the panel, is getting more and more popular because it not only convinces through its exclusive appearance but also through many practical benefits. 

GERMANY – Dieffenbacher presented plant concepts and projects for fast-growing and alternate raw materials such as bamboo, paulownia, bagasse, straw, or recycled wood at LIGNA 2015. 

GERMANY – With the presentation at Ligna 2015 of the new HPS 320 Flextec cutting cell, Holzma launched a new cutting concept for customized production by fully automated processes. This saves time and material, thus reducing manufacturing costs.

GERMANY – Under the concept “Streaming Innovation” the Rimini Group was presented at Ligna 2015 as a conglomerate of specialists capable of giving life to a flow of technological innovations seamlessly integrated with each other. 

GERMANY – At Ligna 2015, machine operators were able to experience a new noise level. 

GERMANY – HOMAG Group AG, the world’s leading manufacturer of plant and machinery for the woodworking industry and for cabinet makers increased its sales revenue in the first quarter of 2015 by 24 percent to EUR 254.3 million (prior year: EUR 204.8 million).

ITALY – Biesse Group reported a strong 1Q/2015. Compared to the same period of 2014, net consolidated revenue was up 23.1%, reaching €112.8 million, while gross operating profit (EBITDA) was €11.6 million (+57.4% compared with the same period of 2014), representing a margin on revenues of 10.3% (8.1% in 2014).

GERMANY – HOMAG Group AG, the world’s leading manufacturer of plant and machinery for the woodworking industry and cabinet makers, aims to grow further and in particular significantly raise net profit for the fiscal year 2015.

GERMANY – With an increase in turnover of 30 % – turnover rose to 160 million EURO (2013: 123 million EURO) – IMA Klessmann GmbH ended the financial year 2014.

U.S. – Stiles Machinery, announce the expansion of Weeke North America. Work will begin this spring on a new 100,000 square foot facility headed up by Robert Grooters Development Co.