• Henkel endows in Fero Labs – a start up company

    Published on : Thursday, February 6, 2020

    Henkel participates in the latest funding round of Fero Labs, a US-based start-up aiming to optimize industrial processes by using explainable machine learning. The investment is led by the company’s HenkelX Ventures unit, together with DIVC, a Munich-based B2B Tech …

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  • Weinmann achieves another investment

    Published on : Friday, November 1, 2019

    Chilean company inaugurates first factory of prefabricated houses and wooden buildings with a sales projection of US$ 25 million.   The Chilean company E2E is a joint venture between Arauco and the Belgian company Etex. Its factory, which has been …

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  • Setra to invest in a new planning machine at Hasselfors Mills

    Published on : Monday, November 13, 2017

    Wood products company Setra is investing in a new trim saw with integrated planing machine at its mill in Hasselfors. The investment is expected to deliver major efficiency gains and help to strengthen Setra’s position in the global construction market. …

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  • Schmalz inaugurates new production office in USA

    Published on : Friday, August 11, 2017

    In July of this year, the vacuum specialist Schmalz christened the new headquarters of its USA branch in Raleigh, North Carolina, an investment of around USD 6.5 million.   At the official opening ceremony, the managing directors of J. Schmalz …

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  • Pfleiderer associates with Kleiberit to invest in large-scale lacquering line

    Published on : Wednesday, April 5, 2017

    The innovative HotCoating technology from KLEIBERIT has scored another success in the international market for the surface finishing of wood based panels.   Pfleiderer, a leading European manufacturer of wood based panels, is focusing completely on the KLEIBERIT HotCoating® technology …

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  • Biesse Group to open a new campus in Dubai

    Published on : Wednesday, November 16, 2016

    Biesse Group has just announced that a new campus will be opened in Dubai (UAE). This site will represent the headquarters of the Biesse Group Middle East subsidiary, as well as serving a number of other functions. The company is …

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  • Biesse appoints new Subsidiary Director for Russia

    Published on : Wednesday, November 16, 2016

    Biesse Group continues to focus on the Russian market, indicating the company’s belief in the high potential of the region. Against this backdrop of renewed confidence, the new General Director of the Moscow subsidiary has recently been presented.   Matteo …

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  • Woodtech Forum Egypt gains attention of international financial organisations

    Published on : Tuesday, November 15, 2016

    Woodtech Forum promises to be one of the best successful events for the wood and furniture sector in Damietta, Egypt, scheduled for November 26 and 27. It is very promising for the future that Woodtech Forum has great interest for …

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  • SCA Timber’s planing mill in Tunadal to receive investment worth SEK 50 Million

    Published on : Monday, November 14, 2016

    SCA Timber is investing SEK 50 million in its planing mill in Tunadal, in Sundsvall, Sweden. The investment will enable the planing mill to increase its productivity and will also create the conditions required for enabling continued product development.   …

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  • EGGER Group records substantial growth in annual turnover

    Published on : Monday, August 8, 2016

    The wood-based materials manufacturer was able to increase the Group’s turnover by 3.4% to reach 2.34 billion Euro during the 2015-2016 financial year.   The EGGER Group Management presented the company’s positive development on the 28th July 2016 at the …

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  • SCM Group expands to Australia

    Published on : Thursday, July 28, 2016

    At the recently concluded Australian woodworking trade show AWISA, SCM group announced the successful integration of distributor Gabbett Machinery.   While announcing SCM Group’s incorporation of Australian distributor Gabbett Machinery, CEO Andrea Aureli stated: “This is just the first in …

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  • Metsä Wood introduces an investment programme worth EUR 100 million

    Published on : Monday, June 20, 2016

    Metsä Wood has recently launched an investment programme in its Kerto® LVL and plywood operations as part of its industrial efficiency strategy. Thanks to the programme, planned to be implemented in steps by the end of 2018, the company will …

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  • Södra to invest SEK 50 million in forestry research

    Published on : Friday, April 24, 2015

    Sodra Board has decided to invest SEK 50 million in its research foundation to develop a sustainable and profitable forest industry and forestry in future.   “Long-term research in forestry requires confidence in the future and stable funding. Without research …

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  • John Brash & Co invests £500k in scanning technology

    Published on : Monday, March 30, 2015

    John Brash & Co has invested £500,000 in a new computerised scanning technology.   Roofing battens make up around half of the family firm’s business, which also manufactures shingles, shakes, scaffold boards and commercial anti-slip decking. The new scanning technology …

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