Homag Purchases Press Manufacturer
Homag Group is acquiring majority interest in the Danish mechanical engineering company, Kallesoe Machinery A/S, as Homag takes another step toward establishing itself as a leading technology partner for sustainable construction with solid wood.
Kallesoe specializes in high-frequency presses for the production of cross-laminated timber (CLT). The company was founded in 1969 and reports installation of 500 presses worldwide—including Vaagen Timbers in Washington state. Kallesoe supplies high-frequency presses that work with high-frequency waves to accelerate curing of adhesive.
“We want to offer as many technologies for timber construction as possible from a single source,” says Ralf Dieter, CEO of Homag Group AG. “We are developing the solid wood business into a second pillar alongside our activities with the furniture industry.”
Homag is acquiring 70% of the shares in Kallesoe Machinery A/S from the Christensen family, with 30% remaining with the family.
Latest News
SFI Announces 2023 Community Grants
The Sustainable Forestry Initiative (SFI) has announced 16 new SFI Community Grants to support meaningful initiatives in communities across the United States and Canada while progressing SFI’s mission of advancing sustainability through forest-focused collaboration…
Real American Hardwood Coalition Launches Campaign
The Real American Hardwood Coalition (RAHC), the domestic hardwood industry’s consumer promotion initiative, recently launched its new “Build Your World” advertising campaign to promote real American hardwood flooring, cabinetry…
Paper Excellence Group Updates Business Unit Structure
The Paper Excellence Group (Paper Excellence) has announced an updated organizational structure for its business units following the recent acquisitions of Resolute Forest Products in March 2023 and Domtar in November 2021…
Housing Starts Decline, But Still Steady
U.S. housing starts were down 8% in June from May to a seasonally adjusted rate of 1.434 million. May’s 1.6 million rated starts had surprised everybody, increasing 20% over April. June single-family starts were at a rate of 935,000, 7% below May, while multi-family starts were 482,000, down 11.6% from May…
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.