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
Canada And U.S. Closing In On Softwood Lumber Deal
Canada would cap its U.S. market share at 30 percent, in an effort to settle the softwood lumber trade dispute, with the U.S. supplying the remainder. But resolving what happens if it can’t make up…
Pope Resources: Log And Lumber Export Demand Adds Tension To Pricing
Lumber supplier Pope Resources says a new sawmill in Washington and diminished imports of Canadian logs are driving up its prices. “Log markets in our operating regions are strong due to a multitude of demand…
Report: Overseas Imports Impeding New Softwood Lumber Agreement
Canada and the United States must chop down one big, remaining impediment to a deal on softwood lumber and this obstacle involves wood from neither country but from other places: Germany, Sweden, Chile, Brazil and…
After A Period Of Quiet Time, Canadian Buyout Of SYP Mills Resumes
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); West Fraser Timber Co. Ltd. has entered into an agreement to acquire the operations of the Gilman Companies from the Howard Gilman Foundation and other shareholders for approximately US$430 million. The…
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.