Minda Acquires Fingerjoint Specialist Howial
For many years, Minda and Howial have collaborated on projects, with Minda supplying conveyors and presses, and Howial providing fingerjoint technology. A cooperation contract was signed in 2022 to enable integration at the operational, sales and procurement levels.
Now, Minda has acquired Howial to further merge their respective expertise. Howial’s extensive portfolio of machinery will be expanded by joint developments in the higher performance range in order to serve all customers who manufacture engineered wood products on an industrial scale.
With this acquisition, Minda secures longterm access to fingerjointing systems and further expands its expertise in the field of complete systems. Specifically, the integration of the fingerjointing systems into Minda’s production control technology, FlowMate, further reduces the numbers of interfaces leading to a complete system that is seamlessly integrated in terms of software.
“I am looking forward to continuing our trusting cooperation and implementing numerous innovatives ideas. When technology and business purpose match and the two entrepreneurs work well together, a joint path into the future is a logical consequence,” says Robert Falch, Managing Partner, Minda Group.
Latest News
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…
Interfor Purchases Four Sawmills From GP
Interfor is acquiring four sawmill operations in Bay Springs, Miss.; Fayette, Ala.; DeQuincy, La.; and Philomath, Ore. from Georgia-Pacific for $375 million. Interfor says these sawmill operations are highly complementary to Interfor’s existing platforms in…
Canfor Plans New Sawmill In Louisiana
Canfor Corp. announced it will invest $160 million to build a new sawmill near DeRidder, La. The facility will have an annual production capacity of 250MMBF on a two-shift basis and will employ 130. Startup…
Single-Family Starts Dip, But Multi-Family Ticks Upward
U.S. housing starts (single-family and multi-family combined) came in at a seasonally adjusted annual rate of 1.569 million in April, down 9.5% from March but 67% above April 2020 when the pandemic severely hit 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.