Following the announcement from current CEO Nick Arkle of his intent to retire more than a year ago, the Board and ownership group of Gorman Group has named Ashlee Cribb its next Chief Executive Officer.…
Homag Purchases Press Manufacturer
Homag Purchases Press Manufacturer
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.
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