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Virtual annual general meeting of HOMAG Group AG

Schopfloch, May 12, 2022. Due to the corona pandemic, the annual general meeting of HOMAG Group AG was held virtually for the third time today . Approximately 91 percent of the share capital was represented [...] Board were approved with a large majority at the annual general meeting. For the fiscal year 2021, HOMAG Group AG will pay its shareholders a compensation payment of EUR 1.01 per share. The compensation [...] In his speech, CEO Dr. Daniel Schmitt looked back on the successful fiscal year 2021, in which the HOMAG Group achieved a record order intake despite the global supply chain problems. Earnings before special

Groundbreaking ceremony in Schopfloch: HOMAG Group invests in building extension

ceremony. Dr. Rückert highlighted the great significance for the region of companies such as HOMAG. “HOMAG operates around the world with numerous plants and locations for sales and service. We are pleased [...] 2021. With the groundbreaking ceremony in Schopfloch, the building work for an extension at the HOMAG Group officially began on July 7, 2021. The company is investing around 10 million euros in expanding [...] The extension, measuring approx. 6,700 sq m, is planned to be used for assembly and shipping. The HOMAG Group is thus combining the activities which have to date been decentrally managed at its Schopfloch

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Lucabella Furniture invests in complete HOMAG solution

would like a demonstration or further information on HOMAG woodworking machinery or software, please contact HOMAG UK on 01332 856424 or email: info-uk@homag.com [...] machine. “After careful consideration the decision was made to partner with HOMAG UK. Ian Woodall, the area sales manager for HOMAG, was a key factor in this decision. From the outset he demonstrated his knowledge [...] partnership for the long term “The relationship with HOMAG has grown stronger as time passes. Both companies have learnt from the partnership. HOMAG has an excellent checklist for the installation process

Strengthening the competence in the solid wood area

and thus contribute to successfully operating their business models. " Company Background HOMAG Group The HOMAG Group is the world's leading provider of integrated solutions for production in the woodworking [...] WEINMANN has been part of the HOMAG Group and has been the expert for timber construction since 1998. As a leading provider of high-performance machines and systems for timber construction, WEINMANN develops [...] ted house manufacturers. Over 5,000 WEINMANN machines are in use by manufacturers worldwide. The HOMAG Group is strengthening its commitment in the solid wood sector, including the entire process chain

Cookstown Panel Centre invests in the latest cutting technology

why we buy the best materials we can and when it comes to machinery, HOMAG is always our first port of call. “The relationship with HOMAG began over 25 years ago when I first met Derek Reid, the company’s [...] would also be able to cope with future growth.” HOMAG SAWTEQ B-300 with integrated lifting table “Although we have a long-standing relationship with HOMAG, we are conscious not to overlook other options [...] the solution Derek came up with, a HOMAG SAWTEQ B-300 with integrated lifting table, made the most sense in every way. “The saw has all the latest technology from HOMAG. It can handle large 4.2 m panels

HOMAG Group with significant increase in sales revenue and earnings

Positive business development in the first nine months of 2022 Schopfloch, November 10, 2022. The HOMAG Group continues to record a positive business development and was able to significantly increase sales [...] sales revenue and earnings in the first nine months of 2022. In the first three quarters of 2022, the HOMAG Group’s order intake increased again slightly year-on-year by 4 percent to EUR 1,418 million (previous [...] current fiscal year is a great success.” Demand was particularly strong in North America, where the HOMAG Group was able to grow by around 50 percent. Due to the high order intake, the order backlog increased

Entry level wide belt sander from HOMAG raises bar for Dominic As

would allow us to process larger parts.” HOMAG fits the bill “Having seen the various wide belt sanders in action, the one that impressed us most was the HOMAG SWT 124 (SANDTEQ W-100). With an 1100 mm [...] equipment we experienced the odd teething issue, but hats off to HOMAG, these were sorted quickly and efficiently. All in all, our experience with HOMAG has been excellent and they will certainly be at the top [...] replacing other woodworking machinery,” concludes a delighted Dominic Ash. HOMAG entry-level solutions The space-saving design of the HOMAG SANDTEQ W-100 Series includes easy access to all functions to make changing

Furniture production in China: OPPEIN inspires its customers

1,700 HOMAG machines. In addition to the hardware, OPPEIN also relies on software from the Black Forest. The advantages of the complete solution from HOMAG are obvious for OPPEIN's CEO. HOMAG will continue [...] this growth in the future with innovative solutions, because OPPEIN is a very special customer for HOMAG.

Extraordinary general meeting of HOMAG Group AG

Today's extraordinary general meeting of HOMAG Group AG in Freudenstadt approved the domination and profit and loss transfer agreement between HOMAG Group AG and Dürr Technologies GmbH as controlling company [...] company. Ralph Heuwing, CEO of HOMAG Group emphasizes: “With this agreement between HOMAG and Dürr, we now have a legally reliable framework in place and will be able to cooperate, exchange information [...] guarantee the future; actual results including the financial position and the profitability of the HOMAG Group as well as the development of economic and regulatory framework conditions may deviate significantly