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Tag: Egger

Editor’s pickSiempelkamp’s high-performance short-cycle press for Egger improved efficiency

Siempelkamp, Egger, short-cycle press, KT700, synchronous pore surface

Optimised pressure distribution, reduced pressing and charging times, differentiated hydraulic control of the press cylinders are some of the advantages of using the short cycle presses made by Siempelkamp. These machines are ideally positioned in the wood-based panel industry due to their performance capabilities and are registering greater …

EGGER Group: stable results and high investments for 2018/19 financial year

EGGER Group, annual press conference, furnitue, flooring, OSB, rawboards

The wood-based materials manufacturer recorded sales of EUR 2.84 billion and adjusted EBITDA of EUR 425.0 million. The EGGER Group reports on a successful, albeit challenging, 2018/2019 financial year during its annual press conference on 25 July 2019 at its headquarters in St. Johann in Tirol. The key performance indicators showed a stable …

Growth for the EGGER Group

EGGER, EGGER Group, growth

The EGGER Group again set new records in its annual results for 2017/2018. Sales increased during the business year 2017/2018 by 12.5 per cent to reach EUR 2.6 billion (US$3.1 billion). EBITDA increased by 22.6 per cent to hit EUR 445.8 million (US$522.5 million), with the margins exceeding previous years’ levels by 16.6 per …

EGGER breaks ground in North Carolina, heralds a new chapter in USA

Egger, USA

EGGER broke ground on its North American corporate offices in North Carolina’s Davidson County. The office building, which is scheduled for completion in early 2019, will house EGGER’s North American future office staff. This building also lays the groundwork for future plant operations, which includes an ultramodern particleboard …

Editor’s pickEGGER announces plans for a green field project in USA

Egger, North Carolina, USA

Michael Egger makes the announcement on the investment project in North Carolina A new wood-based materials plant by Egger will soon become a reality in Lexington, North Carolina, pouring approximately EUR 260 Mn into the local economy and creating 400 direct jobs. Construction is expected to begin by the end of 2018 and the first boards are …

EGGER acquires Masisa plant in Argentina

EGGER, Masisa, Argentina

Purchase is the Austrian company’s first production site out of Europe, and aligned with its internationalisation strategy. With a 35 per cent market share, Masisa is the number two wood-based products manufacturer in Argentina. Masisa Argentina posted a turnover of US$131 Mn in 2016. The plant in Concordia has facilities for the production …

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