Scm Group Posts Record Growth Figures

Amongst the most important innovations in 2016 for Italian-based Scm Group, were the consolidation of their Australian operation by acquiring the historic Gabbett dealership which continues to lead the Scm Group Australia branch. The creation of a new hub in Kuala Lumpur by merging the two branches in Singapore and Malaysia further strengthened the Group's Asian operations. 

Scm Group is a world leading producer of industrial machinery and components and a market leader in the production machinery used for processing wood, aluminium, composites, plastics, metal, marble and glass; as well as in the fields of advanced components, iron casting, metal structures, electric panels, electric spindles and technological components.

"We can safely say that 2016 too was a very successful year," says Andrea Aureli, Scm Group CEO, "and the estimated year-end statement confirms this. We have seen a significant increase in revenues and expect to close the year 2016 with a total of nearly 600 million Euro, of which over 400 million is in the wood industry".

Asia was without a doubt one of the regions where the Group achieved impressive results, including a major contract in China to build a megafactory for the production of furniture for the Chinese market, and the provision to a factory in Uzbekistan of high-productivity machines to produce 800 doors per work shift.

The USA and Europe remain important markets which have seen considerable growth, specifically in modular cells and complete industrial systems.

Scm Group website: www.scmgroupaustralia.com.au and see also iwoodlike.com