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.