Grand Rapids, Mich., October 5, 2020 – Building on the long-term relationship between MINDA and Stiles, both companies are pleased to announce MINDA’s immediate acquisition of Deal Manufacturing in North Carolina and the subsequent formation of MINDA North America.
MINDA’s acquisition of Deal Manufacturing and newfound presence in North America will further and better support Stiles’ efforts to grow the mass timber industry and continue their delivery of world-class customer service.
Stiles will continue to be the sales, service and support partner, while MINDA North America will continue to integrate and manufacture various technologies necessary for the mass timber industry. With the anticipated growth of the mass timber industry in North America over the next decade, both parties are proud to form an even closer partnership in order to better serve the market and their customers.
Charles Martin, who has been with Stiles for over eight years will immediately become the President and CEO of MINDA North America to maintain the continuity of success that both companies have had since their partnership began over 10 years ago. MINDA North America will be based in Granite Falls, North Carolina.
Both parties are proud to bring the North American market an even closer partnership in order to better serve the expected growth of the mass timber and building industry.
About MINDA Based in Minden, Germany, MINDA Industrieanlagen GmbH is the world leader in specialized production systems including mass timber components. With the goal to improve efficiency, modify production, or assist in complete new plant startups, MINDA provides tailor-made production lines for mass timber products that are resource efficient, reliable and cost effective. MINDA delivers these optimum solutions with fully automatic material transport and the corresponding production control technology for new plants and those wanting to modernize.
About Stiles For more than 50 years, Stiles has been North America’s industry leader in wood manufacturing solutions. As North America’s largest supplier of quality machinery, Stiles provides a total production solutions approach by also offering equipment integration, project management, financial services, education, service and parts. Headquartered in Grand Rapids Michigan, Stiles also has regional offices in High Point, North Carolina; Bristol, Pennsylvania; Coppell, Texas; and Rancho Cucamonga, California. Stiles is a proud member of the HOMAG Group, a global leader in the production of industrial machines for manufacturing. For additional information regarding this press release or the mass timber industry, please contact Charles Martin, MINDA North America, at 828-726-7277 or c.martin@minda.com or Robert Slater, Stiles at 828-244-9000 or rslater@stilesmachinery.com
