Italian woodworking machine manufacturer Masterwood SPA has announced a partnership with leading Chinese woodworking machine manufacturer, Guangzhou KDT Machinery Co Ltd.
The new partnership will allow Masterwood to sell its products in the Chinese market with the help of KDT. Investment into the Masterwood Group will also enable development of new technologies. Work has already started at the Rimini site where a large unit is being added to the current manufacturing works; this will give greater space for producing not just the standard CNC machines, but the growing demand on special production machines, many of which are with automated feeds and are often designed and built to suit a customer’s bespoke manufacturing requirements.
All the Masterwood ranges of machines will continue to be designed and built at the Italian facilities and Masterwood remains an Italian company. The company will still be using its engineering plant and parts from leading suppliers around the world – Beckhoff, Yaskawa, HSD, THK, and Schmalz. The new agreement retains Giancarlo Muti as the company CEO and Matteo Muti as CFO.
Spaking on the development, Masterwood CEO Giancarlo Muti said “Masterwood’s DNA does not change, the future aim will remain to design and produce a highly technological product leveraging on quality, customisation and ‘Made in Italy’. Our first thought was to keep the employment and the Italian technology. We believe this is great news for everyone connected to Masterwood, our staff and customers around the world, as it will allow us to keep them busy and support all their manufacturing requirements now, and for the future.”