Operational Update

At Dams we are continuing to re-invest profits back into the business, with further CapEx projects to underpin our growth. We’ve expanded our teams in all of our production departments and we’re adding in new equipment to help ensure our production levels meet the higher sales demand. We’re replacing our Biesse angle plant with a Homag saw which will arrive in December, and we’re also installing an additional SCM Stefani double sided edge bander in January which will perform all the functions our existing Homag Edgeteq double sider can do.

Our new 60,000 square foot extension to our warehouse & distribution centre is due to be operational in January. This will give us an additional 5,000 pallet locations plus a new dedicated goods in area, with additional warehouse space to operate at higher levels and offer more choice for our customers.