EuroWire July 2024

Corporate News

Carbon-free power across North American sites sets industry benchmark

Davis-Standard’s existing ISO 14001- certified facilities and its Maillefer brand’s EcoVadis silver award. Davis-Standard CEO Giovanni Spitale commented, “This milestone reflects our unwavering commitment to sustain ability and underscores our dedication to reducing our environmental impact. By transitioning to renewable energy sources and leveraging green certifica tions like Green-e and ISO 14001, we are taking proactive steps towards building a more sustainable future for generations to come.” Davis-Standard, LLC www.davis-standard.com

and mitigating climate change impacts, in line with its sustainability goals. Davis-Standard achieved this milestone by purchasing Green-e certified Renewable Energy Certificates (RECs) for its facilities in Pawcatuck, Connecticut, and Fulton, New York. The RECs ensure that the electricity used in these locations is generated from renewable sources, such as wind or solar power. In addition, Davis-Standard’s operations in Canada’s Greater Toronto Area utilise electricity sourced from hydroelectric sources, further contributing to the company’s carbon-free energy usage.

Davis-Standard, a designer and manu facturer of extrusion and converting technology, has reached a significant milestone in its sustainability journey: all of its North American facilities are now powered by 100 per cent carbon-free electricity. The company states that the achieve- ment solidifies its commitment to envi- ronmental stewardship and sustainable manufacturing practices within the industry. By transitioning to 100 per cent carbon free electricity in North America, Davis Standard has taken a decisive step towards reducing its carbon footprint

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Gindumac strengthens market position Gindumac, a European transactional platform for used industrial machines, generated record-breaking results with profitable growth in 2023, powered by ongoing enhancements of technologies and processes. Despite challenging market conditions in the used machinery market in Germany and continued macroeconomic uncertainty on the global markets, Gindumac is planning double-digit growth for this year.

machinery, the company offers complete transaction processing. The focus is on the back-to-back business of used metal, sheet metal and plastics processing machinery from various international manufacturers. Gindumac GmbH www.gindumac.com

“Our focus for 2024 is expanding our network across Europe,” stated co-CEO Daniel Kaiser. “In Asia, we will leverage innovative sales strategies to strategically expand our presence. Our primary objective this year remains to streamline and optimise the used machinery business with platform technology for our customers.” Gindumac operates an online platform for the global used machinery trade. For sellers and buyers of used industrial

Order intake doubled in DACH (Germany, Austria, Switzerland) and EMEA (Europe, Middle East, Africa) regions, supported by more than 900 directly available machines in the categories of metal, sheet metal and plastics processing. Benedikt Ruf, co-CEO of Gindumac, commented, “We achieved another outstanding year in 2023, emphasising process efficiency and customer proximity. We successfully secured substantial market share, maximised customer satisfaction and enhanced the quality of our offerings.”

(From left) Gindumac co-CEOs Benedikt Ruf and Daniel Kaiser

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July 2024