GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Real Estate and Retail

 
  Share
  1. SIMCO to set up operations in Oman and Kuwait due to strong demand for manufacturing and woodworking machineries
  2. SIMCO grows from strength to strength with turnover exceeding Euro 100 million
  3. EMEA woodworking machine market exceeds Dh7.7 billion
  4. Global woodworking market growth forecast to reach Dh16 billion and at a CAGR of around 3% in 2021, by Technavio Research

Dubai, UAE, February 25, 2018:  SIMCO Industrial Machinery, a UAE-based pioneer aluminium, woodworking and steel machinery importer, exporter and supplier, will expand operations into Oman and Kuwait as part of its Gulf-wide expansion that will help the company support the growth of the region's manufacturing industries.
 
“SIMCO currently operates three branches in Saudi Arabia, Qatar and Iraq and we are planning to expand in coming years by opening branches in Oman and Kuwait,” Eng. Raed Zuhier Damrah, Manager of Wood Division of SIMCO Industrial Machines Trd. Co. LLC, says.
 
“The manufacturing sector is aggressively booming year after year. We have seen massive growth in our industry and by year 2020 we have great expectations from this market. The advantage of being with SIMCO is that we are financially strong enough to undergo any face growth.”
 
SIMCO, a company that celebrates its silver jubilee this year, will unveil new technologies-enabled and high-performance machineries that will boost industrial output in the UAE and GCC – at the Dubai WoodShow 2018 that takes place from March 12-14 2018, in conjunction with Dubai International Furniture Accessories, Components and Semi-Finished Products Show (DIFAC) 2018 at Dubai World Trade Centre, Dubai, UAE.
 
Participation in international industry events – such as Dubai WoodShow – is part of company's expansion plans to go global.  SIMCO is considered a pioneer in UAE's aluminium, woodworking, sheet metal, steel fabrication machinery market with major projects under its belt. Business success is due to Simco's in-depth knowledge and track-record of handling complex projects.
 
“During Dubai WoodShow, we are exhibiting all our latest machineries which are useful for the industrial growth with latest innovations and upgradations. The intention for this participation is to accept the challenges of our customer's demand and to provide them the solution to their demand being as a consultant and machine supplier,” Raed Zuhier said.
 
“SIMCO is a multinational company and our core business is industrial machine trading import and export throughout GCC, MENA Region, Asia and Africa continents. We generally import the machines from various countries from our suppliers and we do the marketing for their products and find potential customers to sell it locally and internationally. Being a giant company, we have our own maintenance team to take care of our customers as after sales services.”
 
Increased crude oil price that is touching US$70 a barrel, will help the GCC economy that in turn will also help the Dh.7.7 billion woodworking machinery market in Europe, Middle East and African countries and Simco's new machine tools will help boost the industry capacity to meet growing demand.
 
Mr. Dawood Al Shezawi, CEO of Dubai WoodShow committee, commented: “SIMCO has been our major partner since we started the show. We are delighted to see Simco using our industry platform for their growth. We are committed to support the wood and related industries through our ever-expanding shows and conferences. In line with the futuristic vision of UAE rulers, we believe we grow together and which is the hallmark of UAE's bustling economy.”
 
According to new study conducted by Technavio Research, the global woodworking market to grow steadily at a CAGR of around 3 per cent by 2021. The key growth factor for this market is demand for engineered wood and wooden furniture. The industry experts say that this market is growing because the real estate developers and end-users are giving more importance to the aesthetic look of the buildings.
 
The huge range of products showcased at the Dubai WoodShow include wood products, woodworking machinery, blades and knives, tools, abrasives, industry solutions, and much more. The show, being highly specialised, provides the perfect opportunity for the regional and international companies to showcase and learn about wood and woodworking and to build new strategic relationships with buyers, traders and investors.
 
The Dubai WoodShow is one of the biggest events of the industry in the region and across the world. Last year's edition is witnessing the largest participation, in terms of visitors, exhibitors and the exhibition space. In addition, the organisers anticipate more than 300 exhibitors from over 106 countries to visit the show. The total area of the exhibition is 17,388 square meters, offering exhibiting the companies a chance to display their products and offerings in a vast setting.

 



Posted by : GoDubai Editorial Team
Viewed 19154 times
Posted on : Sunday, February 25, 2018  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Dowdupont Announces Brand Names For The Three Independent Companies It Intends To Create, Reflectin...
Next Story : Deloitte GCC Powers of Construction report: If it's fundable, it's feasible
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Put your best skin forward for Spring/Summer 19' with Kocostar's Camouflage range
The Amphis Ritual
Celebrate Mother's Day with the perfect gift from Sawalef Perfumes
The essence Guide to a Mother's Day done right!
Salvatore Ferragamo Timepieces - Spring/Summer 2019 Collection
Now United to Perform at World Games' Opening Ceremony Pre-Show
Time to Honour Our Moms with the Best from HONOR: Mother's Day Gift Guide
Get Kylie Minogue's Youthful Complexation with The Organic Pharmacy's Rose Diamo...
Visa partners with Starbucks & Hardee's to help promote the use of Apple Pay in ...
Dubai Festival City Mall picks the perfect gifts to say thank you to all mums th...
Trade-in Your Old Device for a brand new Galaxy S10
Splash launches Regional Designer Collaborations
Desigual ‘Not the Same' Since 1984
Zoho sees over 100% market growth in the UAE, announces initiatives for the region
World's most expensive perfume ‘SHUMUKH' launched at The Dubai Mall as an exquis...
A major presence of the French cosmetics industry at Beauty World Middle East in...
Go on, catch the summer moments
Giti Tire Celebrates New Beginnings with Opening of First Middle East Flagship S...
TREND ALERT: Denim | Marks & Spencer
Ericsson and UNESCO launch new global AI skill development initiative for youth
Lulu Promotes Food Is Great Britain: A British Food Festival
LG's Smart Kitchen Appliances Help Families Eat Healthy, Stay Fit and Waste Less
Fit and Fabulous – now a possibility with HONOR technology
Hucklebones create charming pieces for girls filled with easy-going elegance for...
Step up your make-up game for Spring/Summer '19 with Lottie London
HP Raises the Bar for Exciting and Secure Devices with Cutting Edge PC Innovations
It just keeps getting better: Nokia 3.1 gets a fresh slice of Android 9 Pie
Cole Haan Delivers True Performance Footwear With the Release of the Zerøgr...
Michael Michael Kors Spring 2019: Middle East Edit
Coach presents Park Collection
Epson's latest A4 business inkjets help businesses print more for less
Smiles, and Medals, All Round After Double Success for Team GB Siblings at World...
MOTIONGATE™ Dubai launches special treat for moms to celebrate Mother's Day on ...
Olivia Burton presents Sunlight Florals/Mothers and daughters collection
Dubai Customs celebrates the Emirati Children's Day
Speech by HE Abdulrahman bin Mohamed Al Owais, Minister of Health and Prevention...
Malabar Gold & Diamonds actively participated in UAE National Sports Day conduct...
Sahara Centre Welcomes Customers with the ‘Win Wheels with Meals' Campaign
Etihad Airways Welcomes Ireland's Minister for Transport, Tourism and Sport to I...
More than 3000 people visit Emirates A380 at first Saudi International Airshow
HUGO BOSS Watches INTENSITY Collection
First in Asia, Aster CMI Doctors rescue teen suffering from rarest of the rare g...
Italian Design Day returns to Dubai with the theme Internet of Things
Fintech will radically improve financial health of people in the Gulf, say experts
Jaguar F-Pace: 300 Sport and Chequered Flag Special Editions Join Award-winning...
Emirates Foundation's Think Science Fair kicks off in Fujairah
New 2019 Cadillac CT6 makes its Middle East debut
First edition of Abu Dhabi Engine Week coming soon to the capital
Etisalat AGM approves Full-year 2018 dividends of 80 fils per share
The S Hotel Al Barsha to Debut at Arabian Travel Market