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AKZO CHEMCRAFT August 2022 LEADERBOARD
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Mass timber industry leaders strengthen partnership

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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.
Based in Minden, Germany, MINDA Industrieanlagen GmbH is a world leader in specialized production systems including mass timber components.
For more than 50 years, Stiles has been a North American industry leader in wood manufacturing solutions.

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