CHARLOTTE, NC – Biesse S.p.A., parent company of Charlotte-based Biesse America and Intermac America, released second quarter results, which show a significant growth in revenue and net profits over last year. The company’s revenues are up 29.8%, totaling $183.6 million for the second quarter of 2007 compared to $141.4 million from the same period last year. The company said pre-tax profits are up 73% and net profits are up 41.6% over the second quarter 2006. Of its three business divisions, Wood continues to be the company’s mainstay, accounting for over 75% of sales.
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