GRAND RAPIDS, MI – Stiles Machinery Inc. announced it will not exhibit at the 2010 International Woodworking Machinery & Supply Fair this August in Atlanta and will instead re-allocate resources that would have been incurred by participating in IWF.

In a press release, the company said, "Stiles has been proud to exhibit at every IWF since its inception, but feels that it is inappropriate to do so this year given economic realities."
 
According to Stephan W. Waltman, VP of marketing, “We maintain our commitment to help our customers succeed and intend to spend our resources directly for the benefit of our client base.”

The news release continued, "Stiles wants their customers to do more than simply survive these economic conditions—they want them to thrive. This decision is just one of the ways the company upholds their promise to help their customers grow their businesses. Stiles will continue to host educational programs and regional technology events in their strategically located facilities to bring the latest developments directly to their client base. By having a wealth of options, Stiles is able to provide a solution without requiring their customers to spend time and money on long distance travel."

Last week, Weinig announced that it would not exhibit at IWF this year. Woodworking Network has learned that several other major woodworking machinery companies plan to announce their IWF plans soon. In addition, IWF officials are expected to release a statement in the near future.