TEL AVIV, August 14, 2023

SMARTECH, a leading provider of cutting-edge technology solutions for the global wood-based panel industry, proudly announces the successful commissioning of the SMARTWAX ECO System at Greenply Industries' brand-new MDF mill in Gujarat, India. This exciting milestone marks a significant leap forward in eco-friendly and efficient manufacturing processes.

Greenply Industries' greenfield mill achieved an incredible feat by producing its first board in a mere 15 months.

The SMARTWAX ECO System generates an innovative in-line wax suspension that delivers exceptional performance and coverage to fibers. One of the key advantages of the SMARTWAX ECO System is its precision in wax distribution, ensuring that only the necessary amount is used to meet stringent quality specifications. By doing so, Greenply significantly reduces the use of wax and saves considerable costs while impacting on the environment with the elimination of excess wax usage. This remarkable achievement aligns perfectly with Greenply's commitment to sustainability and responsible resource management.

Mr. Hansjorg Prettner, VP Europe and Asia praised the outstanding collaboration with EVP Mr. Roman Poddar and his team, which led to the successful design, delivery, and satisfaction of Greenply with this exceptional project. Thanks to the SMARTWAX ECO System, Greenply has seen a remarkable 30% reduction in wax expenditure.

Speaking about the revolutionary system, Mr. Roman Poddar, expressed his delight, stating, "The performance of the SMARTWAX ECO System has surpassed our expectations, saving us substantial costs right from day one. We are thrilled with the results."

Mr. Hanoch Magid, CEO of SMARTECH, added, "This achievement further demonstrates the immense value that SMARTECH technology brings to the wood-based panel sector. Our SMARTWAX and SMARTRESIN Systems, coupled with AI-based Autonomous Manewfacturing™ software solutions, empower our global customers to enhance profitability and embrace sustainability."

With the SMARTWAX ECO System paving the way for smarter, greener production processes, Greenply Industries is positioning itself as a leader in the wood-based panel industry. As they continue to adopt cutting-edge technologies, they are poised to inspire change and drive positive transformation in the manufacturing landscape.

About SMARTECH
SMARTECH is a pioneering hi-tech company that provides game-changing technologies to the global manufacturing industry. SMARTECH revolutionizes traditional manufacturing by reducing raw materials use and unleashing the latent potential of data, and helps industries upgrade their plants to smart and autonomous factories by transforming existing production lines into high-performing, data-driven and sustainable assets.

SMARTECH – Manewfacturing™ Technologies is headquartered in Israel, with a presence in the USA, Canada, Europe, Asia and Latin America.

For more information about SMARTECH's innovative tech solutions for the traditional manufacturing sector, visit our website www.smartech.com or follow us on LinkedIn.

For media and press inquiries, please contact:
Ms. Nathalie Vaknin, VP Marketing
SMARTECH Manewfacturing™ Technologies
+972 54-760-7024
nathalie.vaknin@smartech.com

Tel Aviv, 3 August 2023

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SMARTECH is proud to announce that it has been appointed to the prestigious vice-chairmanship of the Intelligent Manufacturing Sub-association (IMS) of National Forest Production Industry Association in China as of July 2023. The IMS is the leading association promoting AI-based manufacturing technology solutions to the Chinese forestry sector.

SMARTECH is a leading technology vendor to the global wood-based panel manufacturing sector. SMARTECH offers manufacturers acclaimed Smart Material Systems to reduce the use of raw materials and the Autonomous Manewfacturing™ AI-based Platform that unleashes the power of data in the production lines.

The former includes SMARTWAX and SMARTRESIN Systems, which via proprietary technology improve the distribution of wax and resin, respectively, in the manufacturing process, without any deleterious effects on board properties.

The latter Autonomous Manewfacturing™ Platform is the first closed-loop autonomous control system for critical production processes in the forest products sector. With partnerships with international market players in the wood products ecosystem, SMARTECH is the first to offer AI tools to increase production throughput, improve quality and lower manufacturing costs. SMARTECH has energetically promoted the benefits of AI technology for wood manufacturing at multiple global forums, such as LIGNA, and will continue to use its position to endorse the adoption of AI to improve sustainability and productivity.

Hanoch Magid, SMARTECH CEO to say "It is an honor to take this leadership role for encouraging the adoption of AI technology. We appreciate the recognition of SMARTECH as a thought leader in this space and we are optimistic that we will have a positive impact on the IMS and the forest products ecosystem.”

Hans Prettner, SMARTECH VP Europe and Asia to add "We are proud to assume this high-profile role. We hear frequently from forestry sector manufacturers keen on incorporating AI technology and we look forward to promote its benefits for the industry as a whole."

About SMARTECHSMARTECH is a pioneering hi-tech company that provides game-changing technologies to the global manufacturing industry. SMARTECH revolutionizes traditional manufacturing by reducing raw materials use and unleashing the latent potential of data, and helps industries upgrade their plants to smart and autonomous factories by transforming existing production lines into high-performing, data-driven and sustainable assets.

SMARTECH – Manewfacturing™ Technologies is headquartered in Israel, with a presence in the USA, Canada, Europe, Asia and Latin America. For more information about SMARTECH's innovative tech solutions for the traditional manufacturing sector, visit our website www.smartech.com and follow us on LinkedIn.

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For media and press inquiries, please contact:

Ms. Nathalie Vaknin, VP Marketing

Email: nathalie.vaknin@smartech.com

Phone: +972 54 760 7024

Caesarea, 11 July 2023

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Read the exclusive interview with our visionary CEO Hanoch Magid and VP Sales, Hans Prettner, as they offer a glimpse into the exciting future of cutting-edge AI technolog for the wood-based panel industry.

Tel Aviv, June 15, 2023

SMARTECH, a leading technology provider to the wood-based panel industry, announces its positive reception as a first-time exhibitor at LIGNA 2023 in Hannover, Germany.

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LIGNA, the flagship global wood products expo and trade fair held biannually in Hannover Germany, showcased top vendors across all wood product industry sub-sectors. SMARTECH, exhibiting for the first time, received unprecedented interest from wood-based panel manufacturers and adjacent wood sector technology vendors. Of particular interest were the raw material solutions for lowering manufacturing costs and SMARTECH AI-based autonomous manufacturing solution for bringing closed-loop autonomous control to critical production processes.

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Hanoch Magid, SMARTECH CEO said: "Wood-based panel manufacturers sought improvements to their manufacturing cost structure and were very pleased to hear about our SMARTWAX, SMARTMDI and SMARTPF Systems. However, what stole the show was the reception to our Autonomous Manewfacturing™ Solution, a first of the kind software that brings autonomy to production lines. We have a lot of work cut out for us until the next LIGNA. I want to take this opportunity to thank SMARTECH’s incredible team that showed enthusiasm, devotion and professionalism during the whole week, and acknowledge LIGNA’s organizers for putting on an outstanding show after a prolonged break."

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Oren Yahav, SMARTECH’s AI Director, who stated that autonomy is the future of the wood-based panel industry in his talk on LIGNA.stage, said "We were overwhelmed by the sheer number of vendors from adjacent subsectors in the wood products industry who were interested in incorporating our AI technology in their offerings."

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SMARTECH co-presented with Siempelkamp during the week their co-product: ProdIQ SmartPress that grabbed the attention of senior plant executives and showcased their raw material systems with ANDRITZ that showed strong signs of interest.

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Hansjorg Prettner, vice-president APAC and Europe at SMARTECH to conclude: “It was our first venue at LIGNA and it was a true success! Today we are recognized as a trusted tech provider of super innovative solutions revolutionizing the wood-based panel industry and many returns are expected from the show. We look forward to repeating such excellent exposure and business opportunities at the next LIGNA trade fair in 2025.”

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To learn more about the way SMARTECH brings autonomy to production lines, Oren Yahav’s talk as available HERE.

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About SMARTECH

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SMARTECH is a pioneering hi-tech company that provides game-changing technologies to the global manufacturing industry. SMARTECH revolutionizes traditional manufacturing by reducing raw materials use and unleashing the latent potential of data, and helps industries upgrade their plants to smart and autonomous factories by transforming existing production lines into high-performing, data-driven and sustainable assets.

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SMARTECH – Manewfacturing™ Technologies is headquartered in Israel, with a presence in the USA, Canada, Europe, Asia and Latin America.

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For media and press inquiries, please contact:

Ms. Nathalie Vaknin, VP Marketing

Email: nathalie.vaknin@smartech.com

Phone: +972 54 760 7024

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Caesarea, 8 May 2023

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SMARTECH, a leading technology vendor to the manufacturing sector, is announcing its participation at LIGNA 2023 from May 15-19th in Hannover, Germany.

“With global interest in AI and sustainability surging, this is the right timing for us to share our vision and leadership, and showcase our game-changing product portfolio on both fronts at LIGNA” said Hanoch Magid, SMARTECH’s CEO. “Both of these themes are addressed with SMARTECH's Autonomous Manewfacturing™ software and set of cutting-edge raw material management systems that have been successfully installed at many OSB, PB and MDF manufacturing plants around the globe to help wood-based panel manufacturers deliver on performance and profitability.”

At LIGNA trade fair 2023, SMARTECH will reveal its brand-new corporate identity reflecting its super-innovative technologies for the traditional manufacturing sector. SMARTECH will be showcasing at booth C28 in Hall 26 its smart raw material systems- SMARTWAX and SMARTMDI for reducing respectively wax and resin consumption and its breakthrough AI-powered Autonomous Manewfacturing™ solution offering wood-based panel manufacturers meaningful savings and a boost in profitability.

In parallel, the SMARTECH team will co-present the joint ProdIQ SmartPress AI-based solution at the Siempelkamp booth E27 in Hall 26, and will give daily expert talks during the week about the way their co-solution can deliver better results and make wood-based panel manufacturers more profitable.

For its first venue SMARTECH has planned a Happy Hour to celebrate SUCCESS with its partners and customers on Tuesday May 16, 2023 at 16:00 at its booth.

On Thursday May 18th 2023 at 14:40, SMARTECH's AI Director, Oren Yahav will be presenting at LIGNA.Stage in Hall 16: "Is Autonomy the Future of Wood-Based Panel Industry?” and we would like to take this opportunity to invite LIGNA participants and our customers worldwide to join us in-person or via the online broadcast to learn how autonomous manufacturing is going to revolutionize the traditional manufacturing sector.

About SMARTECH

SMARTECH is a pioneering hi-tech company that provides game-changing technologies to the global manufacturing industry. SMARTECH revolutionizes traditional manufacturing by reducing raw materials use and unleashing the latent potential of data, and helps industries upgrade their plants to smart and autonomous factories by transforming existing production lines into high-performing, data-driven and sustainable assets.SMARTECH Manewfacturing™ Technologies is headquartered in Israel, with a presence in the USA, Canada, Europe, Asia and Latin America.

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For media and press inquiries, please contact:

Ms. Nathalie Vaknin, VP Marketing

Email: nathalie.vaknin@smartech.com

Phone: +972 54 760 7024

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Caesarea, 30 March 2023

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SMARTECH CEO Hanoch Magid was interviewed by Wood-Based Panels International, regarding SMARTECH's offerings, prospects and acceptance in the wood-based panel industry.

To read the full feature, download here:

Tel Aviv, 23 March 2023  

SMARTECH is proud to announce that last month it has been recognized by People and Computers in its annual competition for IT Excellence for its outstanding implementation of Autonomous Manufacturing project in the field of Smart Factories.

SMARTECH deployed its exceptional AI-based Autonomous Manufacturing Platform at a leading European manufacturer in the traditional manufacturing sector. The Autonomous Manufacturing solution increases production throughput, product quality and lowers cost by driving autonomously critical manufacturing processes.

This is the first year that SMARTECH has participated in the competition for IT Excellence by People and Computers. SMARTECH is delighted to win the award in the category of SMART FACTORIES, Robotic Process Automation.

Oren Yahav, Director of AI said "We are very excited about this implementation of Autonomous Manufacturing at a leading manufacturer. We are grateful for this recognition and are confident that this challenging project will become a lodestar for implementation of autonomy in traditional manufacturing."

Hanoch Magid, CEO of SMARTECH said: "We are the pioneer-in the development and implementation of autonomous solutions for the industrial sector. The benefits are substantial for manufacturers struggling with rising costs for inputs, shortages of skilled operators and sustainability targets. With our AI-based Autonomous Manufacturing software in hand,manufacturers can enhance their business and operational targets and take the step forward for operational excellence. We are grateful for the recognition of People and Computers and thank them for this honor."

About SMARTECH – Manewfacturing™ Technologies

SMARTECH is a pioneering hi-tech company that provides game-changing technologies to the global manufacturing industry. SMARTECH revolutionizes traditional manufacturing by reducing raw materials use and unleashing the latent potential of data, and helps industries upgrade their plants to smart factories by transforming existing production lines intohigh-performing, autonomous, data-driven and sustainable assets. SMARTECH is headquartered in Israel, with a presence in the USA, Canada, Europe, Asia and Latin America.

About People & Computers IT Awards

People & Computers hosts an annual awards event to acknowledge outstanding IT projects involving Israeli companies. The jury is made up of a group of distinguished industry representatives who select the top projects which showcases the depth and breadth of industry accomplishments. For more information, see https://www.pc.co.il/

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For media and press inquiries, please contact:

Ms. Nathalie Vaknin, VP Marketing

Email: nathalie.vaknin@smartech.com

Phone: +972 54 760 7024

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Caesarea, 21 February 2023

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SMARTECH, a pioneering hi-tech company that develops innovative engineered systems to reduce raw materials use, is proud to announce that they have received a new order from EGGER Group to deliver four additional SMARTWAX Systems in 2023 with an option for four supplementary systems in 2024.

This order continues the long-running relationship between the two companies. EGGER currently operates several SMARTWAX Systems at select facilities in Europe.

SMARTWAX is SMARTECH's patented and renowned in-line wax suspension solution that dramatically reduces the use of wax in the manufacturing of wood products and provides exceptional cost savings to manufacturers.

With installations in wood panel mills around the globe, SMARTWAX drives a step-change reduction in production costs while enhancing the product quality. SMARTWAX Systems are easy to install and operate, and result in unprecedented cost savings allowing a quick ROI (return on investment) to the manufacturer.

In addition to growing panel demand worldwide, over the last few years, wood-based panel manufacturers have faced turbulent wax and resin pricing and SMARTECH is glad to play a key role in mitigating this risk.

Hans Prettner, VP APAC and Europe said: "We are grateful to the EGGER Group for choosing our SMARTWAX Systems again and for the excellent cooperation we have had with them throughout the entire process. We are excited to see the positive impact that these new units will have on their operations and we look forward to a busy and fruitful 2023 and 2024.

"Hanoch Magid, CEO of SMARTECH said: "We strongly believe that this is a big win for both sides and we are really happy to deepen our engagement with a storied manufacturer like EGGER. We are looking forward to serve more wood-based panel manufacturers with our industry renowned technology and our new AI-based breakthrough Autonomous Manufacturing solution. We are committed to deliver the best outcome to our customers and are looking forward to work together for many years to come."

About SMARTECH, Manewfacturing™ Technologies

SMARTECH is a pioneering hi-tech company that provides game-changing technologies to the global manufacturing industry. SMARTECH revolutionizes traditional manufacturing by reducing raw materials use and unleashing the latent potential of data, and helps industries upgrade their plants to smart factories by transforming existing production lines into high-performing, autonomous, data-driven and sustainable assets. SMARTECH is headquartered in Israel, with a presence in the USA, Canada, Europe, Asia and Latin America.

About EGGER Group

The family company, founded in 1961, employs approximately 11,100 people. At 21 plants worldwide, they produce an extensive product range of wood-based materials (chipboards, OSB and MDF boards) as well as timber. The company generated a turnover of EUR 4.23 billion in the 2021/2022 business year and has worldwide customers in the furniture industry, wood and flooring retailers, as well as DIY markets. EGGER products are found in countless areas of private and public life, including kitchens, bathrooms, bedrooms, offices, hotels and shops. EGGER is a full-range supplier for the furniture industry, interior design, wood construction and wood-based flooring industries.

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For media and press inquiries, please contact:

Ms. Nathalie Vaknin, VP Marketing

Email: nathalie.vaknin@smartech.com

Phone: +972 54 760 7024

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Caesarea, 1 February 2023

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After reviewing hundreds of nominations over six months in its quest to identify Israel’s most disruptive companies, Solution Nation names SMARTECH one of the First 40 companies. “The worldwide multi-trillion-dollar manufacturing industry is ripe for disruption. Israel-based SMARTECH is in the process of transforming manufacturing from top to bottom. SMARTECH brings long-needed innovation to industrial process control. Its AI-driven solution brings real-time closed-loop autonomous control to critical manufacturing processes, making line operators time on the job dramatically more productive and predictable, and substantially improving three main production parameters – cost, productivity and quality” according to Shoan Snoday, President of Solution Nation.

Hanoch Magid, CEO of SMARTECH, said, “We are delighted to have been named a Solution Nation First 40 Company. We appreciate the hard work that the Solution Nation team spent vetting so many promising companies.”

David Wanetick, author and CEO of Solution Nation, stated, “Our First 40 selection criteria included size of addressable market, soundness of business plan, evidence of traction, uniqueness of product offering and a management team with demonstrated success. Based on our review, SMARTECH checked those boxes. We look forward to watching SMARTECH deploy its smart and autonomous manufacturing innovations in a growing number of industries and countries around the world.”

About SMARTECH:SMARTECH is a pioneering hi-tech company that provides game-changing technologies to the global manufacturing industry. SMARTECH revolutionizes traditional manufacturing by unleashing the latent potential of raw materials and data, and helps industries upgrade their plants to smart factories by transforming existing production lines into high-performing, autonomous, data-driven and sustainable assets. SMARTECH, Manewfacturing™ Technologies is headquartered in Israel, with a presence in the USA, Canada, Europe, Asia and Latin America. For more information about SMARTECH solutions, visit www.smartech.com.

About Solution Nation:Solution Nation is developing a unique platform dedicated to connecting public and private Israeli companies with investors from all over the world. Solution Nation created the world’s most robust library of podcasts focused on the Israeli innovation ecosystem.Solution Nation’s First 40 Companies is a list of 40 of the most promising companies in Israel. The selection process involves soliciting nominations from a wide range of professionals in the investment and business communities, both within Israel and internationally. Companies that are named to the "First 40" list are considered to be at the forefront of innovation and are likely to have significant growth potential. www.solutionnation.info

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For media and press inquiries, please contact:

Ms. Nathalie Vaknin, VP Marketing

Email: nathalie.vaknin@smartech.com

Phone: +972 54 760 7024

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7 December 2022

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Read the interview of our CEO, Hanoch Magid, published in People and Computers Magazine (in Hebrew) and learn how SMARTECH is revolutionizing the manufacturing sector by transforming traditional plants into smart and autonomous factories.

We are proud that our partnership with Siempelkamp is featured in one of the leading panel industry magazines in Asia.

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For the complete text please click on the link below

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Siempelkamp, one of the leading global wood panel equipment suppliers, held a successful customer day in Turkey and featured the collaborative work with SMARTECH on Autonomous Manufacturing.

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Stephan Niggeschmidt, managing director of Siempelkamp Logistics and Service said positively: "This concept will enable wood-based panel plant operators to realise unimagined benefits by unlocking the potential in the data, enabling Prod-IQ · SmartPress to further increase the productivity of their plants".

For further details, please click on the link below

Caesarea. 12 October 2022

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SMARTECH, a pioneering Israeli hi-tech company that develops smart technologies for the traditional manufacturing sectors, announced today the signing of a partnership agreement with the giant Siempelkamp. The agreement calls for a technology and commercial collaboration to bring breakthrough autonomous process control to engineered wood panel manufacturing plants.

The two parties will jointly offer the closed-loop Prod-IQ · SmartPress solution for engineered wood panel presses. The Prod-IQ · SmartPress solution utilizes AI and machine learning algorithms and real-time data to directly increase press throughput and quality while lowering manufacturing costs.  

The Prod-IQ · SmartPress architecture aggregates real-time production parameters along with contextual input from various press operators, and then generates a new operational base-line for higher performance levels across the mill's shifts. Autonomous process decision-making has conventionally resided with the machinery operator, Prod-IQ · SmartPress now shifts autonomous decision-making to the plant itself.

Siempelkamp and SMARTECH have validated the unprecedented capabilities of Prod-IQ · SmartPress on a full-scale wood panel production line with a leading global engineered wood panel manufacturer.

Hanoch Magid, CEO of SMARTECH said: “We are delighted to offer this unique AI-based solution to the wood-based panel sector, and we expect it will quickly become the North Star for Industrial Autonomy in the industry. We are extremely proud to partner with Siempelkamp on Prod-IQ · SmartPress.”

Mr. Hansjoerg Prettner, SMARTECH’s VP Europe and Asia and a wood-panel industry veteran with almost twenty-years experience said: “The capabilities of Prod-IQ · SmartPress have shown that innovative AI technologies can bring unprecedented benefits to manufacturers by unleashing the potential of data and increasing productivity. SMARTECH and Siempelkamp are revolutionizing the wood panel sector with their AI-based solution that it is far beyond industry 4.0”.

Mr. Gregor Bernardy, Head of MES and Industrial IT Solutions at Siempelkamp added: “We are enthusiastic to offer the AI-based Prod-IQ · SmartPress closed-loop solution together with SMARTECH to help wood manufacturers extract even more value from their panel presses, and ultimately improve their bottom-line. This software tool will equip manufacturers with leading-edge technology to successfully face their operational challenges.”

Mr. Marc Müller, Head of Sales at Siempelkamp, underlined: "For many years we have been pursuing our strategy of a self-optimizing plant. With our Prod-IQ · SmartPress solution,we have now developed the final building block for this in our Prod-IQ® software family with a strong partner. This enables our customers to achieve operational excellence at the highest level.”

About SMARTECH

SMARTECH is a pioneering hi-tech company that provides game-changing technologies to the global manufacturing industry. SMARTECH revolutionizes traditional manufacturing by unleashing the latent potential of raw materials and data, and helps industries upgrade their plants to smart factories by transforming existing production lines into high-performing, autonomous, data-driven and sustainable assets. We spark new possibilities for manufacturing with intelligence.

SMARTECH, Manewfacturing™ Technologies is headquartered in Israel, with a presence in the USA, Canada, Europe, Asia and Latin America. For more information about SMARTECH solutions, visit www.smartech.com.

About Siempelkamp

As a technology provider for machinery and equipment, casting and nuclear technology the Siempelkamp group has an international footprint. We are a system supplier of press lines and complete plants for the wood-based panel industry, metal forming, as well as the composites and rubber industries. With one of the world’s largest hand-molding foundries, we manufacture large cast parts at our Krefeld location; these have a total unit weight of up to 320 t. We also provide transport and storage containers for radioactive waste, and specialize in the dismantling of nuclear plants. The wood-based panel industry forms one of our central markets and our core competence: We cover the entire production process for wood-based panels – from round log and raw material handling up to storage and handling solutions for the finished wood-based panels as well as new approaches of machine learning. We provide our customers with comprehensive after sales & service throughout the entire life cycle of their plant.

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For media and press inquiries, please contact:

Ms. Nathalie Vaknin, VP Marketing

Email: nathalie.vaknin@smartech.com

Phone: +972 54 760 7024

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Caesarea, 4 October 2022

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SMARTECH and Siempelkamp are proud to announce their collaboration to ignite a manufacturing revolution with artificial intelligence for the wood-based panel industry. Siempelkamp, one of the world's leading providers of wood panel manufacturing lines, and SMARTECH, an acclaimed and innovative hi-tech company, will partner together to bring a major transformation to the manufacturers of engineered wood panels.

“Siempelkamp is a global leader in supplying press lines to the wood-based panel industry and we are excited to be working together. Technology is the key for better growth and a better future. The synergy between Siempelkamp and SMARTECH will drive the market with a game-changing solution.” says Hanoch Magid, CEO of SMARTECH.

"We believe our collaboration with SMARTECH will drive the next generation of wood-based panel manufacturing. We look forward to working together to bring to market the most cutting-edge technology with a massive impact for our customers," says Gregor Bernardy, Head of MES and Industrial IT Solutions, Siempelkamp Logistics and Service GmbH.

About SMARTECH

SMARTECH is a pioneering hi-tech company that provides game-changing technologies to the global manufacturing industry. SMARTECH revolutionizes traditional manufacturing by unleashing the latent potential of raw materials and data, and helps industries upgrade their plants to smart factories by transforming existing production lines into high-performing, autonomous, data-driven and sustainable assets. We spark new possibilities for manufacturing with intelligence.

SMARTECH, Manewfacturing™ Technologies, is headquartered in Israel, with a presence in the USA, Canada, Europe, Asia and Latin America. For more information about SMARTECH solutions, visit www.smartech.com.

About Siempelkamp

As a technology provider for machinery and equipment, casting and nuclear technology the Siempelkamp group has an international footprint. We are a system supplier of press lines and complete plants for the wood-based panel industry, metal forming, as well as the composites and rubber industries. With one of the world’s largest hand-molding foundries, we manufacture large cast parts at our Krefeld location; these have a total unit weight of up to 320 t. We also provide transport and storage containers for radioactive waste, and specialize in the dismantling of nuclear plants. The wood-based panel industry forms one of our central markets and our core competence: We cover the entire production process for wood-based panels – from round log and raw material handling up to storage and handling solutions for the finished wood-based panels as well as new approaches of machine learning. We provide our customers with comprehensive after sales & service throughout the entire life cycle of their plant.

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For media and press inquiries, please contact:

Ms. Nathalie Vaknin, VP Marketing

Email: nathalie.vaknin@smartech.com

Phone: +972 54 760 7024

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Caesarea, 17 May 2022

SMARTECH and RoyOMartin announced the successful integration of the SMARTECH AI-based Autonomous Manufacturing Solution (Autonomous MaNEWfacturing™) that was implemented in 2019 at the RoyOMartin Oakdale, Louisiana, Oriented Strand Board (OSB) facility. ‍

This achievement is the culmination of a long-running collaboration between these two industry leaders that has aimed for technology innovation and operational excellence. ‍

The collaboration began in 2015, when RoyOMartin became the first company to acquire SMARTECH’s patented SMARTWAX system for reducing wax and wax emulsion production costs. The SMARTWAX system, designed for the wood panel industry, also improves board quality and raw material efficiency – a green approach that both SMARTECH and RoyOMartin have valued since well before sustainability became a household term.‍‍

“RoyOMartin’s visionary approach and passion for new technologies was a great foundation for our alliance," says Hanoch Magid, SMARTECH CEO. “They were really ahead of their time – which is what makes them so successful, and we feel very fortunate to have an industry leader such as RoyOMartin as a strategic partner and as a first customer for both SMARTWAX and the SMARTPRESS module of our Autonomous MaNEWfacturing™ platform.

”‍‍In 2019, recognizing the importance of adopting artificial intelligence into the manufacturing industry, RoyOMartin became the first company in the world to acquire and implement the SMARTPRESS module. The module is built upon SMARTECH’s Autonomous Manufacturing platform, which utilizes AI, machine learning, neural networks and reinforcement learning to allow many critical production processes to operate autonomously, thus driving manufacturing line improvements. Provided as on-premise software, it harmonizes the performance between different shift operators and stabilizes production, enhances press efficiency and enables higher productivity, so that the manufacturer can expand the capacity of its facility using its existing equipment.‍‍

“We have seen significant value from our collaboration with SMARTECH" says Scott Poole, RoyOMartin President and COO. "The SMARTWAX systems continue to provide significant cost savings. With the AI-based SMARTPRESS, we unlocked additional line capacity at a time when board market demand is near an all-time high. We are committed to innovation and technology and are happy to cooperate with the SMARTECH team in a journey that will lead us even beyond Industry 5.0. We look forward to further technology projects."‍‍

About RoyOMartin
Martco L.L.C. is a subsidiary of Martin Sustainable Resources L.L.C., the Martin family-owned parent to several companies which focus on land, timber, and mineral resources, with a particular emphasis on sustainable forestry and the manufacture of forest-products. It is best known by its trade name RoyOMartin, which honors the entrepreneurial spirit of Roy O. Martin, Sr. who began the family’s first business (a sawmill operation) in 1923. RoyOMartin currently operates two manufacturing facilities in Louisiana. A third facility is operated in Texas by its wholly-owned Texas subsidiary, with a fourth facility currently under construction. With more than 1,200 employees, we are a leading employer in every region in which we operate. For more information, visit www.royomartin.com.

About SMARTECH
SMARTECH is a hi-tech company that provides ground-breaking technology that includes engineered systems and artificial intelligence (AI) solutions for the global manufacturing industry. We revolutionize traditional manufacturing by unleashing the latent potential of raw materials, data and equipment. SMARTECH spurs industries to upgrade their production sites to smart factories by transforming traditional production lines to high-performing, autonomous, data-driven and sustainable assets. We are sparking new possibilities for manufacturing with intelligence.
SMARTECH is headquartered in Israel, and has a presence in the USA, Canada, Europe, Asia and Latin America. For more information about SMARTECH solutions, visit www.smartech.com.

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For media and press inquiries, please contact:

Ms. Nathalie Vaknin, VP Marketing

Email: nathalie.vaknin@smartech.com

Phone: +972 54 760 7024

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