Balestrini was founded in 1946 in Italy. The company specializes in woodworking machinery, particularly profiling, moulding, and tenoning equipment. Its main product lines include spindle moulders, profile grinders, tenoning machines, and combined universal woodworking machines.

Balestrini primarily serves the furniture manufacturing, joinery, and woodworking industries. The most popular machine models include the FUTURA series of spindle moulders, the COMBINED series of universal combination machines, and the TENON series of tenoning machines. The brand was acquired by SCM Group in 2002 and continues to operate under the SCM umbrella. Balestrini machines are known for their cast iron construction and manual adjustment systems, targeting mid-to-high volume production environments.