Leading woodworking machinery and technology manufacturer, Weinig Group, is investing €15m in its Panel Processing division to promote its subsidiary, Holz-Her. The multi-million pound investment, which is expected to significantly increase capacity and enable further growth, follows the machinery manufacturers recent move to state-of-the-art premises in Nürtingen, 18 months ago.
Due to unprecedented growth over the last four years, which has seen the company reach maximum capacity, a comprehensive investment program has been agreed. This will include:
1. Further expansion of steel machining and extension of assembly areas: in addition to the investment made in 2018, which saw the expansion of Holz-Her’s steel machining area, there will be a new hall and a new centre for steel machining. The assembly area will be expanded to measure 1700m2.
2. Redesign of the logistics concept at the production site: the existing logistics concept will be revised and restructured, with new, highly-automated warehouses built for pallets, bars and small parts.
3. Expansion of the showroom and renovation of the office premises at the Voitsberg site.
The €15m investment will not only increase production capacity but also create space to expand the company’s product portfolio in the future.
In view of investments already made in 2019 (€5m) and 2020 (€12m), which were primarily aimed at the sales, service and development site in Nürtingen, Weing’s continual commitment to Holz-Her underlines the importance of the partnership and its employees.
The Weinig Group is well positioned with its two divisions in solid wood and panel processing. This is due not least to the special commitment of its employees, to whom the company would like to express its gratitude.
“We are very much looking forward to continue shaping the future of Holz-Her together,” said Gregor Baumbusch, CEO of the Weinig Group, and Frank Epple, managing director of Holz-Her.
