With the groundbreaking ceremony in Schopfloch, the building work for an extension at the Homag Group officially began on July 7th, 2021. The company is investing around €10m in expanding and modernising its production capacities. The new building is part of the largest investment program in the company’s history.
The extension, measuring approximately 6700 sq m, is planned to be used for assembly and shipping. In doing so, Homag is combining the activities which have to date been decentrally managed at its Schopfloch plant.
CFO Rainer Gausepohl explained in his speech that the plan is to close down some of the current assembly sites outside Schopfloch and to reduce external warehouse space. “We will thus save rent and transport costs. But the biggest benefit of the new building lies in the optimization of processes and an improved material flow within the plant.”
The new extension is due to be completed by early 2022 and is scheduled for gradual commissioning over the first six months of next year. The building extension is the beginning of the largest investment program in the company’s history, set to support the Homag Group’s growth trajectory. As announced in April, the company wants to invest around €100m over the next three years, of which a total of €60-80m is earmarked for modernising the Schopfloch HQ. It will house a customer centre, modern office buildings, a contemporary staff restaurant, and a logistics center. The construction of a new plant is also being planned for Poland.
