Weinig Group launches €15m investment programme at subsidiary Holz-Her18 January 2022
Leading German woodworking machinery manufacturer Weinig Group is investing €15m in its Panel Processing division to promote its subsidiary Holz-Her.
Holz-Her, which has been part of the Weinig Group since 2010, began to reach its capacity limits in 2019, which is why a large-scale investment project is expected to significantly increase capacity and enable further growth.
Initial investments to expand steel machining were already made in 2018. But in 2019, things quickly became tight again. For this reason, the management board and supervisory board agreed on a comprehensive investment program in three stages:
The first new investment will be further expansion of steel machining and extension of assembly areas, with a new hall and a new centre for steel machining planned. The assembly area will be expanded by 1,700m2.
Second will be the redesign of the logistics concept at the production site. For this purpose, new warehouses with a high level of automation will be built (for pallets, bars and small parts).
Third will be expansion of the showroom and renovation of the office premises at the Voitsberg site.
Earlier investments totalling €5m in 2019 and €12m in 2020 were primarily aimed at the sales, service and development site in Nürtingen.