Vecoplan invests in production modernisation and personnel. The company’s goal of increasing added value for its customers as well as the strong demand for its products were key factors in Vecoplan’s decision to invest several million Euro in the further modernisation of its production, even in these difficult times.
The company intends to use this investment to build up capacities and optimise processes. Vecoplan will invest the lion’s share of the capital in the production of shredding technology and around a third of it in conveying and storage technology. The subsidiary in North Carolina, USA has already invested around 10% for the mobile shredding business.
Since the outbreak of the pandemic, Vecoplan has been able to avoid measures such as short-time work, job cuts and shutdowns.
“We still expect the markets to fully recover, so we’re continuing to invest in the training and further education of our employees – and we’ll even be greatly expanding our workforce,” says Michael Lambert, CFO of the Vecoplan Group. Vecoplan also strengthened its service division in recent months with 10 new employees.
Vecoplan AG is a leading manufacturer of machines and systems for the resources and recycling industry for shredding, conveying and reprocessing wood, biomass, plastics, paper and other recyclable materials such as domestic and industrial waste.
