The Weinig Group is investing Euro 15 million in its Panel Processing division to promote its subsidiary Holz-Her. The investment totaling Euro 15 million will thus not only increase production capacity, but also create space to expand the company’s product portfolio in the future.

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Weinig Group invests Euro 15 million in subsidiary Holz-Her

Weinig Group invests Euro 15 million in subsidiary Holz-Her

The Weinig Group is investing Euro 15 million in its Panel Processing division to promote its subsidiary Holz-Her. The company, which has been part of the 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.

Holz-Her, a machine manufacturer founded in 1914 and part of the Weinig Group since 2010, has grown so strongly in recent years that it has repeatedly reached the limits of its production capacity. The first 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:

- Further expansion of steel machining and extension of assembly areas. In addition to the investment made in 2018, there will be a new hall and a new center for steel machining. The assembly area will be expanded by 1,700 sqm.

- Redesign of the logistics concept at the production site. The existing logistics concept will be comprehensively revised and restructured. For this purpose, new warehouses with a high level of automation will be built (for pallets, bars and small parts).

- Expansion of the showroom and renovation of the office premises at the Voitsberg site.

The investment totaling Euro 15 million will thus not only increase production capacity, but also create space to expand the company’s product portfolio in the future.

The Weinig Group is well positioned with its two divisions Solid Wood and Panel Processing.