Weinig Group, a world's leading supplier of wood processing equipment and technology solutions, will launch a comprehensive large-scale investment project of more than 120 million euros (about 846 million yuan) over the next five years. About 70 million euros of the total investment will be used to transform the company headquarters of tauberbischofsheim (Bissaovheim), Germany. EUR 15 million will be used to build a holz-her subsidiary plant in voitsberg (Austria), Austria, to improve assembly, production and logistics processes.
The Weinig Group is 117 years old. The company says it has built a new factory concept that will sustainably modernize its production, optimize its customer delivery capacity and improve the working environment for its employees. Upupdates include new logistics centers, new manufacturing concepts, new production facilities, and new exhibition and customer training rooms. The Weinig Group's supervisory board and management committee highlighted how the upcoming investments will position the company's future. Dr. Thomas Bach (dr. thomas bach), chairman of Weili's supervisory board, pointed out that when a "crisis" such as COVID-19 occurs, the idea of seeing a crisis as an opportunity has been deeply rooted in Wei's corporate philosophy. Thomas Bach said: " The epidemic has driven the conceptual work. We sought, discovered, and seized the opportunity in the crisis. Therefore, we can confidently say today that the Weinig Group suits a successful future."Weinig Group CEO Gregor Bowen Busch (gregor baumbusch) said the wood processing industry is a growth industry, and is driven further by sustainability, and climate protection. The demand for machines and solutions serving this market is high and continues to rise. As a result, Weinig Group will invest another 40 million euros to expand its product portfolio.
"Now that we have the widest portfolio of products in the global Solid Wood industry, especially in the rapidly growing area of wood construction, we will be able to continue to provide better solutions to our customers in the future."added Gregor Bowen Busch. Dr. Hlass (georg hanrath), chief technology officer of Weining Group, said the future is sustainable production, sustainable machines and sustainable products made on it. The Weining Group is doing its part to achieve this goal.
The world's largest solid wood machinery manufacturer, was founded in 1905. Relying on more than 100 years of experience in the field of solid wood processing, The Weining Group has the high performance and high economy of wood processing equipment and system solutions, and has the intelligent production solutions to create the maximum profit. Adhering to the excellent quality of German machinery manufacturing, Weining Group occupies the world's leading position in solid wood processing and milling type, floor processing, European wood Windows, wooden wood structure and other wood processing equipment and technology. In 2010, the German Weining group also acquired the famous German company Houser, and formally entered the field of panel furniture and equipment. In 1996, German Weining Group set up a wholly owned subsidiary -- Mike in China. Power (Yantai) Machinery Co., LTD. The company is mainly responsible for the production and sales of high-tech woodworking machinery and equipment, products in addition to meet the demand of the Chinese market, but also exported to the world.
