AUSTRIA - The groundbreaking ceremony on the Holz-Her production facility in Voitsberg, Austria, signaled the start of an ambitious forward-looking project. The investment of 4.5 million euros is part of a group-wide investment package of more than 15 million euros and will secure the future, long-term growth of the company.

The 22,000 m2 site is being developed with a 1,000 m2 extension specifically designed for the planned new CNC milling machine for framework processing. The new hall will exclusively accommodate new and pioneering machine technology for the machining of large steel structural components. Holz-Her's intention is to make its production even more efficient and flexible.

The project was approved by Weinig's Supervisory Board as part of a series of planned investments. “Our decision is a deliberate response to the growing importance and huge potential of the Business Unit Panel Processing,” says Chairman of the Supervisory Board Thomas Bach. Holz-Her, part of the Weinig Group since 2010, can look back on an extremely successful last few years. Turnover has risen by 20 percent over the last two years alone and at this year’s Ligna, Holz-Her attracted the industry’s attention with its Nextec technology for furniture production. As a result of the strong growth, production capacity in Voitsberg has already doubled over the last two years.

“Holz-Her, like the entire Weinig Group, is on a strong trajectory,” says CEO Wolfgang Pöschl. Group orders to the end of April showed 17% growth while revenues rose by as much as 21%. The Weinig Group is very confident of achieving the order inflow of 471 million euros targeted for 2017.