WeinigGroup, the world's leading supplier of wood processing equipment and technical solutions, will launch a comprehensive large-scale investment project with a total value of more than 120 million euros (about 846 million yuan) in the next five years.
The latest news from Home Micro Observation: Weinig Group, the world's leading supplier of wood processing equipment and technical solutions, will launch a comprehensive large-scale investment project with a total value of more than 120 million euros (about 846 million yuan) in the next five years.

About 70 million euros of the total investment will be used to renovate the Weinig Group's corporate headquarters in Tauberbischofsheim, Germany. 15 million euros will be used for the construction of WEINIG subsidiary Holz-Her's plant in Voitsberg, Austria, to improve assembly, production and logistics processes.

Weinig Group Headquarters

WEINIG's corporate headquarters in Tauberbishofheim, Germany

Weinig Group has a history of 117 years. The company said it has built a new plant concept that will sustainably modernize production, optimize customer delivery and improve the working environment for employees. Updates include a new logistics center, new manufacturing concepts, new production facilities, and new exhibition and customer training rooms. 

The Supervisory Board and Management Board of Weinig Group highlighted how the upcoming investment will position the company for the future. Dr. Thomas Bach, Chairman of the Supervisory Board of the Weinig Group, pointed out that when a "crisis" such as the new crown epidemic occurs, the idea of ​​seeing the crisis as an opportunity has been deeply rooted in the corporate philosophy of the Weinig Group. Thomas Bach said: "The pandemic has driven the development of conceptual work. We have sought, identified and seized opportunities in crises. Therefore, we can say today with confidence that the Weinig Group is suitable for a successful future."

Gregor Baumbusch, CEO of Weinig Group, said that the wood processing industry is a growth industry, and sustainability and climate protection are additional impetus for the development of the wood processing industry. The demand for machines and solutions serving this market is high and continues to rise. As a result, the Weinig Group will invest a further EUR 40 million to expand the product portfolio.

CEO of Weinig Group

Gregor Bowenbusch, CEO of Weinig Group

"Today we have the broadest product portfolio in the global solid wood industry, especially in the fast-growing sector of wood construction, and we will be able to continue to offer our customers better solutions in the future," adds Gregor Bowenbusch. road.

According to Dr. Georg Hanrath, Chief Technology Officer of Weining Group, the future belongs to sustainable production, sustainable machines and sustainable products made on them. Weinig Group is doing its part to make this happen.

About Weinig Group
Germany's Weinig Group, the world's number one solid wood machinery manufacturer, was established in 1905. Relying on more than 100 years of experience in the field of solid wood processing, Weinig Group has high-performance and economical wood processing equipment and system solutions, as well as intelligent production solutions that create maximum profits. Adhering to the excellent quality of German machinery manufacturing, Weinig Group occupies a leading position in the world in terms of wood processing equipment and technology such as solid wood processing and milling, floor processing, European-style wooden windows, and wooden structure of wooden houses. In 2010, the German Weinig Group acquired the famous German Hauser company and officially entered the field of panel furniture equipment.

In 1996, the German Weinig Group established a wholly-owned subsidiary in China - Mike Weinig (Yantai) Machinery Co., Ltd. The company is mainly responsible for the production and sales of high-tech woodworking machinery and equipment. In addition to meeting the needs of the Chinese market, the products are also exported to all over the world.