Skip to main content

Investment in new excavator plant

A silver spade ceremony was held in June to mark the official start of construction at the new Wacker Neuson plant in Hörsching, Upper Austria. Light and compact equipment manufacturer Wacker Neuson is investing around e65 million (including purchasing and developing the site) in what will be “one of the largest, most modern plants for compact equipment in the world.” The first compact equipment should be rolling off the production line as early as the beginning of May 2012.
May 10, 2012 Read time: 2 mins
A silver spade ceremony marks the start of construction at the new Wacker Neuson plant
A silver spade ceremony was held in June to mark the official start of construction at the new 1651 Wacker Neuson plant in Hörsching, Upper Austria.

Light and compact equipment manufacturer Wacker Neuson is investing around €65 million (including purchasing and developing the site) in what will be “one of the largest, most modern plants for compact equipment in the world.”

The first compact equipment should be rolling off the production line as early as the beginning of May 2012.

“We are delighted to see construction work get underway. Growing demand for our products has clearly stretched capacity at our Leonding plant to the limit, and this is accentuated by our strategic alliance with 178 Caterpillar for the manufacture of excavators weighing up to 3tonnes,” says Martin Lehner, deputy chairman of the Wacker Neuson executive board and head of the compact equipment segment.

The new production plant is being built on a 160,000m2 plot, giving Wacker Neuson huge scope to expand production capacity as needs evolve.

“Our company is growing, not just in terms of revenue but also headcount. We currently employ 350 people and will be creating many new job opportunities with the new plant,” explains Johannes Mahringer, general manager of Wacker Neuson Linz.

The company has appointed Cem Peksaglam as its new CEO to take over on 1 September, 2011. He succeeds Dr Georg Sick, who left the company last year. Cem Peksaglam has held a variety of management positions in the 3405 Bosch Group during his career.

For more information on companies in this article

Related Content

  • Wacker Neuson benefits from sales growth
    May 11, 2022
    Wacker Neuson is benefiting from a growth in sales.
  • Wacker Neuson improves Q3 earnings in despite challenges
    November 14, 2016
    Light and compact equipment manufacturer Wacker Neuson Group saw revenue and earnings for the third quarter of 2016 increase relative to 2015. The company said that seen over a nine-month period, revenue remained at the prior-year level, balancing out the drop in earnings experienced during the first half of the year only partly. Despite adverse market factors, including ongoing crises in many emerging markets and key industries such as the agricultural sector, the oil and gas industry and mining, gro
  • Rob Wallis is new CEO of Transport Research Foundation and TRL
    July 2, 2013
    Rob Wallis is to become the new CEO of the UK-based Transport Research Foundation and TRL. Wallis joins from BSI, where he was managing director, Europe, Middle East and Africa region, an international division of approximately 1,000 employees. Prior to BSI he held managing director and senior director roles leading transport-focused businesses at Hedra, EDS and LogicaCMG, having begun his career at the CAA. Taking over his new role on 15 July, Wallis will replace Dr Sue Sharland, who is stepping down as CE
  • CECE Congress focuses on future of construction
    April 10, 2012
    The bi-annual CECE Congress was held in Spain when participants looked forward in a bid to see what will happen in the next ten years Growth markets such as China, India and Brazil offer big opportunities to European construction equipment manufacturers. As companies, particularly those from China, start to expand outside their own countries the competition for business will increase, and it has been claimed that there is no such thing as 'the global market', rather it is the sum of hundreds, if not thousa