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’s record-breaking revenue
    January 6, 2017
    German-based construction equipment manufacturer Wacker Neuson is celebrating record annual revenue and earnings.
  • Wacker Neuson’s record-breaking revenue
    February 6, 2012
    German-based construction equipment manufacturer Wacker Neuson is celebrating record annual revenue and earnings.
  • Wacker Neuson remains on growth path in Q3
    November 14, 2014
    Wacker Neuson Group reported a significant rise in revenue and profit for the third quarter of 2014 with especially high performance in the Americas and Asia-Pacific. Sales of light and compact equipment were driven primarily by an upturn in business in North America where the Munich-based group is planning its first production line for compact equipment. All regions contributed to revenue growth in the third quarter of 2014. Europe reported a 14% increase while the Americas and Asia-Pacific both saw reve
  • Wacker Neuson Group sees revenue rise 12% for 2014
    March 16, 2015
    International light and compact equipment manufacturer Wacker Neuson Group achieved record results for 2014 across most key performance indicators, the company reports. The group met its increased profit and the revenue forecast, despite challenging market conditions. Group revenue increased 11% to a record €1.28 billion, up from €1.16 billion in 2013 and in line with the company’s forecast. “Adjusted by currency effects, this corresponds to a growth of 12%,” a company statement said. Business in Central Eu