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

  • Deutz announces results for 2015
    March 17, 2016
    German engine manufacturer Deutz has today announced its financial results for 2015. New orders amounted to €1.2259 billion, down by 11.1% on the prior-year figure of €1.379 billion. In the service business, new orders were up by 7.2% however, although other segments reported a decrease in new orders compared with 2014.
  • India’s capital highway project will improve transport connections
    October 10, 2017
    Huge numbers of construction machines as well as plant and equipment are working overtime, backed by mammoth manpower, to meet the targeted completion deadline of March 2018 for India’s Eastern Peripheral Expressway (EPE). The 135km arterial route is being built with six lanes and surrounds India’s National Capital, Delhi, its National Capital Region (NCR) and the industrially developed North Indian states of Haryana and Uttar Pradesh.
  • Dynapac’s new future within the Fayat Group
    March 8, 2018
    Dynapac is now part of the Fayat Group and is a new sibling for fellow road machinery firm BOMAG - Mike Woof writes. The purchase of Dynapac from its previous owner, Atlas Copco, by the Fayat Group did generate some comment in the construction machinery sector. Dynapac, a long-standing player in the road machinery segment, is a rival to a firm that is already a key component in the Fayat Group, BOMAG. Both BOMAG and Dynapac make ranges of soil compactors, asphalt compactors, asphalt pavers and milling m
  • FAYAT buying majority stake in ADM
    July 3, 2024
    FAYAT is buying a majority stake in US firm ADM.