Weinig Group has invested €120 million over the past four years in production, logistics and product portfolio development and is now launching the “Transformation 2027” program, which envisages concentrating machinery production in Germany in two hubs and implementing a structural reorganization affecting around 400 jobs, mainly in the country.
This is the largest investment in the company’s history. As one of the leading players in solid wood processing, it aims to strengthen its profitable growth as a technological and quality leader, with an offering ranging from standard and entry-level products to high-end solutions.
“We have invested a record amount to be able to produce as a technological leader in Europe. With the highly automated production plant in Tauberbischofsheim, we are setting new standards in the industry. We are now adapting our structures to this new capacity,” said Gregor Baumbusch, CEO of the Group.
HOW IT IS CHANGING
The plan provides for the transfer of production from the sites in Malterdingen and Alfeld to Illertissen and Tauberbischofsheim, which will become the two main hubs for machinery manufacturing. Sales, service and engineering activities will instead remain operational at both affected locations.
The structural changes will impact around 400 jobs, especially in Germany. The company stated that it is working closely with the works council and the IG Metall trade union to identify socially responsible solutions in implementing the plan.
In detail, €68 million have been allocated to the construction of a highly automated logistics and production center at the headquarters in Tauberbischofsheim. A further €40 million have been invested in expanding the product portfolio.
An additional €12 million have been invested in the plant in Voitsberg, Austria, to strengthen assembly, production and logistics. According to the Group, these strategic investments now enable a more efficient implementation of the transformation program.
“By investing in our sites and focusing on our strengths, we are creating the basis for profitable growth,” Baumbusch concluded. “We have written 120 years of success by always seizing the opportunities of change.”
