Wacker Neuson SE: Construction starts on new Hörsching (Upper Austria) plant

Wacker Neuson SE / Key word(s): Miscellaneous

09.06.2011 / 10:23

Wacker Neuson - construction starts on new Hörsching plant

(Hörsching, Austria, June 8, 2011). A silver-spade ceremony marked the
official beginning of construction at the new Wacker Neuson plant in
Hörsching (Upper Austria). Work can begin right away as foundations have
already been laid. According to the current schedule, 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,' says Martin
Lehner, Deputy Chairman of the Wacker Neuson SE Executive Board and head of
the compact equipment segment. '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 Caterpillar for the manufacture
of excavators weighing up to 3 tonnes.'

The new production plant is being built on a 160,000 m2 plot of land,
giving Wacker Neuson huge scope to expand production capacity as needs
evolve. It will also bring new jobs to the region. '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 GmbH.

Wacker Neuson is investing around EUR 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 16-hectare site in Hörsching
is located next to the airport and will be home to a state-of-the-art
production hall, with testing grounds and an administrative building. The
buildings will stretch across approximately 50,000 m2. Johannes Mahringer
continues: 'Optimized production processes and the latest technologies -
such as a paint line with powder coating und a sand-blasting facility -
will further increase the quality of our products and create additional
efficiency gains.'

Your contact partner:

Wacker Neuson SE 
Katrin Yvonne Neuffer
Head of Corporate Communication /
Investor Relations
Preussenstr. 41 
80809 Munich, Germany 
Tel: +49-(0)89-35402-173

About Wacker Neuson
Wacker Neuson SE is a global manufacturer of light and compact equipment.
With over 30 affiliates and more than 180 locations across the globe, the
company offers an exceptionally broad portfolio of products and services.
Manufacturing activities are distributed across three German, one Austrian,
two American and one Philippine production sites. Almost all products
manufactured by the company are branded Wacker Neuson. The only exceptions
to this in Europe are Kramer Allrad products and Weidemann-branded
agricultural machinery. With over 300 product categories and complementary
rental, spare parts and repair services, Wacker Neuson is the partner of
choice among professional users in construction, gardening, landscaping and
agriculture, as well as among municipal bodies and companies in the
industrial and recycling sectors.

End of Corporate News


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Language:    English                                                
Company:     Wacker Neuson SE                                       
             Preußenstr. 41                                         
             80809 München                                          
Phone:       +49 - (0)89 - 354 02 - 0                               
Fax:         +49 - (0)89 - 354 02 - 390                             
E-mail:      info@wackerneuson.com                                  
Internet:    www.wackerneuson.com                                   
ISIN:        DE000WACK012                                           
WKN:         WACK01                                                 
Listed:      Regulierter Markt in Frankfurt (Prime Standard);       
             Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,  
             München, Stuttgart                                     
End of News    DGAP News-Service  
128006 09.06.2011