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Wacker Neuson SE: Construction of new building gets underway in Reichertshofen

DGAP-News: Wacker Neuson SE / Key word(s): Real Estate
Wacker Neuson SE: Construction of new building gets underway in
Reichertshofen

25.04.2016 / 12:01
The issuer is solely responsible for the content of this announcement.

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Construction of new building gets underway in Reichertshofen

(Munich, April 25, 2016) In April, work will begin on the expansion of
Wacker Neuson's light equipment production site in Reichertshofen. The
company will be investing around EUR 10 million in a new R&D center for
light equipment between now and the start of 2017.

Back in 1998, the company already moved production of vibratory plates from
the previous site near the Olympic Park in Munich (now the location of
Group headquarters) to the factory in Reichertshofen (65 km away) to
support strong growth and overcome capacity bottlenecks. Now, over the
coming year, R&D, product management and materials management will also be
relocating to Reichertshofen near to the production facility. "Moving all
technical operations for light equipment to the same site will improve
processes, shorten workflows and boost productivity even further," explains
Helmut Bauer, Managing Director of Wacker Neuson Produktion GmbH & Co. KG.

Wacker Neuson currently employs around 330 employees at the Reichertshofen
site. Now, the company is constructing a new office building and test hall
next to the existing production facilities on an area spanning more than
ten hectares. This will include around 3,500 m2 of additional room for up
to 120 employees, primarily in R&D. Adjacent to this will be a large,
modern test hall providing almost 3,000 m² of space for extensive testing
of light equipment during the development phase. In total, the company is
channeling more than EUR 10 million into the expansion project.

"Expansion of the Wacker Neuson production site is currently the most
important commercial development in our community," confirms Michael
Franken, Mayor of Reichertshofen. "It is creating a lot of promising new
jobs that will strengthen our region."

Vibratory plates, various rammers (for example battery-powered rammers),
internal vibrators and inverters, angle grinders, floor saws and breakers
will be developed and manufactured at the Reichertshofen site.

The silver-spade ceremony was held on April 22, 2016, and the first
employees will be moving into the four-story administration building and
test hall by the end of the year.

Your contact partner:
Wacker Neuson SE
Katrin Yvonne Neuffer
Head of Corporate Communication /
Investor relations
Preussenstrasse 41
80809 Munich, Germany
Tel. [phone]
[e-mail]
www.wackerneusongroup.com

The Wacker Neuson Group is an international family of companies and a
leading manufacturer of light and compact equipment with over 50 affiliates
and 140 sales and service stations. The Group offers its customers a broad
portfolio of products, a wide range of services and an efficient spare
parts service. The product brands Wacker Neuson, Kramer and Weidemann
belong to the Wacker Neuson Group. 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 industries
such as recycling, energy and rail transport. In 2015, the Group achieved
revenue of EUR 1.38 billion, employing over 4,600 people worldwide.


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25.04.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Wacker Neuson SE
Preußenstr. 41
80809 München
Germany
Phone: +49 - (0)89 - 354 02 - 0
Fax: +49 - (0)89 - 354 02 - 390
E-mail: [e-mail]
Internet: www.wackerneusongroup.com
ISIN: DE000WACK012
WKN: WACK01
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart


End of News DGAP News Service
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457277 25.04.2016