In 2017 € 12 million will be invested in Herford. After a satisfactory business development in the past financial year 2016 and a group turnover of € 110 million, the year 2017 will bring a significant increase in sales to € 130 million €. The main markets in the current year are North America, Eastern Europe and China.
After two weaker years, the Chinese Wemhoener (Changzhou) Machinery Manufacturing is an important sales driver. They account for about 30% of group sales. The group employs about 480 people. The investment at the Herford location is mainly aimed at improving the logistics structures and assembly areas. In addition, replacement investments are made in new machine tools. The capacity utilization in both locations is secured by existing orders in 2018.