HOMAG Group launches largest investment programme in company’s history

The HOMAG Group has launched the largest investment programme in its corporate history. Over the next three years, 60 to 80 million euros are to be invested in the modernisation of its main location in Schopfloch, Germany. HOMAG is investing a further 15 million euros in a new plant in Poland.

A customer center, modern office buildings, a modern dining hall and a logistics center are to be built in Schopfloch.

“The two older office buildings as well as the dining hall in Schopfloch are no longer up to date and would have to be extensively renovated. We have now decided on a sustainable solution and are building entirely new structures. This is a clear commitment to our location and an important investment in the future of HOMAG,” said Ralf W. Dieter, Chief Executive Officer of HOMAG Group AG. “On the one hand, we are creating a modern and pleasant working environment for our employees. On the other hand, we will be able to present our products to customers appropriately in the new customer center.”

There are also plans to build a new logistics center connected to the site. The goals are a high availability of spare parts as well as lean and efficient logistics processes for supplying the plant and customers. The new logistics center will also replace the remaining external warehouses.

Back in December 2020, the HOMAG Group had announced investments of over 12 million euros for the modernisation of the plant at the Schopfloch location. The largest part of this investment sum is accounted for by a hall extension.

“We are pleased to have the Schopfloch location significantly strengthened and upgraded,” emphasised Carmen Hettich-Günther, Group Chairwoman of the Works Council at HOMAG GmbH. “We very much welcome the holistic solution now planned. This is very good news for all employees here in Schopfloch.”

New buildings are also to be constructed in Poland, where the HOMAG Group already employs over 700 people.

“The Polish market has been growing for years, and in the meantime, we have reached the limits of capacity at our present location. In addition, the Polish plant plays an important role in our global production network. That is why we are building a new plant in Środa starting in the second quarter of 2021,” said Dieter.