Hilti moves into new US$ 98 million innovation centre
January 12, 2015
Hilti Corporation has opened a new innovation centre at its corporate headquarters in Schaan, Liechtenstein. With a total investment of some CHF 100 million (US$ 98m), the Innovation Center is the largest investment project in Hilti’s history.
“Differentiation of products and services will be a decisive competitive factor for sustainable business success. In our drive to further enhance our leading position, we must strengthen our innovative capacity. This is where the new Innovation Center will play a key role,” stated Dr Stefan Nöken, member of the Executive Board and in charge of the construction project.
The facility will house some 400 workplaces in offices, testing premises, laboratories and workshops. “The physical proximity and the optimised process flow will result in more effective and efficient research and development work. Thanks to a flexible design of infrastructure, multiple work processes can be integrated in a creative environment that will allow our employees to develop innovative solutions with superior added value for our customers,“ added Nöken.
Following the completion of the innovation centre, Hilti announced further investment at the Schaan site with refurbishment planned for the main building along with modernisation of its technical facilities. Plans are underway to renovate administrative buildings in 2017.