Schunk Group to invest €125M in worldwide facilities
June 21, 2023
The Schunk Group, headquartered in Heuchelheim, Germany, has announced that it plans to maintain a high level of investment through 2023, with some €125 million allocated to its facilities worldwide this year. The funds will benefit the company’s Heuchelheim site in particular, with an investment of €54 million planned for that location alone.
Including the 2023 investment, Schunk has invested a quarter of a billion euros at the Heuchelheim site in the last ten years alone. Some of the more significant investments made in recent years include the construction of a highly automated production facility for Powder Metallurgy products, new logistics, and new production processes for manufacturing metal-containing carbon brushes. Additionally, a clean room has been established for the production of equipment for microelectronics. An innovation center has also been set up for the development of new materials and technologies, including bipolar plates for the use of hydrogen.
“We have not only weathered the challenges and crises of recent years well. We have also used them to better position ourselves for the future,” stated Dr Arno Roth, CEO of the Schunk Group.
A further area of investment has been sustainability, which has included the installation of a photovoltaic system and charging columns in the company’s car park.
“Schunk has had its headquarters in Heuchelheim for over 100 years. As the largest and oldest location and headquarters of the company, Heuchelheim has a special significance for us. That is why we will continue to develop our ‘Windhof’ in the future with sustainable and continuous investments and drive forward the retreading of the site,” emphasised Dr Roth.
Despite the heavy investment in the Heuchelheim site, the company is also investing in a variety of other locations in the Central Hesse region of Germany. Since 2016, Schunk has reportedly invested around €75 million in the largest site of its subsidiary Weiss Technik in Reiskirchen-Lindenstruth, where a new logistics centre will start operations this year. And around €40 million has been invested the Wettenberg site since 2016, including a new production facility for its subsidiary Schunk Sonosystems.
“Central Hesse is and will remain the heart of Schunk – about half of our employees worldwide work in the region,” Dr Roth concluded.
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