Kion plans to invest some €83m in the Linde and Still forklift truck plants over the next seven years.
Linde’s core plant in Aschaffenburg is set to invest roughly €60 million in the period up to 2021.
At the same time some €23 million is earmarked for the core Still plant in Hamburg.
It said the investment would make the two companies more competitive and cost-efficient and create the capacity for medium-term growth.
Kion is also planning to build a new plant near Pilzeň in the Czech Republic, primarily to supply the markets in eastern and southern Europe. The ground-breaking ceremony is scheduled for October and production – initially of existing warehouse technology products – is planned to start in early 2016. Around €12 million will be invested in setting up the plant.
Kion sets out €83m forklift plant investment
Christopher Walton
Chris succeeded the legendary Malory Davies in September 2019 as Editor of Logistics Manager and host of the Supply Chain Excellence Awards. Day-to-day Chris writes about all things supply chain; materials handling and industrial property and is curator of the annual LM Top 50 Service Providers. He has worked as a business journalist since 2002 and his career as a logistics journalist started in 2008. Before joining Logistics Manager, he was Editor-in-Chief for road transport titles at DVV Media International.
