Striebig to invest £6.7 million in factory expansion
Striebig AG, manufacturer of the world’s top-selling vertical panel saw range, is showing its confidence in the future by investing 9.7m Euros (approx £6.7m) in a new 1,500 sq m production unit at its Littau plant in Switzerland.
The building design chosen establishes a clear connection between the company’s products and the activities of the majority of its customers. It uses a series of vertical wooden beams of various sizes as part of the cladding on the building’ facade, which also demonstrates the versatility of wood as a construction material.
Intended to address the current lack of space on the site, the new building will give Striebig the capability to deliver substantially increased production levels well into the future.
Said managing director Marcel Brunner: “Despite a general sluggishness in the woodworking equipment market last year, we experienced a 20% increase in sales. This was helped by the fact that we offer a complete range of vertical panel saws for every kind and size of woodworking operation, and by the introduction of our new, highly advanced Compact model.”
He added that he was optimistic that the company’s sales would continue to increase this year, despite the current difficult market situation.
Striebig saws are available in the UK and Ireland through sole agent, T.M. Machinery Sales Ltd of Leicester.
Issued by Stephen Barry Publicity. Tel: 020 8341 6660. Email: firstname.lastname@example.org