The company said the development confirms its plans for growth in the UK with the supply of materials handling machines. The new building will also include an inspection centre to support the UK business.
Managing director of Liebherr Great Britain, Lee Palmer, said: “This expansion will ensure we continue to have adequate resources and capacity to support our customers and the continued growth of Liebherr in the UK. Vitally, it will also enable us to create even more skilled employment opportunities for the local community and across the country.”
The UK development comes after an announcement that Liebherr will be investing £25 million in expanding the factory in Germany that manufactures its material handling machines. The company estimates that it accounted for some 50% of the machines sold into the UK waste and recycling market in 2017.
Revenue increase
Results posted by the Liebherr Group earlier this month showed turnover of 9,845 million Euros, a year-on-year rise of 9.3%.
And, the company has also seen increases in the number of people employed. In a statement, the Group said: “2017 saw a further increase in the workforce of the Liebherr Group. A total of 1,561 new jobs were created. The Liebherr Group had 43,869 employees worldwide at the end of the year. The company maintained its investment rate at a constantly high level. Overall the Group invested 749 million Euros, a slight decrease of 0.3%.”
In terms of product development, the company said that “important issues across the wide range of products and services include increasing energy efficiency, networking, automation and lightweight product design.”
It added: “As the current financial report of the Group documents, substantial progress was made here in the past year in all product divisions. For example, in the aviation field Liebherr is conducting research into fully electric components for the aircraft of the future”.
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