The company makes container cranes and special cranes at manufacturing sites in Grosse St Florian and Hard, Austria. The company also operates a repair shop and sales office in Raleigh, North Carolina, USA.
The new factory will make crane parts, but will help increase production capacity of special cranes.
The company’s special crane business, which is mainly for export, is “excellent,” according to a spokesman.
The company recently has taken an order for special power house cranes for the Kopswerk power station. The cranes were adapted to be fitted into a tunnel and will be delivered early next year.