“Sondershausen will be the gateway to the world,” WAGO’s CEO Heiner Lang recently announced. The family business is investing 50 million euros, the largest single investment in the company’s history. WAGO is not only expanding its existing warehouse in Thuringia but is also building a high-bay warehouse with cutting-edge technology on a 11,000 square meter site. Once the new warehouse goes into operation at the end of 2024, it will enable the processing of up to 12,000 orders per day. According to Heiner Lang, the company’s decision to bet big on Thuringia was largely due to all the available local expertise.
In nearby Kölleda, Funkwerk AG invested almost ten million euros in the production of train radio communication and information systems for passengers at train stations, including the new generation of train information monitors. It built a new administration building as well. (hw)
