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Wacker Neuson

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Wacker Neuson, headquartered in Munich, Germany, is a manufacturer of light equipment and compact construction machinery.

The company’s product line also includes equipment for landscaping, agriculture, industrial, and recycling applications.

The brands sold by Wacker Neuson are Wacker, Neuson, KramerAllrad, Weidemann, and Wacker Neuson.

Contents

[edit] History

Though the Wacker Neuson name was coined as a result of a merger between Wacker Construction Equipment AG and Neuson Kramer Baumaschinen AG, the company actually derives its history from four key companies. Acquisitions and mergers would eventually result in the formation of the Wacker Neuson of today.

[edit] Wacker

[edit] The Early Years

The first of Wacker Neuson’s namesakes was established in 1848 when Johann Christian Wacker opened a blacksmith’s shop in Dresden, Germany. In 1875 the company began the production of industrial equipment, which it would continue for the next 55 years.

[edit] Development and Growth

In 1930 the company made the shift to the manufacture of light construction equipment. During this period, Wacker produced the first electric compactor for the compaction of concrete and soil.[1] It was also at this time that Wacker developed a high-frequency technology to be used in internal vibrators.

In 1938 Wacker’s production program was expanded and a domestic and international sales and trade organization was created.

The company experienced a total loss of its manufacturing facilities in 1945, at the tail end of World War II. In answer to this, the fourth generation Wacker family resumed the company’s operations in Kulmbach; the head office was moved to Munich in 1951.

In 1957 Wacker opened its first overseas production and sales facility in Hartford, Wisconsin, USA. Seven years later in 1964 the company established a manufacturing facility in Reichertshofen, Germany.

In 1986 the company’s production plant in Milwaukee, Wisconsin, USA was rebuilt. Today, this is the headquarters of Wacker Neuson Corp. (America).

The company opened a production facility in Manila, Philippines in 1999.

The year 2002 brought reorganization to Wacker as the group of companies was restructured to become Wacker Construction Equipment AG.

[edit] Acquiring Weidemann

In 2005 Wacker Construction Equipment AG acquired Maschinenfabrik Weidemann KG, (Weidemann Group).

Weidemann was one of the leading manufacturers of small- and medium-sized agricultural and landscaping wheel loaders in central Europe.[2]

The Weidemann Group was established in 1960 in Diemelseeflechtdorf, Germany. In 1987 Weidemann established its first international branch, located in the Netherlands.

The company began partnerships in the U.S. and Canada in 1998.

Two years after the company’s 2005 acquisition by Wacker Construction Equipment, a new Weidemann manufacturing plant was opened in Korbach, Germany.

[edit] Further Growth

In 2006 Wacker acquired two more companies—Swiss firm Drillfix AG and U.S. company Ground Heaters Inc.

In 2007 the company made an initial public offering (IPO) to enable future growth. It has been listed on the prime standard portion of the Frankfurt Stock Exchange since May 15 of that year.

[edit] From Neuson and Kramer to Neuson Kramer

The other side of the Wacker Neuson coin is represented by two companies—Neuson and Kramer. They came together to form a company known as Neuson Kramer Baumaschinen AG that would eventually team with Wacker to form the Wacker Neuson brand.

[edit] Neuson

Neuson Hydraulik GmbH was established in 1981; three years later, it began the production of hydraulic mini excavators.

By 1990 the company had founded a new enterprise: Neuson Baumaschinen GmbH.

In 1998 Neuson took over construction site dump truck manufacturer Lifton Ltd. of Great Britain.

[edit] Kramer

Kramer’s first incarnation was established in 1925 by the Kramer brothers in Gutmadingen, Germany for the production and sale of agricultural tractors.

In the late 1950s the company set up a new division dedicated to the production of industrial and construction equipment.

By 1973 Kramer was focusing on producing compact construction equipment. This period marked the end of the company’s production of tractors. Twenty years later, Kramer introduced its first wheel loader with a telescopic loader unit.

[edit] Neuson Kramer

A merger at the start of the new millennium between Kramer and Neuson led to the creation of Neuson Kramer Baumaschinen AG with headquarters in Linz, Austria.

In 2004, a few years after the merger, the company introduced a Neuson skid steer loader to the market. The following year, the company began working in cooperation with Claas, a producer of agricultural equipment.

[edit] Wacker Neuson

On October 31, 2007, Wacker Construction Equipment AG and Neuson Kramer Baumaschinen merged to form Wacker Neuson.

[edit] The Company Today

Today Wacker Neuson is represented worldwide. Its headquarters are based in Munich, Germany and are responsible for Europe, Africa, Russia, and the Middle East. Wacker Neuson Corp. (America), based in Milwaukee, Wisconsin, is in charge of North, Central, and South America. Finally, Wacker Neuson Ltd. (Asia) has headquarters in Hong Kong and Manila, Philippines whose business focus are centered in Asia and Australia.

The company has more than 30 affiliates, 180 sales and services offices, and numerous manufacturing facilities around the globe.[3]

The president and CEO of Wacker Neuson is Dr. Georg Sick.

[edit] Equipment List

[edit] References

  1. History. Official Wacker Neuson website. 05-28-2009.
  2. History. Official Wacker Neuson website. 05-28-2009.
  3. Locations. Official Wacker Neuson website. 05-28-2009.