VNA truck production line in the Jungheinrich Moosburg plant.

Jungheinrich AG will meet growing market demand by expanding to five forklift factories in Germany by the end of 2009.

Jungheinrich Moosburg GmbH plans to build a new plant in the Degernpoint commercial and industrial area, about 4km (2.5 miles) from the Moosburg plant for warehousing and system equipment.

A Jungheinrich spokesman declined to reveal the plant's production capacity but says about 300 of the 1,000 employees working at Moosburg will relocate to the Degernpoint site. About EUR40 million (USD62 million) has been earmarked for the construction project scheduled to start this year.

Moosburg will transfer production of warehousing and system equipment to the new plant as it has reached capacity and can't be expanded.

Jungheinrich will acquire a property covering 60,000m² (645,835 sqft) in the Degernpoint industrial area from the City of Moosburg. Plans for the plant are "so advanced", Jungheinrich says, that construction activity is expected to begin in the third quarter of 2008.

Counterbalanced forklifts will continue to be produced at Moosburg. Jungheinrich currently has three German plants - Norderstedt, Moosburg and Lüneburg. A new plant is being built in the Leipzig region and will be completed in 2009 (Forkliftaction.com News #340).