Ad hoc: Wacker Construction Equipment AG: Strategic Business Decision - Expansion of Production Capacity in the United States

7/19/2007, 6:54 PM (Source: GlobeNewswire)
Wacker Construction Equipment AG / Misc. strategical corporate decisions / Strategic Business Decision - Expansion of Production Capacity in the United States Ad hoc announcement according to §15 WpHG processed and transmitted by Hugin ASA. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- --------------

(Munich, July 19, 2007) The members of the Executive Board and the
Supervisory Board of Wacker Construction Equipment AG
have today approved the construction of a new manufacturing facility
for Ground Heaters, Inc. acquired in 2006. The
construction of the new facilities in Korbach and Manila is already
in progress. The facility should be completed in the second
half of 2008. The capital expenditure will amount to approximately $
10 million. If required, it will be possible to gradually
expand the facility.

The new manufacturing facility in Norton Shores, Michigan (U.S.A.)
will allow for an increased production capacity for mobile
hydronic heating equipment. Furthermore it is planned to manufacture
mobile light towers for the utility business field at this
new location and to make the production processes more efficient.

Additional information about the Wacker Construction Equipment AG
Securities Identification number: WACK01
Listing requested: Official Market / Prime Standard; Frankfurt Stock
Registered office of the company: Germany

Wacker Construction Equipment AG
Imre Szerdahelyi
Head of Corporate Communication
Preußenstr. 41
80809 Munich, Germany
Tel. + 49 - 89 - 354 02 - 251

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Wacker Construction Equipment AG
Preußenstr. 41 München

Listed: Amtlicher Markt in
Frankfurter Wertpapierbörse, Prime Standard in Frankfurter
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