# SHB Hebezeugbau invests in new production hall and turning-milling center

SHB Hebezeugbau GmbH is building a new production and storage hall at its Saalfeld site and acquiring a NILES-SIMMONS N40MC turning-milling center to meet increasing demand for components for cranes and lifting equipment.

- Type: Investment
- Announced: 2022-11-21
- Where: Saalfeld, Germany, Germany
- Status: under construction
- Products: process cranes, crane systems, disc brakes, drum brakes, cable drums, winches
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [SHB Hebezeugbau GmbH](https://endata.com/companies/66780.md)
- [Niles-Simmons Industrieanlagen](https://endata.com/companies/58626.md) (supplier)

## Sources

- [nshgroup.com](https://www.nshgroup.com/en/article/anwenderbericht-shb-hochindividuelle-werkstuecke-fuer-kran-und-hebezeuge-24/), 2022-11-21: "We have decided to build a new production and storage hall at the Saalfeld site in order to meet the increasing demand for components."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.