Liebherr USA Co. Celebrates the Groundbreaking of its New Headquarters in Newport News, VA.

Liebherr USA, Co. continues to strengthen its position in North America and prepares for

sustainable long-term growth.

Liebherr begins construction of its $45 million expansion in Newport News, VA.

Newport News, VA (USA) July 23, 2018 – Members of the Liebherr family, Executive

Management and Newport News city officials gathered last Friday, July 20th for a

groundbreaking ceremony on site in Copeland Industrial Park to celebrate the

construction of the new Liebherr USA, Co. headquarters.

The commencement of this $45 million expansion project marks the beginning of an exciting

new chapter for Liebherr in the United States. The company that has been manufacturing

and operating in Newport News, VA for over 48 years broke ground at the site adjacent to

its current location. The new facility will serve as the new headquarters for Liebherr USA,

Co. and will include the construction of three new buildings: a state-of-the-art four-story

administrative building, a carefully designed warehouse, and parts distribution center to meet

current and future requirements, and a modernized production and workshop facility

intended to support the company’s cranes, construction, and concrete divisions. Once

completed, the new buildings will add over 251,000 square feet to the existing 560,000

square foot Liebherr campus. This investment will greatly impact the company’s operations

in the U.S. and drive Liebherr’s strategy for long-term growth.

With shovels in hand, Mrs. Sophie Albrecht, Jan Liebherr, Newport News Mayor McKinley

Price, Managing Directors of Liebherr USA, Co., its building partners and government

officials broke ground during the ceremony.

“The US is a strategic market for Liebherr and with this investment, we send a clear

message of commitment to our customers, employees and the local community here in

Newport News,” said Torben Reher, Managing Director of Liebherr USA, Co.

“We are grateful for Liebherr’s corporate citizenship, the investments, and the jobs the

company has provided for our citizens and others around the region. This expansion will set

the stage for even greater success as the company continues to grow, and we are proud to

partner with and support Liebherr now and always.” McKinley Price, Mayor of Newport

News, VA.

Construction is expected to be completed in 2020 and will house Liebherr USA, Co.

employees working in administration, finance, marketing, human resources, sales and

service, product support, production and distribution for eight product divisions.

Liebherr in the U.S.

The Liebherr Group has continually grown its operations in Newport News and throughout

the U.S. since it opened in 1970. It operates 13 locations creating a wide range of jobs with

roles in manufacturing as well as sales and service across all of the divisions. These

operations also have a positive impact on the communities through the use of U.S. suppliers

for everything from manufacturing to delivering and distributing our products.

About Liebherr USA, Co.

Liebherr USA, Co., based in Newport News, VA provides sales and service on behalf of

nine different Liebherr product units: Construction Equipment; Mining; Mobile and Crawler

Cranes; Tower Cranes; Concrete Technology; Foundation Equipment; Maritime Cranes;

Components and the Appliances, which includes refrigerators and freezers.

About Liebherr Group

Established in 1949, the Liebherr Group is today a leading manufacturer of earthmoving

equipment and a supplier of innovative user-oriented products and services in many other

fields. The family-owned company employs more than 43,000 people in more than 130

companies on all continents. Liebherr’s product range covers earthmoving and material

handling machinery, mining equipment, mobile cranes, tower cranes, concrete technology,

domestic appliances, maritime cranes, aerospace and transportation systems, machine

tools and automation systems as well as high-performance components for mechanical,

hydraulic and electrical drive and control technology. Liebherr also operates hotels in

Ireland, Austria, and Germany.

The Group’s holding company is Liebherr-International AG in Bulle, Switzerland, which is

entirely owned by members of the Liebherr family.