This is how it started more than half a century ago. The Carinthian family-run company VELOX was founded in 1956 by the brothers Franz and Peter Steiner. The starting point of the company foundation was deliberations as to how wood-chips from the sawmill that existed at that time could be processed economically. Hence, building and insulation boards made of cement bonded wood-chip have been manufactured since then in a compression moulding process that they developed.
The company's name derives from the Latin word "velox" which means "fast". Thus, a significant advantage of VELOX way of construction - the rapid and automatic processing – is entered in the company’s name.