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Schaeffler
Schaeffler Technologies AG & Co. KG, also known as the Schaeffler Group (''Schaeffler-Gruppe'' in German), is a German manufacturer of rolling element bearings for automotive, aerospace and industrial uses, including the FAG brand. It was founded in 1946 by brothers Dr. Wilhelm and Dr.-Ing. E. h. Georg Schaeffler. As of 2021, the firm was majority owned by Maria-Elizabeth Schaeffler-Thumann and her son Georg F. W. Schaeffler through a series of holding companies. These holding companies, controlled by the Schaeffler family, also own controlling interests in Continental AG and Vitesco Technologies. Schaeffler Group owns the brands INA, FAG, and LuK. In Germany, these main brands are marketed by Schaeffler Technologies AG & Co. KG and LuK GmbH & Co. oHG. Schaeffler has an Indian subsidiary, Schaeffler India, which is publicly listed on the National Stock Exchange of India and the Bombay Stock Exchange. History 1883-1939 In 1883, Friedrich Fischer of Schweinfurt designed a ...
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Georg Schaeffler
Georg Friedrich Wilhelm Schaeffler (born 19 October 1964) is a German billionaire businessman and owner of 80% of the holding company INA Holding Schaeffler GmbH & Co. KG, which includes the manufacturer of rolling element bearings Schaeffler AG. His mother, Maria-Elisabeth Schaeffler, owns the other 20%. Both inherited their fortune from Schaeffler's father, Georg Schaeffler, who died in 1996. Schaeffler is the head of the supervisory board of Schaeffler Group and a member of the supervisory board of Continental AG. As of May 2023, Schaeffler was ranked by ''Forbes'' as the 171st richest person in the world, with a net worth of $10.2 billion. Early life Georg Friedrich Wilhelm Schaeffler was born 1964 in Erlangen to Georg Schaeffler and Maria-Elisabeth Schaeffler. His father Georg and his uncle Wilhelm Schaeffler had founded the Wilhelm Schaeffler AG, which flourished during the Third Reich. It used slave labor and produced both textiles and armaments and became the Schaeffle ...
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Continental AG
Continental AG, commonly known as Continental and colloquially as Conti, is a German multinational automotive parts manufacturing company. Headquartered in Hanover, Lower Saxony, it is the world's third- largest automotive supplier and the fourth-largest tire manufacturer. Continental specializes in tires, brake systems, vehicle electronics, automotive safety, powertrain, chassis components, tachographs, and other parts for the automotive and transportation industries. The company is structured into six divisions named ''Chassis and Safety'', ''Powertrain'', ''Interior'', ''Tires'', ''ContiTech'', and ''Advanced Driver Assistance Systems'' (ADAS). It sells tires for automobiles, motorcycles, and bicycles worldwide under the Continental brand. It also produces and sells other brands with more select distribution, such as Viking (limited global presence), General Tire (U.S./Canada), Gislaved Tires (Canada, Spain, Nordic Markets), Semperit Tyres, Barum to serve EU and Russ ...
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Barden Corporation
Barden Corporation is a ball bearing manufacturer based in Danbury, Connecticut, USA with factories in Danbury, Winsted, Connecticut and in Plymouth, England. It previously had factories in Bridgeport, Connecticut (Lacey Manufacturing-divested in 2008) and Haverhill, Massachusetts (Pope Spindle-divested in 2003). Barden specializes in the design, manufacture, repair and overhaul of aerospace and super precision ball bearings for safety-critical and harsh environment applications in a broad range of market sectors, from space to aerospace to subsea to high performance machine tools to medical and high performance automotive applications. History Barden was founded by Theodore Barth and Carl Norden (hence the name "Bar-den") in 1942 to make precision ball bearings for the Norden bombsight. The Norden bombsight required 61 precision miniature and instrument type bearings. Prior to the US entry into World War II, bombsight production levels were planned to be 800 per month; howev ...
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Herzogenaurach
Herzogenaurach (; ) is a town in the district of Erlangen-Höchstadt, in Bavaria, Germany. It is home to two major international sporting goods companies, Adidas and Puma, and Schaeffler Group, a car parts manufacturer. Geography Herzogenaurach is situated in the Middle Franconia area of Bavaria, northwest of Nuremberg. The town is located on the Aurach river, a tributary of the Regnitz river. History Herzogenaurach was first mentioned in a document from 1002 under the name of ''Uraha'' when Holy Roman Emperor Henry II granted the town to the Prince-Bishopric of Bamberg. In 1948, when Adolf Dassler and Rudolf Dassler left their jointly-owned shoe company each to make one of their own, the town was called "the town of bent necks"—people looked down to see which shoes strangers wore. Economy Herzogenaurach has gained global fame as the birthplace of two giant sporting goods companies: Adidas and Puma, each founded respectively by brothers Adolf Dassler and Rudolf Das ...
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SDAX
The SDAX (German abbreviation for ''Small-Cap-deutsche Aktienindex'') is a stock market index composed of 70 small and medium-sized companies in Germany. These so-called 'Small cap company, small caps' rank directly below the MDAX (mid-cap) shares in terms of order book volume and market capitalization. They are thus the 91st–160th largest publicly traded companies in Germany. The index is based on prices generated in the electronic trading system Xetra (trading system), Xetra. Companies 70 companies make up the index as of the quarterly review effective in February 2024.dax-indices.com
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See also

*DAX *MDAX *TecDAX *ÖkoDAX


References


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Friedrich Fischer
Friedrich Fischer (March 19, 1849 – October 2, 1899) from Schweinfurt, Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ... is considered the father of the modern ball bearing, having invented the process for milling standard bearings in 1883. Biography Fischer designed the ball grinding mill, a machine that allows steel balls to be ground to an absolutely round state in large volumes for the first time. His innovation was to tilt slightly the grinding wheel by 1.9°, forcing the balls to rotate on both their axis while they are ground. Thanks to this innovation, he laid the foundation for the entire rolling bearing industry. Thus, the worldwide success story of the ball bearing begins in Schweinfurt. Later, 1883 is officially declared the year in which the company was ...
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Schweinfurt
Schweinfurt ( , ; ) is a town#Germany, city in the district of Lower Franconia in Bavaria, Germany. It is the administrative centre of the surrounding Schweinfurt (district), district (''Landkreis'') of Schweinfurt and a major industrial, cultural and educational hub. The urban agglomeration has 100,200 (2018) and the city's catchment area, including the Main-Rhön region and parts of South Thuringia, 759,000 inhabitants. Schweinfurt was first documented in 791 and is one of the oldest cities in Bavaria. Around 1000 the Margraves of Schweinfurt controlled large parts of northern Bavaria. From the 12th century until 1802 Schweinfurt was a Free imperial city within the Holy Roman Empire; around 1700 it became a centre of Renaissance Humanism, humanist activity, and in 1770 the city's 250-year industrial history began. During World War II, the Americans suffered their biggest air defeat over Schweinfurt in the Second Raid on Schweinfurt ''(Black Thursd ...
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Bearing (mechanical)
A ball bearing A bearing is a machine element that constrains relative motion to only the desired motion and reduces friction between moving parts. The design of the bearing may, for example, provide for free linear movement of the moving part or for free rotation around a fixed axis; or, it may prevent a motion by controlling the vectors of normal forces that bear on the moving parts. Most bearings facilitate the desired motion by minimizing friction. Bearings are classified broadly according to the type of operation, the motions allowed, or the directions of the loads (forces) applied to the parts. The term "bearing" is derived from the verb " to bear"; a bearing being a machine element that allows one part to bear (i.e., to support) another. The simplest bearings are bearing surfaces, cut or formed into a part, with varying degrees of control over the form, size, roughness, and location of the surface. Other bearings are separate devices installed into a machine or mach ...
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Vitesco Technologies
Vitesco Technologies Group AG (known until autumn 2019 as Continental Powertrain), headquartered in Regensburg, is a German automotive supplier for drivetrain and powertrain technologies. Vitesco Technologies was a business area of Continental AG until it became independent in September 2021. The company develops devices for electric vehicles as well as internal combustion engines. History On 1 January 2019, Continental Powertrain was carved out from the Continental AG. The brand name was changed from Continental Powertrain to Vitesco Technologies. The new name was introduced on 1 October 2019. In 2019, the company introduced a 48-volt-high-power drive with an output of 30 kW. On 16 September 2021, Vitesco Technologies became independent from Continental and was listed on the Frankfurt Stock Exchange.. On 1 October 2024, Vitesco Technologies merged with Schaeffler Group. Company structure Vitesco Technologies was founded to act as a more independent and entrepreneurial ...
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World War II
World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the world's countries participated, with many nations mobilising all resources in pursuit of total war. Tanks in World War II, Tanks and Air warfare of World War II, aircraft played major roles, enabling the strategic bombing of cities and delivery of the Atomic bombings of Hiroshima and Nagasaki, first and only nuclear weapons ever used in war. World War II is the List of wars by death toll, deadliest conflict in history, causing World War II casualties, the death of 70 to 85 million people, more than half of whom were civilians. Millions died in genocides, including the Holocaust, and by massacres, starvation, and disease. After the Allied victory, Allied-occupied Germany, Germany, Allied-occupied Austria, Austria, Occupation of Japan, Japan, a ...
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Productivity
Productivity is the efficiency of production of goods or services expressed by some measure. Measurements of productivity are often expressed as a ratio of an aggregate output to a single input or an aggregate input used in a production process, i.e. output per unit of input, typically over a specific period of time. The most common example is the (aggregate) labour productivity measure, one example of which is GDP per worker. There are many different definitions of productivity (including those that are not defined as ratios of output to input) and the choice among them depends on the purpose of the productivity measurement and data availability. The key source of difference between various productivity measures is also usually related (directly or indirectly) to how the outputs and the inputs are aggregated to obtain such a ratio-type measure of productivity. Productivity is a crucial factor in the production performance of firms and nations. Increasing national productivi ...
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Needle Bearing
A needle roller bearing is a special type of roller bearing which uses long, thin cylindrical rollers resembling needles. Ordinary roller bearings' rollers are only slightly longer than their diameter, but needle bearings typically have rollers that are at least four times longer than their diameter. Like all bearings, they are used to reduce the friction of a rotating surface. Compared to ball bearings and ordinary roller bearings, needle bearings have a greater surface area in contact with the races, so they can support a greater load. They are also thinner, so they require less clearance between the axle and the surrounding structure. Needle bearings are heavily used in automobile components such as rocker arm pivots, pumps, compressors, and transmissions. The drive shaft of a rear-wheel drive vehicle typically has at least eight needle bearings (four in each U joint) and often more if it is particularly long, or operates on steep slopes. See also * Race (bearing) ...
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