Together we move the world so you can move the world
Welcome to the Schaeffler Group!
The Schaeffler Group with its brands INA, FAG and LuK is a leading manufacturer of rolling bearings and linear products as well as a renowned supplier to the automotive industry of high-precision products and systems for engines, transmissions and chassis applications. The group of companies stands for exceptional customer focus, innovative ability and the highest possible level of quality. Approximately 61,000 employees at over 180 locations in more than 50 countries worldwide generated sales of 7.3 billion euros in 2009. This makes the Schaeffler Group one of the largest German and European industrial companies in family ownership.
Current messages
The Schaeffler Group will invest around EUR 300 million in Asia during the next few years in order to systematically further develop its existing operations there. One the one hand, the investment will be used to develop the existing eleven manufacturing locations in China, India, Korea and Vietnam and on the other, manufacturing capacity will be expanded in China with two new factories for rolling bearings and engine and transmission components, and in India with one new manufacturing location.
The Schaeffler Group and the Henan University of Science and Technology (HUST) in China have intensified their cooperation with the signing of an initial contract about joint development projects. A delegation from the university lead by Professor Dr. Zhili Zhou, Vice President of the HUST visited Herzogenaurach and Schweinfurt last week in order to familiarize themselves with the company’s central locations.
The Schaeffler Group has with effect from 28 June 2010 consolidated its operational businesses and its stake in Continental AG under a corporation called Schaeffler GmbH based in Herzogenaurach. Schaeffler GmbH will function as a management holding for the operational businesses of the Schaeffler Group. It is wholly owned by the Schaeffler family.
Toyota Mercosur (Toyota South America) has once again presented an award to the Schaeffler Group for outstanding quality. During the “8th Mercosur Toyota Achievement Conference”, Toyota’s conference for suppliers in South America, Schaeffler Brazil received the “Quality Achievement Performance Certificate”.
With 1,146 registered patents, the Schaeffler Group ranks fifth in the German Patent and Trademark Office’s list of patent applicants that is published annually. In this list, 747 patents are for new products from Schaeffler Technologies GmbH & Co. KG with its brands INA and FAG and 399 patents are from the Schaeffler brand LuK.
The Schaeffler Group has developed a car full of ideas called the “Schaeffler Hybrid”. The vehicle is part of an advance development project that enables a practical comparison of the various options available for e-mobility to be made.
The Schaeffler Group is extending its collaboration with Chinese universities by signing a cooperation agreement with the Henan University of Science and Technology (HUST). Dr. Arbogast Grunau, President Product Development Schaeffler Group Industrial, Dr. Jianhui Gou, Managing Director of Schaeffler Group Greater China, and Zhili Zhou, Vice President of the HUST, signed the agreement during a special ceremony on March 29 in Luoyang, China.
