OTTO FUCHS KG
-A Manufacturer of lightweight metals, extrusions, forgings and semi-finished and finished products.
-The Company is organized in four divisions: Aerospace, Vehicle, Construction and General Engineering.
-The Company is privately owned.
|1910||Established as a brass foundry.|
|1930's||Was the first medium-sized company in Germany to use the material of the future-aluminum.|
|1940's||Large, high-quality die-forged parts mark another technological leap forward. Magnesium and its alloys supplement the range of materials used.|
|1950's||Production of synchronizing rings started.|
|1964||Made the first mass-produced aluminum wheel, "vane-type" for the Porsche 911.|
|1960's||Acquisition of Schueco.|
|1970's||Was the first in Europe to manufacture forged aluminum parts, synchronizing rings and forged aluminum wheels for mass-produced passenger cars, thus opening up new possibilities for light-weight construction in the automotive industry.|
|1980's||Acquisition and expansion of Weber Metals.|
|1997||Established a Hungarian joint-venture with Superior Industries, the world's largest manufacturer of aluminum wheels. The 50/50 joint venture, Suoftec Light Metal Products Production & Distribution Ltd., started trial production at its new aluminum car wheel factory in Tatabanya, Hungary.|
|1990's||At the request of customers, products become increasingly specific.|
|2006||Foundation of the Joint-Venture FOXTEC Ikhwezi (Pty) Ltd. in East London, South Africa with IKHWEZI Investment Holding (Pty) Ltd. (30%).|
|2010||Acquired 50% shares in the 50-50 joint-venture called Suoftec Light Metal Products Production & Distribution Ltd. from its joint-venture partner, Superior Industries.|
|2012||Chinese subsidiary OTTO FUCHS Technology (Shenyang) Co. Ltd., founded in 2011, will start production of forged chassis parts in China in 2012.|
Supplemental Information 1
Note: A figure in brackets ( ) indicates a loss