OTTO FUCHS KG

Company Profile

■URL

https://www.otto-fuchs.com/en/home.html

■Address

Derschlager Strasse 26, 58540 Meinerzhagen, Germany

Business Overview

-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.

Shareholders

-The Company is privately owned.

Products

Wheels

History

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.
2018 Announced the new construction of OTTO FUCHS Surface Technology in Meinerzhagen, Germany.

Supplemental Information 1

Note: A figure in brackets ( ) indicates a loss