COMPANY·HISTORIES
NAIC 333512

Other Commercial and Service Industry Machinery Manufacturing

How the companies in this industry began, and the forces that shaped them.

20companies1868–1999founding years20still active0no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironment
FoundedSandvik ABFoundedSandvik AB
1868
FoundedCincinnati Lamb Inc.FoundedCincinnati Lamb Inc.FoundedMilacron, Inc.FoundedMilacron, Inc.
1884
FoundedHella KGaA Hueck & Co.FoundedHella KGaA Hueck & Co.
1899
1903
TechnologyThe Wright brothers achieve powered flight.
1908
TechnologyThe Ford Model T brings the automobile to the middle class.
1913
EconomyThe Federal Reserve is created.
1914
EconomyWorld War I begins; global trade reorders.
1929
EconomyThe stock market crashes; the Great Depression begins.
1933
EconomyNew Deal reforms reshape banking and industry.
FoundedGroz-Beckert Group
1937
FoundedKennametal Inc.FoundedKennametal Inc.
1938
1939
EconomyWorld War II begins; wartime production surges.
1945
EconomyThe war ends; a long postwar expansion begins.
FoundedKörber AGFoundedKörber AG
1947
TechnologyThe transistor is invented at Bell Labs.
FoundedLiebherr-International AGFoundedLiebherr-International AG
1949
1956
EconomyThe Interstate Highway program remakes commerce.
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
1970
EnvironmentThe EPA is founded; environmental regulation expands.
1971
EconomyThe dollar leaves the gold standard; Nasdaq opens.
1973
EconomyThe OPEC oil embargo triggers a global shock.
1975
TechnologyThe personal-computer era begins with the Altair.
1979
EconomyA second oil crisis drives inflation higher.
FoundedFlow International CorporationFoundedFlow International Corporation
1980
EnvironmentSuperfund law makes polluters pay for cleanup.
1981
TechnologyThe IBM PC launches and sets a standard.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
1987
EconomyBlack Monday: markets fall 22% in a single day.
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EconomyThe Asian financial crisis rattles global markets.
EnvironmentThe Kyoto Protocol sets the first climate targets.
FoundedThyssen Krupp AG
1999
2000
EconomyThe dot-com bubble bursts.
2001
EconomyThe September 11 attacks; a recession follows.
2004
TechnologySocial media and Web 2.0 begin to take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2008
EconomyThe global financial crisis freezes credit.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

Sandvik AB →
Active · founded 1868 · Sweden
Sandvik AB is an industrial engineering group based in Sandviken, Sweden, and trading through an international network…
Sandvik AB →
Active · founded 1868 · Sweden
Sandvik AB is an industrial engineering group based in Sandviken, Sweden, and trading through an international network…
Cincinnati Lamb Inc. →
Active · founded 1884
With its headquarters located in Warren, Michigan (outside of Detroit), Cincinnati Lamb Inc.
Cincinnati Lamb Inc. →
Active · founded 1884
With its headquarters located in Warren, Michigan (outside of Detroit), Cincinnati Lamb Inc.
Milacron, Inc. →
Active · founded 1884
At the dawn of the 21st century, Cincinnati-based Milacron, Inc.
Milacron, Inc. →
Active · founded 1884
At the dawn of the 21st century, Cincinnati-based Milacron, Inc.
Hella KGaA Hueck & Co. →
Active · founded 1899 · Germany
Hella KG Hueck & Co.
Hella KGaA Hueck & Co. →
Active · founded 1899 · Germany
Hella KG Hueck & Co.
Groz-Beckert Group →
Active · founded 1937 · Germany
Groz-Beckert Group is among the world's leading manufacturers of high-precision industrial needles used in the cloth…
Groz-Beckert Group →
Active · founded 1937 · Germany
Groz-Beckert Group is among the world's leading manufacturers of high-precision industrial needles used in the cloth…
Kennametal Inc. →
Active · founded 1938
Kennametal Inc.
Kennametal Inc. →
Active · founded 1938
Kennametal Inc.
Körber AG →
Active · founded 1947 · Germany
Körber AG is the holding company for a diversified machinery manufacturer based in Hamburg, Germany, with 30 production…
Körber AG →
Active · founded 1947 · Germany
Körber AG is the holding company for a diversified machinery manufacturer based in Hamburg, Germany, with 30 production…
Liebherr-International AG →
Active · founded 1949 · Switzerland
1950s:Liebherr starts making household refrigerators.
Liebherr-International AG →
Active · founded 1949 · Switzerland
1950s:Liebherr starts making household refrigerators.
Flow International Corporation →
Active · founded 1980
Flow International Corporation, an industry pioneer, designs and manufactures cutting and cleaning systems that use…
Flow International Corporation →
Active · founded 1980
Flow International Corporation, an industry pioneer, designs and manufactures cutting and cleaning systems that use…
Thyssen Krupp AG →
Active · founded 1999 · Germany
Thyssen Krupp AG was created in March 1999 from the merger of two of Germany's oldest industrial giants, Thyssen AG and…
Thyssen Krupp AG →
Active · founded 1999 · Germany
Thyssen Krupp AG was created in March 1999 from the merger of two of Germany's oldest industrial giants, Thyssen AG and…
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