History
Year | Event | Development |
1941 | Company founded by Friedrich Nagel in Stuttgart | Production of honing tools and honing stones |
1944 | Company moves to Nürtingen | After world war II the company grows quickly |
1950 | Construction of the first factory building | Manufacture of the first horizontal honing machines |
1953 | Vertical honing machines complement the product range | |
1954 | Number of employees reaches 80 | |
1955 | Construction of the first custom-made machine with patented measurement automation for the machining of engine cylinders | |
1958 | Manufacture of automated assembly machines for the automotive industry with several plant extensions in the following years | |
1960 | Takeover of a machine tools factory in Metzingen and a company in Grötzingen | Expansion of product range with the areas for deep drilling and tape finishing |
1965 | Company gains an international reputation and in the next years continues to grow and builds a new production facility for tool making and honing stone production | |
1968 | Founding of the esubsidiary Elgan diamond tools | |
1970 | Takeover of the Permat company near Birmingham, England | |
1971 ff. | Resumption of production of stone finishing machines and equipment resulting in first contacts with the ball and roller bearings industry. Product range extended to include area of assembly machines and assembly lines Large orders for several transfer lines for the complete assembly of engine cylinders and gearbox units |
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1974 | Plant established in Sao Paulo, Brazil | International reputation of the company continues to grow |
1982 | Opening of own sales office in New York, USA | |
1988 | Construction of factory in Ann Arbor, Michigan Transfer of US sales office to this location |
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1992 | Founding of NAGEL Special Machines in Bangalore, India | |
1995 | Takeover of the TBT company, market leader in the field of deep drilling |
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1996 | Takeover of the KADIA company | |
2002 | Founding of NAGEL Mexico | |
2006 | Founding of sales and service company in China with offices in Peking and Shanghai | |
2007 | Majority interest in the AOBA company, Japan | |
2011 | The NAGEL group employs a total of approx. 1200 people worldwide |