From a washhouse in Siegburg to an international corporation
The founding year. Jean Walterscheid starts to manufacture bicycle parts in an old washhouse on Mühlengasse in Siegburg/Rhineland.
Start of axle shaft production for cars and trucks, move to the former Hansensmühle hammer mill on Bachstrasse in Siegburg. No. of employees: 15.
Bernhard Walterscheid-Müller joins the company.
Armaments production. No. of employees: 50. Annual sales: 486,000 Reichsmarks.
Partial destruction of the company buildings in an air raid.
Reconstruction. No. of employees: 8.
Walterscheid pays the cost of its employees' holiday trips for the first time.
Bernhard Walterscheid-Müller becomes co-proprietor and Managing Director of the company.
Start of production of agricultural PTO drive shafts.
Construction of the first production shop in Lohmar. Employees: 399. Annual sales: DM 12 million.
New manufacturing segment: production of tube fittings.
Transfer of axle shaft production to Lohmar. Employees: 940. Annual sales: DM 50 million.
Founding of Birfield Trasmissioni in Bruneck, Italy, as a joint venture with the British partner company Birfield.
Founding of Uni-Cardan AG: merger of the PTO drive shaft manufacturers Jean Walterscheid KG, Löhr & Bromkamp (Offenbach), Gelenkwellenbau GmbH (Essen). Later joined by Glaenzer-Spicer (Poissy, France), Birfield Trasmissioni, Walterscheid Schmiede- und Presswerk (Trier).
Acquisition of the Birfield Group by GKN, resulting in GKN acquiring an interest in Uni-Cardan AG.
Introduction of the 40-hour week. No. of employees: 1,630.
Increase of the GKN interest to 59.6 percent. The GKN Group thus becomes the majority shareholder. Employees: 2,132. Annual sales: DM 157 million.
Founding of Walterscheid Inc. in Burr Ridge, USA.
Founding of the joint venture Matsui-Walterscheid in Tokyo, Japan.
Construction of the high-bay warehouse. Annual sales: DM 301 million.
Acquisition of the Agmaster company in St. Thomas, Canada. Employees: 1,725. Annual sales: DM 329 million.
Construction of a new Walterscheid Canada (Agmaster) factory in Rodney, Canada. Employees: 1,660. Annual sales: DM 329 million.
Conclusion of licensing and supply agreements with the Kaleli company in Ankara, Turkey, and Arya Mehvar in Teheran, Iran.
Acquisition of the former Getriebewerk Kirschau GmbH, now GKN Walterscheid Getriebe GmbH.
Walterscheid Rohrverbindungstechnik GmbH becomes an independent entity.
GKN Walterscheid GmbH becomes part of the GKN OffHighway Division, headquartered in Lohmar.
Start of construction of a new gearbox production facility in Sohland.
Acquisition of the Glaenzer-Seurre Landtechnik company in Belgium. Renamed GKN Walterscheid Belgium BVBA.
Opening of the new gearbox production facility in Sohland.
Acquisition of the Cramer GmbH company in Essen.
Acquisition of the American drive shaft manufacturer Rockford Powertrain in the USA.