Foundation as Philipp Hirscheider Maschinenbau
Began manufacturing of end working machines
Foundation of WERAG Werkzeugmaschinen AG (Switzerland) and takeover of machine tool business from DUAP AG.
Bringing together of construction and assembly at one location (Hilpoltstein, Germany)
Construction of a new building and relocation to Hilpoltstein
Start of development of vertical bed machines ENDURO
Takeover and further operation by Pütz Group
Move to new company premises in Ellwangen