Starting as part of the FAG Group, Rieter Components Germany GmbH has been developing and manufacturing precision components for over 60 years, providing innovative solutions to give customers an edge in their markets.
History and Milestones
Rieter Holding AG, Winterthur (Switzerland) acquires Saurer Technologies Engineered Bearing Solutions. Change of name to Rieter Components Germany GmbH and return to the tried and tested Temco brand.
Change of name to Saurer Technologies GmbH & Co. KG Engineered Bearing Solutions.
Jinsheng Group acquires Oerlikon's natural fibers and components business.
Textile company OC Oerlikon acquires textile machinery company Saurer AG. Temco components becomes Oerlikon Textile Components.
Spin-off of FAG and sale to the investment fund ECP. Foundation of Temco Textilmaschinen-Komponenten GmbH.
FAG Kugelfischer takes over the Meister company in Hammelburg as a production site and begins manufacturing components for textile applications.
Friedrich Fischer designs the first ball grinding machine. The year is later declared the founding year of FAG.