History

The SHW Group is an enterprise with an uninterrupted metallurgical tradition. The roots of the present-day SHW Group go back to the year 1365, when work began on the smelting of iron ore in the Swabian Jura. The company's development into a technological leader in the production of vehicle components contributing to a reduction in CO2 emissions results from an awareness of being rooted in a long tradition, accompanied by a readiness and desire for change and innovation.

1365

The mining and smelting of iron ore around Königsbronn form the origin of the works there and of the whole of SHW.

1921

The SHW Group is formed in 1921 from Schwäbische Hüttenwerke GmbH („SHW GmbH"), founded by Gutehoffnungshütte, Aktienverein für Bergbau und Hüttenbetrieb (nowadays MAN AG) and the state of Baden-Württemberg. The founding partners each hold a 50-percent stake in SHW GmbH. The business activities of SHW GmbH initially lie in the mining sector, the running and operation of smelting works, and trading in raw materials.

 

1925

SHW builds the prototype of an automobile that is so advanced that no companies at that time want to take the production risk: its aluminium chassis, independent suspension and numerous other technical details will only flow into mass production several decades later.

 

1950

In the 1950s, SHW begins producing brake discs at its Tuttlingen-Ludwigstal plant.

1963

SHW starts sintered component production, which is shifted in 1968 from Friedrichstal near Baiersbronn to Aalen-Wasseralfingen.

1978

Hydraulic pump production begins in the new Plant 2 in Bad Schussenried. The automotive supply business becomes increasingly important in the years to come.

1990

SHW celebrates its 625th anniversary. The following years will mark a clear restructuring of corporate activities.

1996

STT Technologies Inc. is founded in Toronto, Canada, as a joint venture with Tesma International Inc. (today: Magna) for the marketing of oil pumps in the NAFTA region. In 2008, STT sets up a plant in Mexico via the 100-percent-owned subsidiary STT Technologies de México, S.A. de C.V.

 

2005

In 2005 the non-automotive business segments and their affiliated companies finally separate from the SHW Group. SHW since then operated under the name of Schwäbische Hüttenwerke Automotive GmbH. The new partner is financial investor Nordwind Capital, to whom MAN and the state of Baden-Württemberg sell their stakes.

2011

SHW, which operates as SHW AG since June 2011 following the change in legal form from Schwäbische Hüttenwerke Beteiligungs GmbH to an Aktiengesellschaft, goes public. On 7 July 2011, the SHW stock starts trading under the ticker symbol SW1 on the Prime Standard of the Frankfurt Stock Exchange.