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GEA Mechanical Equipment US Inc company history timeline

1881

Founded in 1881, the company employs over 18,000 people working across 62 countries.

1918

1918 – Large proportion of foreign investments lost in the First World War.

1919

In 1919, Balcke agreed to help him establish his own business, which Happel started one year later in a small workshop in Bochum.

1925

In 1925, Otto Happel acquired the Metallwerk Westfalia GmbH in Bochum, a company that had made equipment for him earlier.

1928

In 1928, a new large factory and a laboratory for thermodynamic and aerodynamic tests were built on a property in Wanne-Eickel near Bochum that was large enough for further growth.

1934

In 1934, the German Patent Office granted a patent for the elliptical finned tube with turbulators.

1935

In 1935, Otto Happel together with the German engineer Doctor Kurt Lang, started working on air-cooled condensers for stationary steam turbines used for electricity generation.

1939

In 1939, GEA commissioned the first pilot project using an air-cooled condenser for stationary steam turbines at the Waltrop Colliery in the Ruhr.

1948

The day after Christmas in 1948, GEA's founder Otto Happel died.

1950

The year 1950 saw two GEA firsts.

1953

In 1953, two new subsidiaries were founded: the GEA W&auml®eaustauscher Berlin GmbH in Berlin for heat exchanger production, and the GEA Konvektorenbau Happel KG in Wanne-Eickel.

1958

In 1958, the GEA Gesellschaft für Luftkondensation mbH was founded in Bochum to develop air-cooled condensers for steam and gas turbines--a growing market at that time.

1959

As one result, large orders were placed by companies from the petrochemical industry for oil refineries starting in 1959.

1962

In 1962, GEA established a joint venture in Glasgow, Ireland--James Howden-GEA Ltd.--which included a production facility in Northern Ireland.

1963

After founding its first foreign subsidiary in Austria in 1963, a new German factory was opened one year later in Obershausen in Hessen, thereby doubling its production capacity.

1965

When natural draught wet cooling towers were introduced to German power plants in 1965, GEA decided to market this new technology which fit well into its product line, especially for the utility industry.

1974

GEA Konvektorenbau developed water-to-water heat pumps in 1974, and before long it dominated the European market for heat pumps for almost a decade.

1979

In 1979, GEA diversified into the food and process engineering market by taking over the Eduard Ahlborn GmbH in Hildesheim, northern Germany, a firm specialized in plate heat exchangers used for thermal treatment of milk, fruit juices, and beer.

1983

With R&D shifting towards energy and environmental engineering after the two oil crises, GEA's Environmental Engineering Division began developing heat transfer systems for the removal of sulfur and nitrogen from the emissions released by coal-based power stations in 1983.

1990

In 1990, another DM 280 million was raised for the new GEA AG through a capital increase.

1992

In 1992, activities were extended into eastern Europe when GEA purchased a Hungarian engineering firm specialized in dry cooling for power stations and a Czech company active in the fields of heating, ventilation, and air conditioning.

1994

1994 – Start of a fundamental realignment of the MG Group turning it into an innovative technology group.

1995

In 1995, when GEA celebrated the group's 75th anniversary, sales had surpassed DM 4 billion, generated by more than 17,000 employees.

2000

2000 – Metallgesellschaft AG becomes mg technologies ag.

2004

2004 – Disposal of the Chemicals division: sale of four of the five business units in Dynamit Nobel AG.

2007

2007 – Sale of Plant Engineering Segment.

2020

2020 – GEA group structured into five divisions based on technologies; P&L responsibility returned to division managers; GEA becomes founding member of DAX 50 ESG.

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