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Knorr Brake history
Knorr Brake company history timeline
They continued to rise through the decade, reaching DM 127.2 million in 1980.
By 1980 the company structure that had been too hastily put together in the first years after the war began to show its effects on company profitability.
Finally, in October 1984, over Vielmetter's objections, a number of minority shareholders transferred their stock to Bandemer, giving him majority control.
1985: Takeover by Heinz Hermann Thiele Restructuring and concentration on braking technology for rail and commercial vehiclesBreakup of the legal corporate structure and creation of two divisions
In 1990 it purchased the rail brake division of New York Air Brake.
Weyer, Bla, "Aus der Not eine Tugend gemacht," Süddeutsche Zeitung, August 10, 1992.
Baumgartner, Ekkehart, "Knorr Bremse gibt Gas," Welt am Sonntag, April 14, 2002.
In 2002 it would further solidify its American presence with the acquisition of Bendix Commercial Vehicle Systems LLC, a producer of brake systems for trucks.
"Knorr-Bremse: 100 Jahre Arbeit gegen den Bremsweg," Deutsche Verkehrszeitung, June 11, 2005.
The Knorr-Bremse Technology Center, with a total area of 45,000 square meters, was scheduled for completion in 2013.
2017: Acquisition of Kiepe Electric: a step toward electrification
Heinz Hermann Thiele, majority shareholder and long-time Chairman of the Executive Board and Supervisory Board of Knorr-Bremse AG, passed away on February 23, 2021, at the age of 79, in Munich.
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Knorr Brake competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| SL Power Electronics | 1960 | $150.0M | 66 | - |
| Varian Semiconductor Equipment Associates | 1999 | $1.1B | 1,702 | - |
| Electro Industries | 1975 | $1.5M | 20 | - |
| Unipower | 1988 | $3.7M | 5 | - |
| FLIR Systems | 1978 | $1.9B | 4,179 | 311 |
| Coherent | 1966 | $1.5B | 4,875 | 391 |
| Rigaku Corp. | 2006 | - | 751 | 20 |
| Microscan Systems | 1982 | $14.0M | 152 | - |
| Dranetz-BMI | 1962 | $2.7M | 11 | - |
| MTI-Milliren Technologies | 1990 | $3.6M | 20 | - |
Knorr Brake history FAQs
Zippia gives an in-depth look into the details of Knorr Brake, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Knorr Brake. The employee data is based on information from people who have self-reported their past or current employments at Knorr Brake. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Knorr Brake. The data presented on this page does not represent the view of Knorr Brake and its employees or that of Zippia.
Knorr Brake may also be known as or be related to Knorr Brake, Knorr Brake Company and Knorr Brake Company LLC.