Demag


Demag Cranes AG is a German heavy equipment manufacturer now controlled by Finland-based Konecranes. The roots of Demag date back prior to its formation, but became Märkische Maschinenbau-Anstalt, Ludwig A.-G in 1906 as the biggest crane building company in Germany employing 250-300 people. The company was a manufacturer of industrial cranes that included types like, bridge cranes, hoist, overhead cranes, Gantry crane to name a few. In 1910 came the hour of the Deutsche Maschinenfabrik in Duisburg – known worldwide by its telegram abbreviation Demag. In 1973 The Mannesmann group assumed ownership of Demag. Since that time the company has continued to grow and change. Parts of the company under core business structuring moved from its ownership to focus the main concept of the company.

Founding

The Demag company was formed finally 1910 in Duisburg through the union of the Märkische Maschinenbau-Anstalt L. Stuckenholz AG, the Duisburg Mechanical Engineering AG, and the Benrath Machine Works GmbH.
The Märkische Maschinenbau-Anstalt L. Stuckenholz AG traces back to the machine factory Mechanische Werkstätten Harkort & Co., founded 1819 in Wetter an der Ruhr, already beginning the manufacturing of cranes in 1840.
In 1908, they designed what was then the world's largest floating crane, built for Harland & Wolff in Belfast, which would be used for the building of the passenger liners RMS Olympic and RMS Titanic.
Starting in 1925, Demag also manufactured excavators. They expanded to manufacture locomotives and railroad cars. During the Second World War, armoured fighting vehicles were built in the Berlin Staaken plant.
During the buildup to, and during World War II, Demag-designed halftrack military vehicles, both in unarmored "artillery tractor" models in the late 1930s, the basis for the powertrain of their armored Sd.Kfz. 250, which itself played an important role during the war, with just over 6,600 built by Demag and their subcontractors.

Hydraulic era

In 1954, Demag developed their first hydraulic excavators. Demag would soon expand into construction machines, vehicle cranes, moving and conveying engineering, steel mill technology, compressors, and compressed air engineering. The company also became a world leader in the manufacturing of injection moulding machines.

As part of the Mannesmann group

In 1973 the ownership of Demag was assumed by the Mannesmann group, based in Düsseldorf. In 1983 Mannesmann-Demag AG and Wean United, Inc. of Pittsburgh, United States, founded a daughter company to produce steel working equipment, Mannesmann Demag Wean Co.
A joint venture with the Japanese manufacturer Komatsu led to spinning off of the large-scale excavation operations and their renaming as Komatsu Mining.
The steel and rolling mill technology division, based in Duisburg, was spun off to Schloemann-Siemag and continues today under the name SMS Demag.
The compressor division was sold in 1996 to CompAir, which was then part of the British Siebe/Invensys group, but has since become an independent company.
Later, the injection moulding manufacturing was merged with that of Krauss-Maffei, which had itself been acquired by Mannesmann from 1989, to form Mannesmann Demag Krauss Maffei and formed part of Mannesmann Atecs, a holding company for all of Mannesmann's non-telecom activities. Krauss Maffei's general equipment manufacturing and defence portions later passed to Linke/Hoffmann/Busch. The holding company was later named Mannesmann Plastics Machinery or MPM, with primary divisions Demag Plastics and Krauss-Maffei.
Following the acquisition of Mannesmann by Vodafone in 1999-2000, the Atecs holding company was divested to a consortium of Siemens and Bosch, which then integrated parts of it into one or the other company and spun off others. The Demag units became part of Siemens.
In the autumn of 2001, Siemens divested by far the majority of these to Kohlberg Kravis Roberts. At this same time the world economy was going through another recession, entailing downsizing and the reduction of jobs. Those that remained were restructured and became part of the new company focus for future growth.
Demag Cranes and Components was one of the non-core divisions carved out from Siemens and acquired by KKR. KKR initiated a major reorganization of the Demag Crane and Components organization, including a refocused effort of their product lines. The production and general company focus changed to Overhead cranes, hoists, Gantry cranes, and Portal cranes under the name . Parts of the conveying engineering activities remained with Siemens under the name Dematic. The remainder of the conveying engineering firm was sold in 2006 as Demag Cranes AG, together with the quay crane manufacturer. Demag Cranes was listed publicly in 2006, and has since increased its market share both in the US and worldwide. MPM was also sold to KKR and is now part of Sumitomo Heavy Industries
In August 2002, the Demag crane plant in Zweibrücken became part of the US Terex company. The brand name Terex-Demag continues.
In 2011 the BBC Television programme How to Build A Super Jumbo Wing showed Demag equipment at Broughton, Flintshire, Wales, UK, lifting the largest wing ever produced for a civil airliner, 17.7 metres from front to back and 36.3 metres from fuselage to wingtip. This is fitted to the Airbus A380, the world's biggest passenger aircraft.

Notable dates.

Withdrawal of Demag Holding S.à.r.l..
References