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German plantbuilder changes name
Apr 3, 2009
Dr. Heinrich Weiss continuing the tradition of his family-owned business (photo: sms)
Dr. Heinrich Weiss continuing the tradition of his family-owned business (photo: sms)
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Since end of March 2009 SMS Siemag has become the new name of the company that had, so far, been known as SMS Demag.
The roots of the Weiss family company go back over 130 years. From a forge located near Siegen, Germany, the company Siemag (Siegener Maschinenbau AG) evolved and grew over several generations, in particular under the leadership of Bernhard Weiss. Over the last decades, Heinrich Weiss has developed the company into a worldwide group covering the entire process chain in metallurgical plant construction including electrical systems, automation and customer service. Steady integration of companies such as Schloemann, Concast, MAN-GHH and Demag has played a key role.
For the last three years, all SMS group company shares have been owned by the Weiss family. Heinrich Weiss, told STEEL GRIPS that "by taking this step, my family is continuing the tradition of our family-owned company."
In addition, make sure to read these articles:
SMS Siemag takes over Metix (Pty) Ltd., South Africa
SMS offers takeover to elexia AG shareholders
SMS group, Germany, waiting for major orders
German plantbuilder changes name
SMS group boosts order intake, sales and profit
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