History
- 1909: Foundation of Luftfahrzeug-Motorenbau GmbH in Bissingen an der Enz as part of the Zeppelin corporation. The company manufactures engines for airships.
- 1912: 1911/12 relocation to Friedrichshafen; the name is changed to Motorenbau GmbH.
- 1918: Motorenbau GmbH is renamed Maybach-Motorenbau GmbH. After the end of the first world war the company began to manufacture car engines.
- 1966: Merger of the two companies Mercedes-Benz Motorenbau Friedrichshafen GmbH and Maybach-Motorenbau GmbH to form Maybach Mercedes-Benz Motorenbau GmbH.
- 1969: Maybach Mercedes-Benz Motorenbau GmbH is renamed Motoren und Turbinen-Union Friedrichshafen GmbH. The company is a subsidiary of MTU München GmbH which is owned at equal shares by Daimler-Benz AG and MAN AG until 1985.
- 1989: Incorporation of MTU Friedrichshafen in Deutsche Aero-space AG (DASA), a company of the Daimler-Benz Group.
- 1994: Cooperation of MTU Friedrichshafen with Detroit Diesel Corporation
- 1995: MTU Friedrichshafen and MTU München go their separate ways; MTU Friedrichshafen becomes a direct subsidiary of Daimler-Benz AG.
- 2001: MTU Motoren- und Turbinen-Union Friedrichshafen GmbH is renamed MTU Friedrichshafen GmbH.
- 2005: In late 2005, the DaimlerChrysler Off-Highway business unit, including MTU Friedrichshafen and the Off-Highway division of Detroit Diesel Corporation, is sold to the Swedish financial investor EQT Partners.
- 2006: The business is transferred into the new holding company Tognum, with MTU Friedrichshafen as its core company.
- 2009: MTU Friedrichshafen celebrates its centenary. In the same year introduction of the new Series 1600, rounding off the performance range at the lower end of the product portfolio.
Read more about this topic: MTU Friedrichshafen
Famous quotes containing the word history:
“The only thing worse than a liar is a liar thats also a hypocrite!
There are only two great currents in the history of mankind: the baseness which makes conservatives and the envy which makes revolutionaries.”
—Edmond De Goncourt (18221896)
“Its not the sentiments of men which make history but their actions.”
—Norman Mailer (b. 1923)
“No one can understand Paris and its history who does not understand that its fierceness is the balance and justification of its frivolity. It is called a city of pleasure; but it may also very specially be called a city of pain. The crown of roses is also a crown of thorns. Its people are too prone to hurt others, but quite ready also to hurt themselves. They are martyrs for religion, they are martyrs for irreligion; they are even martyrs for immorality.”
—Gilbert Keith Chesterton (18741936)