In 1899, the former partnership was changed to a public limited company with capital assets of 1 million Goldmarks. In 1890, the company had around 100 employees, among them a wages clerk and three technicians to assemble the machines. Today, 7,236 employees and 261 trainees work for the group worldwide. Gildemeisterstraße 60 in Bielefeld has since become the group’s headquarters. In the following decades, the plant near the Cologne-Minden train station in Bielefeld was expanded to include several production facilities.įor over 100 years – until 1976 - the company was based across the street from the main railroad station, where the hotel Bielefelder Hof and the municipal exhibition hall are now situated. On 1 October 1870, locksmith Friedrich Gildemeister founded the ‘Werkzeugmaschinenfabrik (Machine Tool Plant) Gildemeister & Comp’ back in the ‘pioneer days’ in Germany.
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