FAG-Internet | Company | Maria-Elisabeth Schaeffler(Site not responding. Last check: 2007-11-02)
Schaeffler belongs to several boards and committees: She is the chairperson of the Dresdner Bank's advisory board for Bavaria, a member of the curatorship for the Nuremberg region and the board of governors of the Germanisches Nationalmuseum, and serves on the managing board of the Nuremberg Society of Opera Friends.
On the occasion of opening the INA-Schaeffler plant in Brasov, Romania, Maria-Elisabeth Schaeffler was appointed an honorary member of the senate of the Transylvania University of Brasov by the rector, Prof.
Hans Lang, mayor of Herzogenaurach, bestowed honorary citizenship, the highest honor given by the city of Herzogenaurach, on Maria-Elisabeth Schaeffler in recognition of her exemplary economic, social, corporate and voluntary commitments to the city and the region of Franconia.
The Schaeffler brothers found INA in Herzogenaurach in 1946 with the manufacture of hand carts as well as an ingenious idea – the invention of the cage-guided needle roller bearing.
GeorgSchaeffler, who founded the company with his brother Wilhelm in 1946, demonstrated what it means to think outside the box as early as 1949.
GeorgSchaeffler’s inventive spirit and his will to succeed have become a permanent part of corporate culture in more than 35 plants worldwide.
In early March 2001, Maria-Elisabeth Schaeffler was the first woman to be elected to the 10-member steering committee of the Nuremberg Chamber of Commerce.
In 1996 she was awarded the “Steckkreuz” in recognition of her contributions to the Bavarian Red Cross.
On April 30, 2001, Maria-Elisabeth Schaeffler was awarded the German Cross of Merit with Ribbon for her outstanding entrepreneurial achievements and her commitment to social issues.
FAG-Internet | Company | Owners / Management(Site not responding. Last check: 2007-11-02)
As a family business, we realize that we have a responsibility to keep moving forward in a world which is developing at a faster and faster rate and in which the half-life of forecasts is becoming increasingly shorter.
As the Schaeffler Group, we must be competitive and work together to achieve our goals.
In the spirit of a “family business”, the shareholders and management of the Schaeffler Group see it as their task to continue to develop the company responsibly and successfully.
The idea was to develop a cage to guide needle roller bearings, which up to that time had a tendency to skew and increase frictional resistance or lock.
GeorgSchaeffler and his brother's Wilhelm's successful development of the cage guided needle roller bearing brought about rapid expansion of the company and on 26th October 1955, INA Needle Bearing Co opened the doors of its London office for business.
INA is a member of the Schaeffler Group, which today employs 58,000 people at over 180 locations throughout the world and has group sales of over Eur 7 billion.
Connecting Industry, for Industrial, OEM and Manufacturing professions(Site not responding. Last check: 2007-11-02)
INA Bearing Company (which is now Schaeffler UK) traces its history as far back as the Second World War, when its founders, Dr GeorgSchaeffler and his brother, Wilhelm Schaeffler, began manufacturing and producing hand carts, wooden belt buckles, buttons and spare parts for agricultural machinery.
Dr Schaeffler’s solution was to guide the needles axially in a cage: working with a team of in-house technicians he developed the idea until it was ready for mass production and then set out with a case of samples to convince customers of the advantages of the new needle bearing.
While Dr Schaeffler’s original design for the caged needle roller bearing is still in use in its original form today, the design has been continually improved and adapted to meet increasing and diverse demands.
The engineering company Schaeffler (UK) was also involved in the search for Wales' most outstanding leaders with its sponsorship of the Team Leader Category of the Leading Wales 2006 Awards.
Kate Hartigan, Schaeffler (UK) managing director commented: 'It was the leadership shown by INA company founders Dr Wilhelm and Dr GeorgSchaeffler 50 years ago that set the stage for the Company's ongoing success.' She continued: 'Strong and capable leadership is a valuable asset to any organisation.
But having leaders who can inspire and encourage their team to use their individual skills to the organisation's benefit is invaluable, and this is why we wish to recognise those leaders with such highly prized abilities.
Maria-Elisabeth & Georg Schaeffler, The World's Richest People - Forbes.com(Site not responding. Last check: 2007-11-02)
They jointly own one the world's largest producers of roller bearings, $7.2 billion (revenues) INA Waelzlager Schaeffler KG.
Son Georg has left the running of the company in the competent hands of his mother, preferring to practice international business law at Haynes and Boone in Dallas.
A well-known figure in Bavaria where she lives, Maria Elizabeth has been awarded the Bavarian Order of Merit for her commitment to social issues and the German Cross of Merit for her entrepreneurial achievements.
NA-Holding Schaeffler KG and FAG Kugelfischer Georg Schafer AG For Release:
The Federal Trade Commission today announced a proposed consent order with INA-Holding Schaeffler KG (INA) and FAG Kugelfischer Georg Schafer AG (FAG) that will permit INA to complete its acquisition of FAG, while remedying the likely anticompetitive impact identified in the cartridge ball screw support bearing (CBSSB) market.
Under the terms of the proposed order, INA and FAG would be required to divest FAG's CBSSB business to Aktiebolaget SKF (SKF) no later than 20 business days from the date on which INA begins its acquisition of FAG.
Shares of FAG Kugelfischer Georg Schafer AG (Schweinfurt, Germany) rose quickly to a new 52-week high after details became clearer of a hostile takeover bid by privately-held INA Holding Schaeffler KG (Herzogenaurach, Germany).
INA ownership is split between two people, both descendants of one of the founding brothers.
Maria-Elizabeth Schaeffler, widow of co-founder GeorgSchaeffler, and her son George are the only shareholders.
In at 194 is the leading entertainer, George Lucas of Star Wars fame, who is worth $3 billion.
George Soros, New York, 74, $7.2, hedge funds
Maria-Elisabeth and GeorgSchaeffler, Germany, no age given, $6.3, ball bearings
www.andpop.com /article/4031 (634 words)
Pfarrei Garching Namensregister Kiening Genealogie(Site not responding. Last check: 2007-11-02)
Peischl Georg 1694 Garching 16 "Riemergidi " (1/16)
Pruckmoser Georg 1820 Freimann 13 "Leitmayr " (1/1)
Pubnkofer Georg 1797 Großlappen 1 "Lappen " (1/1)
www.genealogie-kiening.de /P304.HTM (5034 words)
Engineering giant celebrates golden jubilee: News from Schaeffler (UK)(Site not responding. Last check: 2007-11-02)
Edited by the Buildingtalk Editorial Team on 25 October 2005
INA is a member of the Schaeffler Group, which today employs 58,000 people at over 180 locations throughout the world and has group sales of over 7 billion euros.
Mrs Hartigan commented on how INA has been able to grow its business despite a decline in the UK manufacturing sector over recent years: 'INA has counteracted the effects of the struggling market by seeking to consolidate and increase business with our current customers'.
News Briefs(Site not responding. Last check: 2007-11-02)
The impetus for endowing the chair came from Jeff Hughes '65, campaign chair, George Krouse '70, and Lanty Smith '67 who worked with Dean Linda Steckley to raise the funds.
The team won first place, and Springer was named best oralist in the competition.
Also, James Goldfarb, Trey Wichmann, and GeorgSchaeffler traveled to the University of Cincinnati in April to compete in a Products Liability Competition, and Goldfarb captured the honor of top oralist of that competition.
Forbes.com: Forbes World's Richest People 2004(Site not responding. Last check: 2007-11-02)
U.S. Home > Lists > World's Richest People > Maria-Elisabeth & GeorgSchaeffler
Mother and son jointly own INA Waelzlager Schaeffler KG, one of the world's largest producers of roller bearings.That top spot came after a suprise acquisition in 2001 of publicly listed FAG Kugelfisher Georg Schdfer.
Since her husband's death in 1996 Maria Elizabeth has been running the $86 billion private company, leaving Georg free to practice international law in Dallas at Haynes and Boone.