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At a Glance

Major Events in 2015

January

Detroit: At the North American International Auto Show (NAIAS), Schaeffler presents innovations that make automobiles safer, more environmentally friendly and more comfortable. The products on show are customized to the requirements of the region. One means of display is the “Glass Car”, an exhibit that includes around 40 products and technologies.

April

Nürnberg: The first Annual General Meeting after the initial public offering is another milestone in corporate history. The Chairman of the Supervisory Board, Georg F. W. Schaeffler, welcomes over 350 shareholders and media representatives in Nuremberg’s Frankenhalle.

Berlin: Schaeffler’s E-Clutch takes first place in the “Automobility” category at the environmental and business prize, the GreenTec Awards. The technology reduces CO2 emissions by between three and eight percent under real operating conditions.

Herzogenaurach: Schaeffler is presented with the “2016 German Innovation Award” in the “Large Companies” category for its active mechatronic roll control. With the volume production of this system, which started in August 2015, Schaeffler has opened up a new chapter in chassis technology.

Hannover: At the 2016 Hannover Messe, Schaeffler showcases solutions for digitalized production and machine monitoring with its “Drive Train 4.0” technology exhibit. In focus are two new digital services: the calculation of rolling bearings’ remaining useful life and automated rolling bearing diagnostics.

May

Fort Mill/Wooster: The Schaeffler Group increases its capacity at two U.S. locations by building new manufacturing halls and administration buildings. Schaeffler invests about 80 million Euros and creates more than 350 new jobs.

Carisio/Momo: The Schaeffler Group’s most modern warehouse is now officially in operation. As part of the step-by-step expansion of its European distribution network, Schaeffler opens its European Distribution Center (EDC) South in Carisio, Italy. The EDC South will supply products to all customers of the Industrial Division in southeastern and southern European countries. The new warehouse is designed to ensure even faster and more reliable supplies.

July

Erlangen: SHARE – Schaeffler Hub for Advanced REsearch – is synonymous with Schaeffler’s strategic cooperation with colleges and universities. Following the collaboration with KIT (Karlsruhe Institute of Technology), Schaeffler forms another collaborative research project with the Friedrich-Alexander University of Erlangen-Nuremberg. The focus of the research undertaken by SHARE at FAU is on digitalization and production processes.

October

Herzogenaurach:Schaeffler enters into a strategic partnership with IBM as its partner for digital transformation. IBM will act as the technology provider, consultant and development partner for a digital ecosystem to support Schaeffler in the integration of its mechatronic components, systems and machines into the rapidly expanding world of the “Internet of Things” (IoT), as well as implementing market ready new business models based on digital services.

Nanjing/Chonburi: Schaeffler celebrates the opening of new production halls in China and the inauguration of a new plant in Thailand with traditional local ceremonies. The increase in production capacity means that Schaeffler has moved even closer to its customers in Chinese and Asian markets.

November

Herzogenaurach: With its “Mobility for tomorrow” strategy, adopted in November following in-depth consultations with management and the Supervisory Board, Schaeffler sets the course for future sustainable growth. Based on four crucial megatrends – climate change, urbanization, globalization and digitalization –, the company concentrates on 4 focus areas across divisions and regions: “Eco-friendly drives”, “Urban mobility”, “Interurban mobility” and “Energy chain”. 8 strategic pillars define the scope for action for the next years. The content of the strategy is based on three main topics: E-Mobility, Industry 4.0 and Digitalization; implementation is to proceed in accordance with the excellence program “Agenda 4 plus One” which comprises 16 strategic initiatives.

Mission
“Guided by the values of a global family business, we work closely together with our customers as true partners to deliver a compelling value proposition through our best-in-class expertise in manufacturing technology and systems know-how. In doing so, we contribute to the success of our customers, the advancement of our employees, and the prosperity of our society.”

Vision
“As a leader in technology, we combine a passion for innovation with the highest standards of quality to shape the future of mobility – for a world that will be cleaner, safer, and smarter.”

December

Herzogenaurach: Quality summary 2016: Schaeffler’s top quality convinces customers worldwide – and it is getting better all the time. In 2016, the company receives more awards than ever before. In 75 plants around the world, Schaeffler manufactures about 60,000 automotive and 90,000 industrial products in large volumes. In total, the company sells more than 7.1 billion products.

Romanshorn/Magdeburg/Starnberg: Schaeffler concentrates on selected core competencies and future fields of development. With this strategic portfolio focus in mind, the company sells its fine blanking activities in Switzerland and its cylinder head manufacturing unit in Magdeburg, Germany. In turn, Schaeffler increases its expertise for the expansion of electric mobility by acquiring a 51-percent stake in electric motor manufacturer Compact Dynamics. In addition, Schaeffler and SEMIKRON agree on a cooperation for the development of power electronics systems and the integration of power electronics components.

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