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Körber Schleifring G.m.b.H. Country: Germany
Nagelsweg 33-35, D-20097 Hamburg, Germany. Phone 49-40-2110701.
www.koerber.de Brands: Blohm, Ewag, Jung, Mägerle, Studer, Walter
www.schleifring.net www.grinding.com
Privately held.
Koerber Group stock owned by family-run foundation. Machine tools are one-quarter of group sales. Other MT brands include Schaudt Mikrosa BWF. Machine-tool production in Germany (4 locations), Switzerland (3 locations), Czech Rep., and  China. Sales and service in Europe, Brazil, USA, China, India, and Japan.
Values in Millions
Fiscal Year Ended Dec. 2010 Change Dec. 2009 Change Dec. 2008
Total Revenue, € 1,677.0 4% 1,612.0 -8% 1,749.0
M-T Revenue, € 333.0 14% 291.0 -40% 486.0
Net Profit (Loss), € 114.0 58% 72.0 -56% 163.0
U.S. $ Conversion Factor 1.32789 1.39436 1.47134
Total Revenue, U.S. $ 2,226.9 -1% 2,247.7 -13% 2,573.4
M-T Revenue, U.S. $ 442.2 9% 405.8 -43% 715.1
Net Profit (Loss), U.S. $ 151.4 51% 100.4 -58% 239.8
Financial Notes:
Other Koerber divisions manufacture tobacco machinery, paper-processing equipment (div. put up for sale June 2011), and pharmaceutical-packaging equipment. Schliefring (Grinding Circle) is the machine-tool division, specializes in cylindrical and creep-feed grinding. M-T imports into U.S. handled by United Grinding Technologies Inc., near Dayton, Ohio.