The Schaeffler Group with its product brands INA, FAG and LuK is a leading manufacturer of rolling bearing solutions and linear products as well as a renowned supplier to the automotive industry of high-precision products and systems for engines, transmissions and chassis applications. The group of companies stands for exceptional customer focus, innovative ability and the highest possible level of quality. Sales of over € 10.7 billion were generated at over 180 locations in more than 50 countries in 2011. With approx. 76,000 employees worldwide, the Schaeffler Group is one of the largest German and European industrial companies in family ownership.

As a forward-looking company, the Schaeffler Group has invested significant amounts in research and development, most recently in new R&D centers in Asia and North America. 6,000 of the around 76,000 Schaeffler Group employees worldwide (status 2011) work on the development of new products and technologies. Approximately 1,100 inventions are registered as patents every year. Additional success factors are employee orientation, exemplary environmental protection and sustained, long-term and targeted development of the company.

With INA and FAG, the Schaeffler Group has one of the widest product portfolios in the rolling bearing industry, covering nearly all applications. The joint catalog of standard products includes more than 40,000 products which are supplied to 60 different sectors. INA and FAG also offer a comprehensive range of services for advice, diagnostics, maintenance and mounting rolling bearings and complete systems. In Germany, the brands INA and FAG are marketed by Schaeffler AG, the largest national company in the Schaeffler Group.

LuK is renowned as a supplier of clutch and transmission solutions to almost all automobile manufacturers in the world. As a technology leader in many areas, LuK has developed ground-breaking products: In 1965, LuK was the first company in Europe to bring a diaphragm spring clutch onto the market and in 1985 launched the first dual mass flywheel. Current development efforts are particularly focused on components for forward-looking dual-clutch transmission systems or alternative drive concepts such as efficient sub-assemblies for economical hybrid drives. Practically every third new car in Europe and every fourth car that comes off a production line anywhere in the world is fitted with a LuK clutch. Since 2000 the company belongs (entirely) to the Schaeffler Group.

For more details visit www.schaeffler.com