Maschinenbau Kiel

Company History: Maschinenbau Kiel GmbH designed, manufactured and marketed marine diesel engines, diesel locomotives and tracked vehicles under the MaK brand name. The three primary operating divisions of Maschinenbau Kiel GmbH were sold to different companies in the 1990s.

Rheinmetall acquired the military vehicles division in 1990. Siemens acquired the locomotive manufacturing division in 1992. Siemens sold the locomotive division to the current owner, Vossloh, in 1998. Caterpillar Inc. acquired the marine diesel engine division in 1997.

Both Vossloh and the marine diesels division of Caterpillar are still based in Kiel, Caterpillar continues to use MaK brand name on their products. The companies are major employers in Kiel.

Successor/Parent History: Vossloh AG is a rail technology company based in Werdohl in the state of North Rhine-Westphalia, Germany. The SDAX-listed group has achieved sales of around €930 million in 2016 with more than 4,000 employees (as of 2017). Vossloh is a global market leader both for rail fasteners and switch systems. In North America Vossloh is the leading manufacturer of concrete railway ties. And concerning track maintenance, they offer a globally unique grinding technology, so-called high speed grinding.

Customers are generally public and private railway companies, network operators as well as regional and municipal transport companies. Since the restructuring, Vossloh has been focusing on target markets China, the USA, Russia and Western Europe. Important European production sites of Vosslohs are located in Germany, France, Luxembourg, Poland and Scandinavia. In addition, the group has subsidiaries in Asia, North and South America, Australia and Russia. From Wikipedia

Brief History: Germany is a Western European country with a landscape of forests, rivers, mountain ranges and North Sea beaches. It has over 2 millennia of history. Berlin, its capital, is home to art and nightlife scenes, the Brandenburg Gate and many sites relating to WWII. Munich is known for its Oktoberfest and beer halls, including the 16th-century Hofbräuhaus. Frankfurt, with its skyscrapers, houses the European Central Bank.