Type GmbH Website tgw-group.com Founded 1969 | Number of employees 2500 (2014/15) | |
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Key people Georg Kirchmayr PresidentHarald Schröpf MDJörg Scheithauer MD Revenue 475 million Euros (2014/15) Founders Heinz König, Ludwig Szinicz Subsidiaries TGW Software Services GmbH Profiles | ||
Tgw logistics group setzt auf zusammenarbeit mit der raiffeisenlandesbank o
TGW Logistics Group is supplier of material handling equipment and automated storage and retrieval systems for warehousing, production, picking and distribution, headquartered in Wels, Austria. The company engineers, produces and installs material handling solutions in different sizes, from small conveyor installations to complex distribution centers. The company name TGW comes from its original German name Transportgeräte Wels.
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Corporate information
TGW Logistics Group is a holding company which has operational subsidiaries in different countries in Europe and North America:
Among the top 20 materials handling systems suppliers published by Modern Materials Handling in 2013, TGW takes position No. 13. .
History
The company was founded in 1969 by Ludwig Szinicz and Heinz König in Wels, Austria, with a staff of 10 people. Its headquarters are still in Wels.
In 1987 the company opened its first subsidiary (TGW Transportgeräte GmbH) in Siegen (Germany). In 2001 TGW, Inc. was founded as subsidiary in the United States. Four years later TGW acquired the US material handling equipment supplier Ermanco, which is now known as TGW Systems, Inc.. The Austrian supplier of automated logistics systems Ecolog was acquired by TGW in 2007. The company's subsidiary in France TGW France SAS was opened in 2010. It entered the Chinese market in 2010 and founded a joint-venture with CSI of Brazil in 2011