Voith Group

The Voith Group is a German multinational technology company with a broad portfolio of systems, products, services and digital applications. Voith works in the markets of energy, paper, raw materials and transport & automotive. Founded in 1867, the company today has around 21,000 employees, sales of €4.9 billion and locations in over 60 countries worldwide and is thus one of the larger family-owned companies in Europe. Company history Years of foundation In 1825, Johann Matthäus Voith took over his father's locksmith's workshop in Heidenheim with five employees, mainly carrying out repairs to water wheels and paper mills. Around 1830 in Heidenheim, there were about 600 people working in 15 factories, mostly textile factories that had been established by wealthy merchants and publishers. The necessary maintenance and repair of the expensive machinery offered a source of income to several workshops, particularly the locksmiths and metalworkers in what was still a small town at the time. In 1830, Johann Matthäus Voith and his workshop were involved in the construction of a paper machine developed by Johann Jakob Widmann from Heilbronn.