Friedrich Fischer (1849–1899) from Schweinfurt, Germany, is considered the father of the modern ball bearing, having invented the process for milling standard bearings in 1883. Friedrich Fischer designs the ball grinder. This machine allows steel balls to be ground to an absolutely round state for the first time – and in large volumes. Thanks to this innovation, he lays the foundation for the entire rolling bearing industry. Thus, the worldwide success story of the ball bearing begins in Schweinfurt.
Later, 1883 is officially declared the year in which the company was founded.
1896 Friedrich Fischer applies for permission to build a new plant near the train station in Schweinfurt – a step towards a new industrial dimension. The new plant produces 10 million balls per week. The company is incorporated one year later.
1899 Friedrich Fischer suffers a stroke and passes away at the age of 50 on October 2. He does not have any children. With the death of this innovator and entrepreneur, his 400 employees lose the driving force of the company. The company’s financial situation worsens. This is also due to the persisting crisis in the ball industry, which is caused by overproduction, competitive pressure, protective duties, etc.
On July 29, the FAG brand is registered with the patent office in Berlin. The registered trademark FAG, which stands for Fischers Aktien-Gesellschaft, is protected in over 100 countries today.
Last modified on 16 March 2013, at 21:49