Liebherr

Liebherr is a German-Swiss multinational equipment manufacturer based in Bulle, Switzerland with its main production facilities and origins in Germany.

Liebherr-International AG
TypeAktiengesellschaft
IndustryHeavy machinery
Domestic appliances
Founded1949 (1949) in Kirchdorf, Baden-Württemberg, Germany
FounderHans Liebherr
Headquarters,
Switzerland
Key people
Isolde Liebherr and Willi Liebherr, CEO & Chairman
ProductsConstruction and agriculture machinery, refrigerators
Revenue 11.750 billion[1] (2019)
603 million[1] (2019)
429 million[1] (2019)
Total assets €14.288 billion[1] (2019)
Total equity €7.884 billion[1] (2019)
Number of employees
48,049[1] (2019)
Websitewww.liebherr.com

It consists of over 130 companies organized into eleven divisions: Earthmoving, Mining, Mobile cranes, Tower cranes, Concrete technology, Maritime cranes, Aerospace and transportation systems, Machine tools and automation systems, Domestic appliances, and Components. It has a worldwide workforce of over 42,000, with nine billion euros in revenue for 2017.[1] By 2007, it was the world's largest crane company. Established in 1949 by Hans Liebherr[2] in Kirchdorf an der Iller, Baden-Württemberg, Germany, the business is still entirely owned by the Liebherr family. Isolde and Willi Liebherr, Hans' daughter and son, respectively, are the chief executive and chairman of the Bulle, Switzerland–based Liebherr-International AG, and several other family members are actively involved in corporate management.

In 2005, Forbes magazine listed them as billionaires. In 1974, the Franklin Institute awarded Hans Liebherr the Frank P. Brown Medal.[3]

History

Starting by building affordable tower cranes, Liebherr expanded into making aircraft parts—it is a significant supplier to European Airbus airplane manufacturer—and commercial chiller displays and freezers, as well as domestic refrigerators. The group also produces some of the world's biggest mining and digging machinery, including loaders, excavators and extreme-size dump trucks. The T 282 B is the world's second biggest truck (after BelAZ 75710). The group's nine-axle mobile crane, the LTM 11200-9.1—with a 100 metres (328 ft) telescopic boom—in 2007 received the heavy-lifting industry's Development of the Year award for being the world's most powerful example of such a machine.

Over the years, the family business has grown into a group of varied companies and has locations in many countries, including Germany, Australia, Britain, Ireland, Turkey and the United States. Since 1958, its Irish factory in Killarney, Co. Kerry has built container cranes, exporting them worldwide through the port of Fenit. In Australia, the group in 2013 commenced an AU$65 million expansion of their local headquarters in Adelaide. The development includes adding a new three-storey office, workshops, warehouse, component plant, and distribution centre to the Para Hills facility.[4] In the U.S., the group in 2012 started spending US$45.4 million (about €34.1 million) on a three-year renovation and expansion of its Newport News, Virginia factory, offices and warehouse. The company sought to increase its production there beyond 100 mining trucks a year. On 19 February 2013, representatives from the Commonwealth of Virginia and the cities of Newport News and Hampton announced that they would make grants and incentives available for transport improvement, training, and property investment.[5] In addition, the Liebherr Group owns six hotels in Ireland, Austria and Germany.[6]

In April 2014, Liebherr announced that it would invest 160 million euros at its production site in Bulle, Switzerland.[7]

By 2017, Liebherr had expanded its workforce to 43,869 employees.[8] That same year, the company announced it had achieved the highest turnover in the Group's history, with sales of €9,845 million.[9] In 2018, Liebherr generated a turnover of €10,551 million, breaking through the €10 billion barrier for the first time in the company's history.[10]

Products

The line of products manufactured by the company includes:

Liebherr has the world's most powerful and tallest crawler crane in LR 13000. It is capable of lifting 3,000 tonnes (2,953 long tons; 3,307 short tons) and has a maximum pulley height of 248 metres (814 ft). This is achieved with the attachment of an additional 126-metre-long (413 ft) lattice jib to the 248-metre (814 ft) main boom. The height of the crawler chassis is an additional 2 m (6 ft 7 in), which gives the lattice structure a total height of 248 m (814 ft). The maximum hoisting height is 245 m (804 ft) and the total ballast used is 1,900 tonnes (1,870 long tons; 2,094 short tons), including 1,500 tonnes (1,476 long tons; 1,653 short tons) of derrick ballast.[12][13]

See also

References

  1. Liebherr corporate website, Undated. Retrieved: 7 Sep 2020
  2. "Portrait of the LiebHerr Group", Liebherr corporate website, Undated. Retrieved: 14 March 2013.
  3. "Laureates Search".
  4. "Liebherr starts $65m expansion", Australian Mining, 4 April, 2013. Retrieved: 10 January 2014.
  5. Expansion Projects for Manufacturing Program of Mining Trucks, Liebherr Group (US), 22 February 2013. Retrieved: 14 March 2013.
  6. "The hotels of the Group". Liebherr Group. Retrieved 4 June 2018.
  7. "Liebherr to Invest over $220 million in Component Production". Construction Pros. Retrieved 6 April 2014.
  8. Slow, Elizabeth (2018-06-14). "Liebherr Group confirms expansion plans". letsrecycle.com. Retrieved 2020-05-22.
  9. "Liebherr's highest ever turnover". www.ibj-online.com. 2018-04-16. Retrieved 2020-05-23.
  10. "Liebherr Group achieves over ten billion euro in annual turnover for the first time". Construction Plant News. 2019-04-05. Retrieved 2020-05-22.
  11. "Components". www.liebherr.com.
  12. "LR 13000". www.liebherr.com.
  13. "Liebherr's LR13000 lifts 5 other cranes, the LR11350, the LR1350.1, the LTR1100 and finally two small model crane". www.heavyliftnews.com.
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