Foundation of Thielen Feinmechanik
Foundation of Thielen Feinmechanik in Berchtesgaden, start of production of stamped parts, precision-engineered parts, assemblies and pressure gages, and market entry in the automotive sector
Foundation of Hungarian subsidiary
Foundation of Hungarian subsidiary Thifim in Zalaegerszeg, start of production of plastic injection-molded parts
Relocation of Hungarian subsidiary
Move and introduction of automotive standards at both plants