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Ceratizit
The CERATIZIT Group is a manufacturer of hard material products for wear protection and cutting tools and is present in more than 50 countries. These products are sold to customers from the automotive industry, mechanical engineering, the oil industry, medical systems, electronics and tools and mould construction.〔(CERATIZIT on LinkedIn )〕 The company is the world's fourth largest producer of hard metals. CERATIZIT S.A. is 50%-owned by Plansee Holding AG, with the remaining shares being held by private owners. ==History== CERATIZIT S.A. was created in 2002 as the result of a merger between the companies CERAMETAL (founded in 1931) and Plansee Tizit (founded in 1985).〔(CERATIZIT - the history )〕 CERAMETAL was founded in Walferdange, Luxembourg, by Nicolas Lanners. In 1948, the cooperation started between CERAMETAL and the company then known as Plansee GmbH. In 1979, CERAMETAL launched production operations in the USA and the first ceramic parts were manufactured in 1988. In 1996, Instrument AG in Bulgaria was incorporated in Plansee Tizit while, at the same time, collaboration got underway with Siel to form Siel Tizit Ltd. in the Indian city of Kolkata. Following the start-up of CERATIZIT S.A in 2002, the company opened sales offices in Brazil, Poland, Hungary and the Czech Republic. In 2007, new administrative premises were unveiled in Mamer and Reutte, while sales and marketing offices were opened in China, Mexico and Spain. In 2007, CERATIZIT acquired Newcomer Products, Inc., a private company based in Latrobe/Pennsylvania.〔(Wirtschaftsblatt, 11.07.2007 )〕 In 2010, CERATIZIT and CB Carbide combined their Asian activities within the joint venture company CB-CERATIZIT in which both CERATIZIT and the members of CB Carbide possess a 50% holding.〔(Wirtschaftsblatt, 02.11.2010 )〕 In 2011, Ceratizit moved its USA corporate headquarters from Latrobe, PA to Warren, Michigan.
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