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GE Jenbacher
GE Power & Water manufactures Jenbacher gas engines and cogeneration modules in the Austrian town of Jenbach in the Tyrol. It is part of their Distributed Energy portfolio of products and is one of their gas engine technologies; the other being Waukesha Engines. Jenbacher emerged from the former Jenbacher Werke, which was founded in 1959 and manufactured gas and diesel engines, and locomotives. The company was bought out by General Electric in 2003 and was renamed GE Jenbacher GmbH & Co. OHG.
== History ==
Although the company itself has a relatively short history, its origins go far back. In 1487, a mine and foundry was founded by the Fugger family. In 1657, all Fugger properties in Tyrol were taken over by the state. Due to exhaustion of the copper- and silver deposits, the mine changed focus to iron. In 1909, the mine ran out of iron as well, and after a boom during the First World War only the foundry was left. The company was acquired by Julius and Theodor Reitlinger in 1881. At the beginning of World War II, all of Tyrol was seized and Aryanized, and the company was to 'work for the benefit of the country'. The plant made brake pads for the Deutsche Reichsbahn, and from 1939 they made aeroplane parts and rocket motors for Heinkel. After the collapse at the end of the Second World War the factory was placed under public administration. It had to be converted to civilian production, and started out with cookware, but also started with the repair of railway wagons.
Because of the availability of appropriate specialists and skilled workers, it was decided to concentrate on the production of diesel engines. The first product was a 15 hp two-stroke engine, which was very successful and was manufactured in large quantities. This was followed by more two-stroke and four stroke models of engine. The JW 15, 8 TO 15 Hp; the JW20, 15 to 20 Hp; and the JW20M, the same engine,but with inertial mass damping to counteract the vibrations of the single cylinder. The company was now pushed to develop generators, compressors and pumps of the same quality.
In 1959 the company was constituted as Jenbacher Werke AG, the main shareholders being CA with 35% and Mannesmann with 26%, the rest being free float. The CA increased its share steadily and after the purchase of Mannesmann's share through the CA-controlled Andritz AG they acquired a vast majority of the share capital. In 1979 1,550 people were employed at the plant.In 1988 the majority of the company was acquired by Auricon Beteiligungs AG.〔(Auricon Beteiligungs AG acquires Jenbacher Werke from Unicredito Italiano SpA - December 29, 1989 - M&A Deal Snapshot - AlacraStore.com )〕 In 1991 it was organized into the Jenbacher Energy Systems AG (JES) and the Jenbacher Transport Systems Ltd. (JTS) divisions. In the same year, JTS acquired 29.9% of the British company Telfos Holding, which gave the company an influence on Ganz-Hunslet, the former Hungarian locomotive works Ganz-MÁVAG.〔(Jenbacher Werke acquires a minority stake in Telfos Holdings PLC - November 5, 1991 - M&A Deal Snapshot - AlacraStore.com )〕 On December 12, 1991, JTS attained majority share capital of Telfos,〔(Jenbacher Werke launches a tender offer for Telfos Holdings PLC - December 12, 1991 - M&A Deal Snapshot - AlacraStore.com )〕 and bought out General Electric's remaining share in 1993.〔(Jenbacher Transportsysteme AG acquires remaining interest in Telfos Holdings AG from GE - December 13, 1993 - M&A Deal Snapshot - AlacraStore.com )〕 In 1997, Jenbacher attempted to enter the tram market with help from AEG through a Jenbacher daughter company called Integral Verkehrstechnik AG Jenbach. Integral lost over 22 million Euros from 1997 to 2001, and led to the sale of the Jenbacher rail car division to Connex.〔(Austria/Germany: No more Integral trains from Austria )〕 In 1998 Jenbacher started its relationship with Clarke Energy which is now one of its largest gas engine distributors,〔(Clarke Energy History ). www.clarke-energy.com, Accessed 1st April 2011〕 The remaining gas engine-energy division was acquired by General Electric in 2003.〔(GE Power Systems acquires Jenbacher Werke from Auricon Beteiligungs AG - May 12, 2003 - M&A Deal Snapshot - AlacraStore.com )〕
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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