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SCHIESS BRIGHTON CNC Takım Tezgahları Firması SCHIESS, as a company, was founded in 1866 by Ernst Schiess in Düsseldorf, Germany. The company is a well-known brand name in the machine tool industry worldwide. It has more than 130 years of machine tool manufacturing experience. Throughout its long history the company has specialized in, and is best known for its large, heavy duty machines of innovative design. Over time SCHIESS AG, Düsseldorf, created a large group of subsidiaries with production facilities by acquisition or formation, like SCHIESS FRORIEP and SCHIESS MOWEG, Mönchengladbach, SCHIESS WOTAN, Düsseldorf, SEDIN SCHIESS, Aschersleben and Krasnodar, Russia, SCHIESS WEMA, Aschersleben. Bremer Vulkan AG, the main shareholder of SCHIESS AG, Düsseldorf/Dorries Scharmann AG, Düsseldorf declared bankruptcy in 1996. The plants in the Düsseldorf area were closed. Only SCHIESS MOWEG with a large assembly plant, Mönchengladbach and SEDIN SCHIESS, Aschersleben and Krasnodar survived and continued their original business activities. In 1997, a team of senior management of the former SCHIESS AG, Düsseldorf company, including the chairman of the board, general managers and senior designers founded a new SCHIESS AG, Aschersleben in the former Eastern Germany and developed new lines of large size machine tools in close cooperation with the engineering company SWT, in Jüchen near Mönchengladbach, and SEDIN SCHIESS. This new SCHIESS AG in Aschersleben encountered financial difficulties in 2004. Shenyang Machine Tool Co., Ltd. of China founded a new subsidiary called Schiess GmbH, Aschersleben, which acquired the assets. Upon the acquisition, most and the remaining founding executives left the company. In 2005, these executives joined with Brighton Equipment Corporation of New Jersey, USA to form SCHIESS BRIGHTON GmbH in Mönchengladbach near Düsseldorf. The company is again building, marketing and servicing the large machine tools for which the name SCHIESS is known and respected. These machines include gantry mills, single/double column vertical boring and turning centers and horizontal boring mills. There are a number of investment companies from the United States and Europe, plus the former executives of former SCHIESS AG, Düsseldorf, jointly forming SCHIESS BRIGHTON Holding Limited in the Bahamas. This holding company owns three subsidiaries in different geographic regions; namely: SCHIESS BRIGHTON GmbH in Mönchengladbach, Germany - responsible for the European markets; SCHIESS BRIGHTON (Germany) Limited in Hong Kong - responsible for the Asian markets; SCHIESS BRIGHTON GmbH, Inc. in New Jersey, USA - responsible for the North American markets. This group of companies is marketing, building and servicing large machine tools with the name of SCHIESS BRIGHTON.