[1] The company is based in Siegen, with German and international service and production units in Meuselwitz (Germany), the US and India.
[4] The company RD & D was acquired in 1996, followed by KPM Kube Plekker Microsystems (1999; which later merged with Herkules Controls Corporation to form HCC/KPM), Voith Paper Schleifmaschinen-Engineering (2001) and WaldrichSiegen (2004).
At the beginning of 2011, after the joint venture was terminated, the HerkulesGroup acquired all shares of the Chinese company.
The service unit, now wholly owned, goes by the name of Jiaxing GMT German Machine Tools Co. Ltd. By integrating Union Werkzeugmaschinen GmbH Chemnitz in June 2011, the HerkulesGroup realized the strategic expansion of its product range.
Its core competence is the manufacturing of generators that supply power for surface finishing by Electrical Discharge Texturing (EDT).