Liebherr

Liebherr Group

Type	Aktiengesellschaft
Industry	Heavy equipment
Founded	1949
Headquarters	Bulle, Switzerland
Key people	Isolde Liebherr and Willi Liebherr, CEO & Chairman
Products	Construction & Agriculture Machinery, refrigerators
Revenue	EUR 8.823 billion (2014)
Net income	EUR 316 million (2014)
Number of employees	40,839 (2014)
Website	The Liebherr Group

The Liebherr Group is a large equipment manufacturer based in Switzerland.

It consists of over 130 companies organized into ten Divisions: Earthmoving, Mining, Mobile Cranes, Tower Cranes, Concrete Technology, Maritime Cranes, Aerospace and Transportation Systems, Machine Tools and Automation Systems, Domestic Appliances, and Components. It has a worldwide workforce of over 41,000, with 8.8 billion euros in revenue for 2014. By 2007, it was the world's largest crane company. Established in 1949 by Hans Liebherr in Kirchdorf an der Iller, Baden-Württemberg, Germany, the business is still entirely owned by the Liebherr family. Isolde and Willi (son of Hans) Liebherr are the chief executive and chairman of the Bulle, Switzerland-based Liebherr-International AG, and several other family members are actively involved in corporate management. In 2005, Forbes magazine listed them as billionaires. In 1974, the Franklin Institute awarded Hans Liebherr the Frank P. Brown Medal.

Starting by building affordable tower cranes, Liebherr expanded into making aircraft parts – it is a significant supplier to Europe's Airbus plane maker – and commercial chiller displays and freezers, as well as domestic refrigerators. The group also produces some of the world's biggest mining and digging machinery, including loaders, excavators and extreme-size dump trucks. The T 282 B is the world's 2nd biggest truck (after BelAZ 75710). The group's nine-axle mobile crane, the LTM 11200-9.1 – with a 100 metres (328 ft) telescopic boom – in 2007 received the heavy-lifting industry's Development of the Year award for being the world's most powerful example of such a machine.