AFG Arbonia-Forster-Holding AG Amriswilerstrasse 50
AFG Arbonia-Forster-Holding AG Amriswilerstrasse 50
AFG Arbonia-Forster-Holding AG Amriswilerstrasse 50
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Yesterday...<br />
The origins of <strong>AFG</strong> date back to 1874,<br />
when F. J. <strong>Forster</strong> started a coppersmith’s<br />
workshop in the old town of Arbon.<br />
In 1908 a new building was erected in<br />
Romanshorn Street in Arbon. In the winter<br />
of 2007/2008 a number of <strong>AFG</strong> employees<br />
were relocated from this old building<br />
to the <strong>AFG</strong> Corporate Center.<br />
100 years after they were fi rst occupied,<br />
2008/2009 will see the buildings in Zelg<br />
Street and Romanshorn Street knocked<br />
down. In 1904 the fi rst oven top parts<br />
were built, in 1915 the fi rst steel pipe<br />
radiators and in 1930 the fi rst profi le steel<br />
pipes. The takeovers by <strong>Arbonia</strong> (1958)<br />
and <strong>Forster</strong> (1973) created the basis for<br />
the new company name of the <strong>Arbonia</strong><br />
<strong>Forster</strong> Group in 1974 The origins of this<br />
28 | <strong>AFG</strong> Corporate Center<br />
A LOOK TO THE FUTURE<br />
<strong>AFG</strong> yesterday,<br />
today and tomorrow<br />
The history of <strong>AFG</strong> is a long and successful one. What began in 1874 as a<br />
coppersmith’s workshop in the small town of Arbon, is today one of the most<br />
prominent companies in Switzerland with over 6,200 employees worldwide.<br />
industrial group is even more unusual because<br />
for decades the company founder,<br />
Jakob Züllig, (deceased 1999) and his<br />
wife, Trudi Züllig-Grauer, owned and ran<br />
the Arbon town butcher’s shop. They<br />
made a major contribution to the economical<br />
development of the region, a region<br />
which is still fl ourishing today.<br />
With the planned stock market fl otation<br />
in mind, 1987 saw the founding of the<br />
<strong>AFG</strong> <strong>Arbonia</strong> <strong>Forster</strong> <strong>Holding</strong> <strong>AG</strong>. However<br />
the fl otation had to be postponed following<br />
the crash of the stock market in the<br />
fall of 1987. The fl otation fi nally took place<br />
though in the fall of 1988 when the <strong>AFG</strong><br />
was quoted on the Swiss stock market,<br />
SWX. The company began to expand more<br />
and more. Following the political turnaround<br />
and fall of the Iron Curtain, a large<br />
piece of land was acquired in 1991 in the<br />
town of Riesa, Saxony (near Dresden) on<br />
which the German subsidiary of <strong>AFG</strong>,<br />
<strong>Arbonia</strong>-<strong>Forster</strong> Riesa GmbH, established<br />
its headquarters. The company opened<br />
further subsidiaries in a number of European<br />
countries with the aim of increasing<br />
exports. With the two divisions, Heating<br />
Technology and Sanitary Equipment and<br />
Steel Technology, the market was consolidated<br />
by 2004.<br />
Today...<br />
Five years after Jakob Züllig died, in 2003,<br />
the joint heirs sold their majority share to<br />
Dr. Edgar Oehler. This led the way for the<br />
second phase of the <strong>AFG</strong> expansion. In<br />
the last 4 years the company’s turnover<br />
has more than doubled. In addition to