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Background
 
1972 FAG Kugelfischer, Schweinfurt (Germany) and GEPI (Italy) set up Umbra Cuscinetti S.p.A. (UCS) to manufacture high precision bearings.
 
1978 Start-up of ballscrew production line for aerospace applications.
 
1983 FAG becomes the sole owner of UCS.
 
1993 Management Buyout and Acquisition of 100% of UCS shares.
 
1996 UCS acquires Kuhn GmbH (Germany).
 
1998 FM Elettromeccanica becomes part of the Umbra Group.
 
1999 UCS establishes a base in US with the acquisition of Northwest Gear Inc (NGI).
 
2001 NGI changes name to become Umbra Cuscinetti Inc. (UCI).
 
2003 UCS opens the new plant (production area 250,000 sq ft, offices 50,000 sq ft).
 
2007 The TIP fund and 10 managers become part of the company structure of Umbra Group.
 
2008 TIP shares bought back from Poliscom and Safin and expanded the company asset with the introduction of other employees within the company structure.
 
 

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