Skip to main content

50 years of Dugar + Schuster

1974 – 2024

The year is 1998


In Germany, Gerhard Schröder replaces Helmut Kohl as Chancellor after 16 terms in office.

The spelling reform introduced in the same year met with resistance.

1.FC Kaiserslautern becomes German football champion.

The Audi TT is presented.

One of the worst train accidents in Germany occurred with an ICE train in Eschede.

The EU decides to introduce the euro, initially for cashless payment transactions from January 1, 1999.

Mika Hakkinen becomes Formula 1 world champion.

France becomes football world champion in its own country.

The film TITANIC appears in German cinemas.

cover-photo: Audi TT – M. Hueltner
on wikipedia

Portrait of Gerhard Schröder: Stefan Prößdorf

Tradition in 2nd generation

The wheel manufacturer Borbet expanded its capacities after taking over Austria Aluguss in 1996 by building a new factory in Medebach, near the headquarters in Hallenberg-Hesborn.

The company Horst Schmidt Niederdruck Kokillengießerei in Neuenrade, now known under the name ALCAR, became another of our valued customers after purchasing the first lathe for aluminum wheel production.

With the factory in Tatabanya, which was founded in 1997 together with Superior Industries, the Otto Fuchs company has taken a major step towards expanding its wheel production capacities.

The companies Rial, Aluett and ATS choose lathes from our sales program, IMT for the new production facilities in Stalowa Wola, Poland.

The first IMT lathe is delivered to RONAL, The production of light alloy truck wheels at ALCOA Hungary and Borbet is being expanded; Otto Fuchs also produces wheels over 20 inches in diameter using machines from the IMT W 32 series.and another order for more than 20 IMT machines follows.

The IMT company starts production of the 2-axis vertical lathe for aluminum rims, which is used for gloss turning and for machining the 2nd side of the rims.

With Frank Schuster, the second generation is now actively working in the company.

Pictire “Titanic”: SilentEmotionn