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History

 

KMT Precision Grinding history.

KMT Precision Grinding, today’s world leader in the field of precision grinding machines, is one of the oldest machine manufacturers in Sweden.

The company is a merger of UVA International AB and KMT Lidköping, which were founded in 1928 and 1875 respectively as Nomy AB as well as Lidköpings Mekaniska Verkstad AB.

Lidköping started with the production of exterior lighting, park benches, ploughs and other agricultural products. The machine construction started in 1902 and in 1908, we became one of the first suppliers of SKF, which was established in 1907.  UVA began wotj production of hydrodynamic bearings as well as gearboxes for among other things railways.

1875 Lidköpings Mekaniska Verkstad (LMV) was founded

1928 Nomy, which became later UVA, was founded in Stockholm

1929 LMV is incorporated in SKF

1979 LMV starts cooperation with partners in the US

1982 KMT Precision Grinding GmbH (today’s name) starts business in Germany

1986 Lidköpings Mekaniska Verkstad AB (LMV) changes its name to Lidköping Machine Tools AB (LMT)

1996 UVA is incorporated in Karolin Machine Tools (KMT)

2000 SKF sells LMT to KMT

2000 KMT opens office in China

2006 LMT changes its name to KMT Lidköping

2006 KMT Production Machinery India starts business Gurgaon, India

2007 UVA and KMT Lidköping merge and the company changes its name to KMT Precision Grinding AB

2008 Nordstjernan takes over all shares of KMT

2008 KMT Beijing starts business in China

2009 KMT Precision Grinding Inc starts business in Boston, USA

2013 KMT has today approx. 180 employees