KMT Precision Grinding’s 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 as the city of Lidköping’s local mechanical workshop producing simple machinery, cast iron pumps, ploughs and other agricultural products. Also boats and steam engines were produced. The machine tool manufacturing started in 1902.
UVA began with production of hydrodynamic bearings as well as gearboxes for trains. The first UVA grinding machine was made in 1943.
1875 Lidköpings Mekaniska Verkstad (LMV) was founded.
1928 Nomy AB, which became later UVA, was founded in Stockholm.
1929 LMV is incorporated as a subsidiary to SKF.
1931 Nomy AB changes its name to Ulvsunda Verkstäder AB (UVA).
1982 KMT Precision Grinding GmbH (current name) was founded in Germany.
1986 LMV changes its name to Lidköping Machine Tools AB (LMT).
1996 UVA is incorporated in Karolin Machine Tools (KMT).
2000 LMT is incorporated in Karolin Machine Tools (KMT) and changes name to KMT Lidköping.
2000 KMT Precision Grinding Technology (Beijing) Co. Ltd. was founded in China.
2007 UVA and KMT Lidköping merge into KMT Precision Grinding AB.
2008 Nordstjernan buys all the shares in KMT Precision Grinding AB.
2009 KMT Precision Grinding Inc. was founded in USA.
2014 KMT has today approx. 170 employees.