As technology advances, the Schaeffler Group continually rolls with the punches -- or at least continually devises ways to keep things rolling along. Founded in 1946, the Schaeffler Group manufactures a vast array of bearings, from cylindrical roller bearings to needle roller bearings, used in the aerospace, automotive, machine tool, and semiconductor industries. Its three main brands are INA, FAG, and LuK, and though the entities are treated separately within the company, they also work collaboratively on specific product development. The company is owned by Maria-Elisabeth Schaeffler, the widow of a co-founder, and her son, Georg F. W. Schaeffler.