How Liebherr Went From A Local Company To A Billion Dollar Business
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- Опубликовано: 3 июн 2024
- How Liebherr Went From A Local Company To A Billion Dollar Business
From the ashes of WW2 in Germany, rose a company now worth almost an incredible $17 billion. Leibher is the real-time proof of the fact that you can't really destroy revolutionary ideas! Here’s just a glimpse into the incredible history of Liebherr.
It all began with the optimism and vision of Hans Liebherr, who believed, “My life has led me to consider that, with a strong will to do good work and fulfill different customer requirements to the best of your ability, you can also achieve goals that at first seem almost unimaginable. Don't allow yourself to be disheartened by setbacks, having faith can move mountains.”
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Greetings from Baldock England. On the 9th of June 1969, I started my apprenticeship in carpentry, in my hometown of Mullingar Ireland. My great memory was a Leibheer Luffer tower crane set up on rail tracks, whilst very basic in its German engineering design, it was really fit for purpose. How the company has evolved in the years since.
BR Valentine Shanley retired project manager!
A greatly appreciated Industrial employer and innovator in Ireland! I can remember the first time I came across the Liebherr name. It was on a huge Liebherr Air Conditioning Plant in the Computer Systems Dept, cooling Digital Equipment Company VAX's , MicroVax's , 11-780's etc . Two technological giants, one American, the other German, that kick-started the country's economic renaissance in the late 1980's...
NOT PRONOUNCED “LIEBER” but LIEB - HERR!!!
Dude, I always wondered the correct pronunciation. Many thanks.
@@fendt348Agreed, same.
if one does not speak german,one does not understand the way its pronounced, this is why its not easy to learn to speak german, with the umlaut in the U and E
I bet you’re a blast at parties
@@mtb416 🤣
In Liebherr the "h" ist not silent
I just bought one of their freezers. I think it is one of the most energy efficient on the market and is virtually silent. I concur that these guys know what they are doing. Well done!
If you're thinking about another brand I'd look into samsung and LG's forced arbitration clauses too. Other companies sell junk motors and know it.
Samsung is constructed to brake down after 3-4 years. They are doing that so that soon after warranty time consumer needs to buy new one. I really would not trust LG neither. But Whirlpool and Electrolux
Yeah, its great until it goes bad. Mine had a fabrication error where the pipes in the back would leak and it was impossible to repair, because they were sandwitched into plastic, 1500eur to garbage, just after warranty expired.
@@gplusgplus2286 You have six years to claim under bad workmanship. You can go the common law route that it was supplied in a state unfit for purpose. A lot of people don't realise this.
I worked in one of their cranes, mobile. Best there is, lasts, robust and easy to use...everyone loves them
My first introduction to Liebherr equipment was one of your mobile cranes that could do 50 metric tonnes. I worked for a metal fabricator that had purchased two Anton Bauer Hydroforming machines in the late 1990s in Canada. The Liebherr worked in conjunction with a Kone overhead crane to position the base, pillars, and top of the skeletal structure of the presses. It was a sight to see.
This is a very interesting video, but it sonda very much like a corporate promotional PR video. 😂 I hope you got paid for that.
Thank you for pulling the info together.
There is a competitor in my area, called Sennebogen who also covers the portable crane segment. I think they also started in the post war era, maybe 10 or 15 years later. Would be interesting to compare their strategy and how their growth was funded.
In the 50s - 80s smaller regional banks underwrote business loans for SMEs in Germany at amazingly high interest rates. They companies prospered and these banks did too.
I doubt that such sef-funded expansion would be possible after the BASEL banking guidelines.
Nowadays they only give loans if you don't need them. 😮😂
Absolutely: My parents had an interest rate of 12% in 1974 onwards... Banks prospered to a degree that hurt some companies too much ... Banks are to blame for many insolvencies in Germany!
I am using Liebherr refrigerator from the last two years it is working great. Good quality and sturdy design.
Whow , great story 👍
Used to operate a liebherr cnc gear hobber, great machine, over the 2 year ~5000 hours running it i cant remember have a single problem with it. Honestly didnt get to know the machine all that well because i never had to fix it, so i never had to spend hours digging through the manuals.
Whoa, never know they also drip they toes in precision machinery, interesting.
I really got hooked on Liebherr Cranes after watching them in action by SpaceX at their new Starshp rocket launch site Starbace in Texas. The shear scale of these machines is amazing.
Maybe Liebherr will one day become one of the first off Earth, heavy equipment producers.
2:16 The pull out shelf on a fridge... I could use this today. I have not seen this in any of todays fridges!
Most of the pull out shelves these days are terribly quality plastic and break easily.
*SUBSCRIBED!!!!*
Interesting video, Straight to the Point & Lots of Info packed into a not so long video.
Good group of people !!
Another cool libherr product is the ma-li trac that was the supposed sucsesors to Schlüter's tractors even keeping many similar parts to the Schlüter eurotrac
The ma-li trac had around 300 horse power and only made it to the pre mass production stage
Surprised there is no mention of the offshore cranes or ship cranes apart from one of them. Or the factory in Sunderland UK which used to produce them which now produces harbour cranes. I served my apprenticeship with liebherr building offshore cranes and spent my whole career working on liebherr equipment mostly cranes. I work on many different types of OEM cranes now but always prefer Liebherr. Expensive but no doubt the best in my mind
Loved your comment about your work and the ship cranes. Thanks
2:17 *Notice the pullout shelves* . I can't find a new fridge with this feature.
I got one of their fridges and it’s great
wow always on the move no pun intended
I want to hear more about the history of of producing gear making equipment. such as gear hobbing machines and gear grinders and other gear related tools.
Did they start making their own machines in-house to cut gears needed for their other product lines such as cranes and large machinery?
My dad had a meeting with the shareholders probably over 20 years ago. The guy he was with, who really wasn’t that important, pissed them off quite quickly by questioning them…..so they said..the meeting is over…thank you. Good bye.
lol
The reason for the meeting never got started….lol
Sheer incompetence
Definition of growth.
A suggestion for another consruction equipment manufacturer: Hidromek, a Turkish manufacturer.
Can´t wait something different fron german engineering!!!...greetings from chile.
My dream is to build a Liebherr Ltm 11700 out of Lego
Dream big..
4 TIMES LIGHTER IS BABY TALK !!! It is it weighs on fourth !! (just try to set up an equation with times for something larger then one, with a negative answer !!)
Now with Greg working there they’ll be no stopping them.
I love people behind liebherr
I have a question regarding some of the biggest and heaviest cranes and machinery Liebherr makes. Are those machines owned by Liebherr themself or are sold to other companies? Can imagine how utterly expensive to own, operate and maintain them is, so would make sense if Liebherr are the sole owners and just rent the services when needed.
Liebherr produce the machine for a customer. They don’t own the machine. Sometimes they rent it. But mostly sold. Mind this, you have to pay in full before start of production ( for some specific equipment, developed for the customer ) so for a large crane it can take over four ( 4 ) years from chèque to delivery.
Those big machines are expensive, but they do the work of 50-100 normal sized machines, for which the operator salaries alone would be extremely high.
👍👍
“Series” before the 3 min mark work up Siri ha
Ok
Hi
Lovet It
Kjell
Sweden
How well is it facing up to Chinese competition in infrastructure expansion and renewal.
They buy the first, retro engeneers it and then produce "their own" look at China big crane, they are copy of Liebherr. Up to the wipers…
There’s probably a few companies building exactly what Liebherr build over there now.
What happened to Liebherr Russia?
We all know what happened. Seized by Russia. ( fancy word for stolen ) they where forced out
Nothing 🤮🤮
And they sold company to ZoomLion (Chinese brand)
Nope
Mr Nice Guy...
It's so awesome what it's worth, my hand is extended offering the sixth digit.
Love how you say "in 60th founded their first non European factory in South Africa"!
For those who don't know, from 60th South Africa was under international sanctions for apartheid.
So you make support of apartheid sound like an achievement!
space X ? their largest?
SpaceX only has a couple of cranes that they own. I’m sure the big mines across the country owns more earth movers.
the biggest advantage liebherr offers is ergonomics
The 'h' in 'Liebherr' is actually pronounced: Lieb herr, not lieber.
Is Liebherr Germany still using Fax machines for everything?
Yes
You can pronounce it like "leap hair" thats the closest you will get to German pronunciation.
Now it's time to go in F1 ✅✅
Ther will be plenty of work for companies like this in Ukraine.
Yes as soon as the russian terrorists stop bombing it.
Instead of GmbH you could use the English equivalent called LLC.
why ?? it is a German company , and anyway the english equivalent would be Ltd
American equivalent*. English is LTD. But seeings as Liebherr is German. GMBH, it is. fckn Yanks.
English, it’s in their nature. They try to make everything about them.
Hans was busy on the Eastern Front.
So ? Do you have a problem with that ?😊😊
@@dietmarwolf79 Ja.
I am not Deutsch but please don't say again Liber.
Liebherr . Great stuff , but far from perfect .
Electric earth moving equipment. What a waste of resources.
For a machine which will spend its lifespan on a mining field plugging it to the grid is a great idea.
Using electric equipment to mine coal to produce electricity for your equipment... 😆
EXACTLY 🙂
To much hi tech which no one can repair except factory is a crisis today...
$$$$$$$$$$ for field service to come reboot a module on a 500 ton crane .
The electric equipment is far more efficient than the diesel counterparts. Do you run your home on a generator, or do you connect to the grid, where economy of scale has made the electricity far cheaper than the price of running a generator?
Exactly.
N@z! Germany? Apartheid South-Afrika? Communist China? Diesel Engines? Mining Equipment?
This must the the worst Advertorial ever!!!
Anyone know what "GMBH" stands for?
GmbH = "Gesellschaft mit beschränkter Haftung", meaning “company with limited liability.” GmbH is equivalent to Ltd. (limited)