founder daniel swarovski co founder headquarters schwaz austria products conventional and superabrasive grinding wheels cut off wheels diamond tools for the construction and stone industries concrete sawing and drilling machinery coated abrasives revenue 602 million 2014 1 number of employees 4671 worldwide 2014 1 website tyrolit.com tyrolit develops manufactures and markets abrasive products as well as concrete sawing and drilling equipment . with 29 production locations on 5 continents 1 the tyrolit group belongs to the world s largest producers of bonded abrasives . 2 3 the company is based in schwaz tyrol austria . tyrolit a registered trademark was named after the mineral tyrolite first described in 1845 in tyrol . contents 1 history 2 organization 3 brands 4 references 5 external links 6 categories history edit tyrolit was co founded on the 13th of february 1919 by daniel swarovski to manufacture grinding wheels for the production of swarovski crystals . during world war i the swarovski group was cut off from supplies of grinding wheels and was forced to develop and produce its own grinding wheels . after the war it was decided to commercialize this activity and to start a separate company tyrolit was born . 4 in 1950 the company relocated from the swarovski headquarters in wattens to a new location in schwaz . one of the largest drivers of growth of the company was the market launch of the glass fibre reinforced cut off and grinding wheel secur in 1952 . 5 the glass fibre reinforcement greatly improved the security of the tools against centrifugal breakage . 6 in 1991 tyrolit acquired the us company diamond products and the swiss company hydrostress . these acquisitions added significant presence in the market for concrete drilling and sawing systems . 5 further major acquisitions took place in 2004 with the purchasing of the czech company carborundum electrite and in 2009 with the purchasing of the us company radiac . tyrolit headquarters in schwaz organization edit the tyrolit group is organized in four divisions 1 metal precision serves the metal fabrication and precision machining markets construction serves the construction industry stone ceramics glass serves the stone ceramic tile and glass industries industrial trade sells stock articles such as cut off wheels through industrial distributors brands edit the tyrolit group operates under the following brands tyrolit global brand for all grinding solutions tyrolit hydrostress drilling and sawing equipment for the construction industry tyrolit vincent milling profiling and polishing tools for the stone ceramic tile and glass industries radiac us producer of conventional bonded and superabrasive grinding wheels diamond products us producer of diamond tools and equipment for the construction industry burka kosmos german producer of conventional bonded grinding wheels carborundum electrite czech producer of conventional bonded grinding wheels grinding techniques south african producer of conventional bonded grinding wheels references edit a b c d tyrolit fact sheet 2015 pdf the abrasives industry in europe and north america john briggs and ted giese 2007 p. 434 . http www.firstresearch.com industry research abrasives manufacturing.html ein denkmal f r daniel swarovski ludwig s lder innsbruck 1961 p. 27 29 . a b tyrolit history the abrasives industry in europe and north america john briggs and ted giese 2007 p. 79 external links edit tyrolit radiac abrasives diamond products burka kosmos grinding techniques categories edit retrieved from https en.wikipedia.org w index.php title tyrolit & oldid 691493846 categories tool manufacturing companies of austriapower tool manufacturersengineering companies of austria navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutsch edit links this page was last modified on 20 november 2015 at 05 21 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view