About
ZF is a global leader in driveline and chassis technology as well as active and passive safety technology. The company acquired TRW Automotive on May 15, 2015, and integrated it within the organizational structure as the Active & Passive Safety Technology Division. The combined company has a global workforce of around 138,300 at about 230 locations in some 40 countries and reported sales of EUR29.2 billion in 2015. ZF annually invests approximately 5 percent of its sales in Research & Development (EUR1.4 billion in 2015) ensuring continued success through the design and engineering of innovative technologies. ZF is one of the largest automotive suppliers worldwide. Industrial Technology is the division where ZF bundles its activities for inchesOff-Road" applications. It comprises the development and production of transmissions and axles for agricultural- and construction machinery as well as driveline technology for material handling systems, rail- and special vehicles. The division is also responsible for the worldwide business of marine propulsion systems, aviation technology as well as the development and production of gearboxes for wind turbines and industrial applications. Test systems for all kinds of applications in driveline and chassis technology are also included in the division's portfolio. For further press information and photos please visit: www.zf.com