75 years of innovation: Expanding into production – the first move
In August 1937, just four years after it was established, the company moved into a former bread factory at Tassiloplatz near Munich’s Eastern Station. By then, the enterprise had grown to 35 employees, and it had developed 24 different instruments. Buying these new premises in the first place was a bold undertaking because the price was about twice the assets shown on the company’s balance sheets in 1936. As it turned out, the investment was the right step – to begin with there was enough space, but very soon even more rooms had to be rented for extra personnel to meet the constantly increasing demand.
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