History from 1850

1890

1854

Death of the founder

Johann Conrad Fischer, the founder of the company, died in this year. His son, Georg Fischer I, inherited the factories in Schaffhausen (Switzerland) and passed them on to his 23-year-old son Georg Fischer II. In 1856 the grandson took over management of the company and reorganized the factories.

1864

Start of production of malleable cast iron fittings

Georg Fischer II (1834 - 1887), son of Georg Fischer I and grandson of Johann Conrad Fischer, acquired the Schaffhausen works. In 1864, he was the first in Europe to begin the commercial manufacture of malleable cast iron fittings (cast pipe connectors).

1865

Early marketing

The first fittings brochure, containing 91 different items for the gas lighting sector, was published in this year.

1867

Foundation of sickness fund for employees

Georg Fischer I founded a sickness fund for his employees. In 1897 the Fund joined the "Association of Swiss Sickness Funds". In 1907, at the initiative of the then Managing Director, Ernst Homberger, the Family Insurance Plan was created. The national regulations governing health insurance plans came into effect in 1914.

1868

Construction of the first accommodation for employees

Construction of the first living quarters for employees and purchase of several other residential buildings. This was the starting point for the company’s generous policy regarding employee accommodation.

1876

Accident insurance for employees

Georg Fischer I concluded a private accident insurance contract for his employees.

1877

Industrial production

In 1877, Georg Fischer II started the industrial-scale production of cast steel – a process invented by Johann Conrad Fischer in 1845.

1880

Canteen

In the Mühlental Valley (Switzerland) the first company canteen is established. This was an early sign of the founding family's sense of responsibility for its employees.

Start of production of the Rauschenbach wood-working machines.

1888

Steel casting

Cast steel is produced for the first time in Switzerland.

1895

Plant opened in Singen

Georg Fischer III(1864 - 1925) started up a fittings factory in the German town of Singen in 1895. The factory was operated as a branch of the main works in nearby Schaffhausen. At the same time, the first company-owned residential colony was built in Singen.

1896

Conversion into a joint-stock company

The growing need for capital prompted Georg Fischer III to convert the private company into the "Aktiengesellschaft der Eisen- und Stahlwerke von Georg Fischer" ("joint stock company of the iron and steelworks of Georg Fischer").

1898

Old-age pension for employees

Georg Fischer II created the company's old-age pension. At the time, it credited every employee that had worked for the company for more than five years a sum of money from profits to be accumulated every year on a company savings book. Georg Fischer II supported the creation of a works committee whose task was to strengthen relations between management and the workers.

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