As an engineering company, Hegenscheidt-MFD GmbH & Co. KG belongs to the world-wide market leader in two fields of production: The programme in the first production field comprises surface and underfloor wheelset lathes for reprofiling wheelsets as well as wheelset diagnostic systems and on-rail systems for rail vehicles. The second production division manufacturers fillet deep rolling machines, thrust face and roller burnishing machines, turnbroaching machines and turn-turnskiving machines for the production of crankshafts. A total of approx. 330 staff members are employed at three locations, which achieved a turnover of approx. €53 in 2003. Joint Venture between Niles-Simmons and Hegenscheidt-MFD GmbH & Co. KG.