IBS Precision Engineering Competitors

Siemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, mobility, and healthcare. The company’s purpose is to create technology to transform the everyday, for everyone. By combining the real and the digital worlds, Siemens empowers customers to accelerate their digital and sustainability transformations, making factories more efficient, cities more livable, and transportation more sustainable. A leader in industrial AI, Siemens leverages its deep domain know-how to apply AI – including generative AI – to real-world applications, making AI accessible and impactful for customers across diverse industries. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a leading global medical technology provider pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably. In fiscal 2025, which ended on September 30, 2025, the Siemens Group generated revenue of €78.9 billion and net income of €10.4 billion. As of September 30, 2025, the company employed around 318,000 people worldwide on the basis of continuing operations.

The name DMG MORI stands for the partnership between two of the world's leading machine tool manufacturers: DMG MORI AKTIENGESELLSCHAFT, Bielefeld, Germany, and DMG MORI COMPANY LIMITED, Tokyo, Japan. As a global integrated machine tool company, DMG MORI provide its customers with innovative machines, automation and complete technology solutions for the ‘Automotive’, ‘Aerospace’, ‘Die & Mold’ as well as ‘Medical’ industries. The range of products includes high-tech turning and milling machines, as well as Advanced Technologies, such as ULTRASONIC, LASERTEC and ADDTIVE MANUFACTURING. With app-based control and operating software, CELOS and innovative products of Software Solutions enables DMG MORI to shape the future for Industry 4.0. With a total of 14 production locations, 154 national and international sales and service locations the DMG MORI group has achieved a worldwide presence.

Haas Automation is the largest machine tool builder in the western world, manufacturing a complete line of CNC vertical machining centers, horizontal machining centers, CNC lathes and rotary products. The company also builds a variety of specialty machines, including 5-axis machining centers, mold making machining centers, toolroom machines, and gantry routers. Haas machine tools and rotary products are built to the exacting specifications of Gene Haas to deliver higher accuracy, repeatability, and durability than any other machine tools on the market. Gene Haas founded Haas Automation, Inc., in 1983 to manufacture economical and reliable machine tools. The company entered the machine tool industry with the first-ever, fully automatic, programmable collet indexer – a device used to position parts for machining with very high accuracy. The Haas 5C collet indexer was a huge success, and over the next four years, the company expanded its product line to include a wide selection of fully programmable rotary tables, rotary indexers, and machine tool accessories. Today, Haas manufactures four major product lines: vertical machining centers (VMCs), horizontal machining centers (HMCs), CNC lathes and rotary tables, as well as a number of large five-axis and specialty machines. All Haas products are manufactured at the company's expansive facility in Oxnard, California – the largest, most modern machine tool manufacturing operation in the United States.