History
1914
Albert Schmid establishes an engineering workshop in Rapperswil
1949
Heinrich Schmid, son of the founder takes over the business
1956
First hydraulic fineblanking press is built
1958
Feinstanz AG in Jona is founded
1966
Construction of the assembly shop for fineblanking presses in Jona
1972
Addition of production shop for precision fineblanked components in Jona
1978
Inauguration of the four-storey multi-purpose building in Jona
1987
Death of proprietor Heinrich Schmid
1988
Schmid Group acquired by Maag Holding, Zurich
1997
Schmid Group acquired by Hydrel AG, Romanshorn
1999
Schmid fineblanking press manufacturing acquired by Feintool, Lyss
2001
Feinstanz AG acquired by private investors
2011
Feinstanz AG acquired by Federtechnik Kaltbrunn AG