Acquisition of OTC
Services Inc. in the USA
Foundation of SMIT Transformator Service in the Netherlands
Foundation of SGB-USA Inc. in the USA
Foundation of SGB-SMIT
Management GmbH headquarters
in Regensburg
Delivery of the first compactstation from Neumark
Beginning of cooperation with SMIT B.V., Nijmegen, NL
Manufacture of the first arc suppression coil in Neumark
Establishment of a joint venture company AM SGB in Malaysia
Beginning of the manufacture of oil distribution transformers in Neumark, Saxony
Beginning of the manufacture of cast resin transformers
Foundation of Starkstrom-Gerätebau GmbH, Regensburg. Preparations for the serial manufacture of oil distribution transformers
Opening of the sales office Smit Transformer Sales, Summerville, USA
Manufacture of the first phase shifter
Manufacture of the first shunt reactor
Willem Smit founds a transformer factory in Nijmegen