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| History |
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HIG
stands for "Handel mit Industriegütern" which means Trade with
Industrial Goods. HIG has a history over decades in relation
to "Electric Wire". HIG goes back to the year 1950 when
the family FUCHS started a sales office in Vienna for the distribution
of their product ELDRA Enamelled Copper Wires (Magnet Wires)
made in Graz/Austria. In 1973 the sales office was converted
into an independent corporation named HIG who was mainly engaged
in the sales of enamelled copper wires to the Electrical Industry
in Austria and gradually in Overseas markets.
The target of HIG was the development of additional business
fields related to the Electrical Industry. Those are the Electronic,
Cable and Wire Industry to which HIG has been supplying sophisticated
products of established internationally working manufacturers.
At the beginning of the 80-ies Wire-EDMing became more
popular and started to grow at a larger scale. HIG participated
in this development and supplied EDM wires first of copper and
then of brass made by FUCHS in Graz/Austria. Due to the increasing
demand HIG set up a new product line EDM Wires and Supplies.
Standard brass EDM formed the basis. With the introduction of
the steelcored copper/brass coated special EDM Wire COMPEED,
made by FUJIKURA/Japan, HIG started its international business
career in EDM.
Over the 90-ies further EDM wires have been
gradually added such as High Quality-, Regular Brass EDM Wires
and High Performance Coated EDM Wires of german and japanese
quality. In 2004 two more products were incorporated
into the sales program, i.e. PREMIUM Brass EDM wire of SUMITOMO
Electric, Japan, and the patented GAMMA-Phase coated wire line
of GLOBAL TRADE NETWORK, USA. HIG can offer the experience of
a One-Stop-Shopping Place for EDM Wires.
HIG has earned its global awareness and success by offering
special EDM Wires which are marketed through competent distributors
in all main industrial countries including USA.
EDM Wires and Supplies form the major business activity of HIG
accounting for ~50% of total turnover.
On 1st April, 2001 HIG was awarded the sales of ROTHE
ERDE large diameter bearings, turntables and rings as the affiliated
branch office of ROTHE ERDE in Vienna was closed after 25 years
due to refocusing their international sales organisation. ROTHE
ERDE products keep a strong market position in Austria, Slovenia,
Croatia and Hungary for which territories HIG is in charge. |
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