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30 years of stability and success

MTE company history: Three decades after its founding during difficult economic times, our company has developed into a stable and independent family business. MTE operates without external capital and offers its customers long-term reliability. Find out how we have become a trusted partner in the large milling machine industry through smart investments and dedicated employees.
26.09.2024
3 Min
Gunther Borbonus

High-quality milling machines for the European market
Three decades ago, in the midst of adverse economic conditions, we took the bold step of founding our company from scratch. Our founders and employees had the necessary expertise to build high-quality milling machines, and the European market was demanding precisely such machines. However, as with many start-ups, we lacked economic stability. In the large milling machine industry, the high cost of materials is a real challenge. It requires financial strength to be able to produce at all. 

In the first ten years, we lived from hand to mouth and, thanks to our dedicated employees, we managed to get from project to project. Economic crises were rare, but they hit us all the harder. Our founders and the next generation quickly realised that in order to survive crises without sleepless nights, we had to achieve economic stability. 

MTE: A stable family-owned milling machine manufacturing company 
Today, 30 years later, we can proudly announce that we have made it. We are a stable, healthy family-owned company. Our bank rating is excellent, and we are able to pre-finance our orders without external capital until delivery. This independence from banks is comfortable in good times and reassuring in turbulent times – both for us and for our customers, who depend on the stability of a reliable manufacturer. Since our foundation, we have always managed our finances prudently, without skimping on necessary equipment, tools and training. We have planned and implemented our investments in real estate and production machinery in a sustainable and considered manner. We are very grateful for this comfortable situation today. 

"Independence is extremely important to us. It also pays off for our customers. " 

MTE Gruendung

Consistently reliable service 
Our customers value this stability. They know that we will still be around in many years to come and will continue to provide support and service. This healthy state is also reflected in our spare parts supply and warehouse for the construction of new machines. As of 2024, we have €4 million worth of goods in stock for purchased parts. We have a casting material inventory of over 1.5 million euros and our spare parts inventory in Montabaur is around 750,000 euros. The nearly 50 rental milling heads at our German location for our customers, worth around 2.9 million euros, are also worth mentioning. 

Reliable milling machine partner with long-term commitment
We don't want to blow our own trumpet, but we would like to emphasise that we are a reliable partner for the future. Our customers can count on us, even when things aren't going so well. We are grateful that we can offer our employees a secure professional future. Thanks to their support, we have been able to grow into a healthy company.

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About the author

Gunther Borbonus
Gunther Borbonus

Proprietor and

Managing Director