SCHUMAG AG engages in the production and distribution of metal working machines and mechanical precision components. The company produces engineering precision products such as high-precision automotive parts, components for precision measuring and indicating equipment, precision axles for household appliance, components for medical and optical equipment, standard precision parts for injection molding, and pressure die-casting. It also offers precision parts in small lot sizes manufactured according to the drawing of the customers. It operates through Precision Engineering segment. The company was founded in 1830 and is headquartered in Aachen, Gemany.