// BBS

The company was founded in 1970 by Heinrich Baumgartner and Klaus Brand, and initially engaged in the production of plastic parts of the body. BBS stands for the first letters of the founders surnames and name of the town where it was located (Baumgartner, Brand, Schiltach). in 1976 it founded the first foreign subsidiary company in France. In 1983 he opened offices in the United States and Japan. In 1987, the company becomes a joint stock company listed on the stock exchanges of Frankfurt and Stuttgart. The most successful for the company were the 1990s, when her clients are corporations such as Daimler-Chrysler, Porsche, VW, as well as most of the teams IndyCar and Formula 1. In February 2007, a sharp rise in prices for aluminum and multi-day strike in Guinea, the largest aluminum supplier in the world, led to the fact that the BBS has declared itself bankrupt and subsequently sold.