Schuler AG is a German holding company that is engaged in the provision of systems to the metalworking industry. The Company provides its customers with machines, systems, dies and services in the field of metal forming. Schuler AG divides its activities into three business segments: Forming Systems, which comprises activities in the area of metal forming, such as large-scale lines, mechanical and hydraulic press systems, forging lines and high-speed presses; Automation, which develops and installs solutions for automating machine tools; and Tools, which focuses on development, planning, production and tryout of models, molds and tools for metal forming technology. The Company's customers include mainly the automobile industry and its suppliers, and companies in the forging, electrical, household equipment as well as national mints industry. Schuler AG operates through its wholly owned as well as majority owned subsidiaries located in Europe, Asia, the United States and South America.