The Groz-Beckert KG is part of the Groz-Beckert Group based in Albstadt-Ebingen in Baden-Wuerttemberg, Germany. Groz-Beckert is the world's leading provider of industrial needles, precision components and fine tools as well as systems and services for the production and joining of textiles. Founded in 1852, the company is still family-owned. On 31 December 2014 the group of companies had almost 7,700 employees, of which 2,084 worked at the headquarters in Albstadt.