The company's purpose is to manufacture tools, machine parts and production equipment, as well as to program and operate machines, and to commission, maintain and repair plants. Furthermore, the company aims to manufacture individual parts and to perform turning work of all kinds. The company may trade in the aforementioned areas. The company may establish branches and subsidiaries in Switzerland and abroad, and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad, and provide engineering services. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.