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 2021 the group of companies had around 8,700 employees, of which 2,203 worked at the headquarters in Albstadt. Groz-Beckert is the largest employer of the Zollernalbkreis. In the business year 2021 the company generated a turnover of 742 mil. Euro.