Groz-Beckert KG engages in the development, production, and sale of industrial needles, precision components, fine tools, and systems. Its products include knitting-machine needles, warp-knitting-machine needles, system parts, cylinders, dials, cylinder-exchange systems, drop wires, machines for weaving preparation, carpet-machine needles, knives, reed fingers, sewing-machine needles, and needle-holding system. The company was founded in 1852 and is headquartered in Albstadt, Germany.