Louisenthal, Gmund am Tegernsee (Bavaria)
Louisenthal’s history begins in 1818 with the founding of Jakob Deisenrieder’s watchmaker’s shop.
Mechanic Johann Mannhardt (born in Puerstling, Gmund) takes over the business together with merchant Niggl of Toelz, merchants Erich and Rueddorfer, and mechanic Drossbach.
Workshop is expanded and converted into a machine factory and hammer mill. The massive cast iron roof structure of the Walhalla building near Regensburg comes from this factory. A mechanical flax spinning mill is added. The tower clock in Louisenthal hails from this period. Owing to poor infrastructures, the company runs at a loss and is sold.
Stegmayer of Munich produces wire nails – widely known as “Gmunder Stifte” – until 1859.
Coffeehouse owner Probst of Munich buys the buildings and sets up a Kneipp hydrotherapy institute.
The estate is put up for auction and purchased by the Schultes from Switzerland. Conversion to a cotton mill.
Schultes receives permission from King Max II to name the factory “Louisenthal”. The name “Louisenthal” (Louise Valley) refers to Duchess Ludovika (French: Louise), daughter of King Max I Joseph von Baiern, wife of Duke Max in Baiern and mother of Empress Elisabeth of Austria (Sissi).
The factory is sold to Carl Haug, co-owner of the paper mill Mueller am Baum.
Building of Papierfabrik Louisenthal with a Fourdrinier paper machine.
Building of the pulp mill Muehltal.
Building of the canal bridge over the Mangfall and an electric power station. This is the site of the first electric power transmission in Germany.
Severe damage due to flooding of the Mangfall, causing the whole business to be closed down temporarily.
Building of the pulp mill Rainmuehle and installation of a second paper machine. Since the previous owners almost all failed due to the unfavorable transport conditions, Haug pushes for the construction of a local railway from Schaftlach to Gmund. After the opening of the railroad in 1883 transport by horse-drawn vehicles to Schaftlach becames unnecessary.
War years with reduced operating capacity.
50-year anniversary of Papierfabrik Louisenthal; owners are Frau Haug, widow of the founder, and partners Dr. A. Förderreuther and councilor of commerce Arthur Haug.
On May 1, the banknote and security printers Giesecke & Devrient, Munich, purchase the complete plant.
Construction of a new cylinder mould paper machine for banknotes and a new boiler house; establishment of a testing and development laboratory.
Start-up of the new plant in the fall.
Production of (German) banknote paper and security paper of all kinds.
Production of eurocheck paper starts.
In the period from 1976 to 2010, Louisenthal invests in the ongoing improvement of the technical plant: widening of the paper machine, addition of equipment, refinement department, new workshops, expansion of R&D (Research and Development), expansion of office workplaces.
Launch of the third generation of the Deutsche Mark, including window cleartext thread for the first time. Additional volume as a result of the reunification of East and West Germany. Louisenthal supplies 100% of the paper.
Acquisition of Königstein paper mill. Production volume grows from 3,500 t in 1991 to approx. 10,000 t today.
Installation of the hologram application machine (OVS I) and implementation of the world’s first banknote paper with hologram stripes (Bulgaria‘s 2,000 Lewa).
Start of foil production with a joint venture partner. Development of LongLife banknote paper with enhanced durability properties.
Introduction of the euro. Louisenthal is the largest producer of paper for the new banknotes.
Louisenthal’s own foil production plant begins operations. Restructuring of production between the Louisenthal paper, Königstein paper, and Louisenthal foil production plants.
First banknote with transparent window “varifeye®” (Bulgaria‘s 20 Lewa).
Expansion of the foil production plant.
Development of Synthec® banknote paper with enhanced durability properties.
New product varifeye®C2 and ColourShift/ColourFix security threads, specimen banknote Yvonne 2008.
Start-up of the new paper machine PM4 in Königstein – the world’s most innovative and fastest banknote paper machine.
Hybrid™ product launch, specimen banknote Yvonne.
The Kazakh 1,000 tenge banknote is the first banknote in circulation with varifeye® Magic™.