In 1911 Wilhelm Binder founded the company W. Binder in Villingen-Schwenningen and began his trade with the production of precision parts for clocks. Today, the two business units Passenger Car Systems and Industrial Drive Systems are united at the location. The business unit Passenger Car Systems develops specific solenoids and solenoid valves for the automobile industry. The core competence of Industrial Drive Systems lies in the development of electromechanical brakes and clutches for the industrial drive technology.