▁Electric ▁in ▁ 2 0 0 3 . ▁In ▁November ▁ 2 0 1 8 ▁the ▁company ▁became ▁part ▁of ▁IN N IO ▁as ▁part ▁of ▁an ▁ac quisition ▁of ▁Advent ▁International ▁and ▁was ▁renamed ▁IN N IO ▁Jen bach er ▁GmbH ▁& ▁Co . ▁O H G . ▁ ▁History ▁▁ ▁Although ▁the ▁company ▁itself ▁has ▁a ▁relatively ▁short ▁history , ▁its ▁orig ins ▁go ▁far ▁back . ▁In ▁ 1 4 8 7 , ▁a ▁mine ▁and ▁found ry ▁was ▁founded ▁by ▁the ▁F ug ger ▁family . ▁In ▁ 1 6 5 7 , ▁all ▁F ug ger ▁properties ▁in ▁Ty rol ▁were ▁taken ▁over ▁by ▁the ▁state . ▁Due ▁to ▁exhaust ion ▁of ▁the ▁co pper ▁and ▁silver ▁depos its , ▁the ▁mine ▁changed ▁its ▁focus ▁to ▁iron . ▁The ▁company ▁was ▁acquired ▁by ▁Julius ▁and ▁The odor ▁Re it ling er ▁in ▁ 1 8 8 1 . ▁In ▁ 1 9 0 9 , ▁the ▁mine ▁ran ▁out ▁of ▁iron ▁as ▁well , ▁and ▁after ▁a ▁bo om ▁during ▁the ▁First ▁World ▁War ▁only ▁the ▁found ry ▁was ▁left . ▁At ▁the ▁beginning ▁of ▁World ▁War ▁II , ▁all ▁of ▁Ty rol ▁was ▁seized ▁and ▁A ry an ized , ▁and ▁the ▁company ▁was ▁to ▁' work ▁for ▁the ▁benefit ▁of ▁the ▁country '. ▁The ▁plant ▁made ▁bra ke ▁p ads ▁for ▁the ▁Deutsche ▁Reichs bahn , ▁and ▁from ▁ 1 9 3 9 ▁they ▁made ▁air frame ▁parts ▁and ▁ro cket ▁mot ors ▁in ▁Jen bach