Saltus Technology AG operates as an holding company with interest in manufacturing of tools. The company operates through it subsidiary which include Saltus-Werk Max Forster GmbH, develops and produces rotary and milling parts for large-scale production and supplies precision tools for the automobile industry. Another subsidiary, Goetz Kastenholz GmbH, designs high tech components for the automobile industry. Saltus Grundstuecksverwaltung GmbH is involved in the administration of real estates. Hering Praezisiontechnik GmbH produces precision parts. The company was founded in 1919 and is headquartered in Solingen, Germany.