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Modig Machine Tool was founded in 1947 in Virserum, Sweden. Right from the beginning, the focus was on machine building, and Modig’s lathes, universal drills and machining centers became well known all over the world.

The company’s high standards and innovative thinking led to several prestigious business deals. One of the more important in the history of Modig came in 1962 when Modig surpassed the competition and won an order from the Swedish Army for 170 lathes.

During the 1980s, Modig started to develop machining centers for high speed machining. Since its 1987 introduction of the first HSM, Modig has continuously developed and improved products for high speed machining.