The directorship of the Fraunhofer Institute for Production Technology IPT lies in the hands of Prof. Dr.-Ing. Dr.-Ing. E.h. Dr. h.c. Dr. h.c. Fritz Klocke. Together with Prof. Dr.-Ing. Christian Brecher, Prof. Dr.-Ing. Robert Schmitt and Prof. Dr.-Ing. Dipl.-Wirt. Ing. Günther Schuh, he forms the board of directors at the Fraunhofer IPT and the Laboratory for Machine Tools and Production Engineering at the RWTH Aachen University. By holding this joint position, they link both institutes together to form a production technology research center that is unequaled in diversity and competencies.