Voith doesn't avoid heavy machinery. The German firm is a holding company for four independent divisions that manufacture and distribute machinery and factory-related products. Voith Paper makes machines used to produce graphic paper, packaging, and tissue. The turbo-power transmission division, Voith Turbo, produces industrial machinery and drive systems for commercial and rail vehicles. Voith Hydro, a joint venture with Siemens, provides turbines, generators, and maintenance services to the hydropower generation industry. Voith Industrial Services offers cleaning and maintenance services to industrial manufacturers.