Lothar Faber was well aware of the social problems arising from industrialization. Therefore at an early stage he set up institutions that only later became standard, such as a company health insurance scheme – the oldest in Bavaria.
Five years later he founded a savings bank for his workers, then a pension scheme and a “consumers’ club” where they could buy food at favourable prices. He built apartment blocks which were very comfortable by the standards of the time, so that his employees enjoyed a relatively high standard of living.
One of Germany’s first kindergartens
Education was particularly dear to Lothar Faber’s heart. In order to protect small children from “harmful influences” he provided generous support for a kindergarten in Stein that opened on 13 August 1851 – under the cumbersome name “infant care institution”. He gave donations to schools and other educational establishments, including a library for his employees containing “useful and instructive” books.