Although Group Technology was invented to transfer benefits of economies of scale to job-shop production during the 1960s, its underlying methodologies are still relevant for modern production, which follows the lean production paradigm. This paper discusses how Group Technology has developed towards an essential tool in industrial engineering in the last decades and how it is applied in the context of Lean Production. Moreover, the authors present two examples of current research in the field of Group Technology and Lean Production: Levelling of low volume, high mix production and mixed-model assembly line balancing.