The advent of industry 4.0 with its idea of individualized mass production will significantly increase the demand for more flexibility on the production floor. Wireless communication provides this type of flexibility but puts the automation system at risk as potential attackers now can eavesdrop or even manipulate the messages exchanged even without getting access to the premises of the victim. Cryptographic means can prevent such attacks if applied properly. One of their core components is the distribution of keys. The generation of keys from channel parameters seems to be a promising approach in comparison to classical approaches based on public key cryptography as it avoids computing intense operations for exchanging keys. In this paper we investigated key generation approaches using channel parameters recorded in a real industrial environment. Our key results are that the key generation may take unpredictable long and that the resulting keys are of low quality with respect to the test for randomness we applied.