Krupp
![]() The Krupp family, a prominent 400-year-old German dynasty from Essen, have become famous for their steel production and for their manufacture of ammunition and armaments. The family business, known as Friedrich Krupp AG in modern times, merged with Thyssen AG in 1999 to form ThyssenKrupp AG, a large industrial conglomerate. ~ ~ ~ ~ ~ ~ ~ ~ ~ ~
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~ ~ ~ ~ ~ ~ ~ ~ ~ ~ Friedrich Krupp (1787 – 1826) launched the family's metal-based activities, building a small steel-foundry in Essen in 1811. His son, Alfred (1812 – 1887), known as "the Cannon King" or as "Alfred the Great", invested heavily in new technology to become a significant manufacturer of railway material and locomotives. He also invested in fluidized hotbed technologies (notably the Bessemer process) and acquired many mines in Germany and France. He invested in subsidized housing for his workers and started a program of health and retirement benefits. The company began to make steel cannons in the 1840s - especially for the Russian, Turkish, and Prussian armies. Low non-military demand and government subsidy meant that the company specialized more and more in weapons: by the late 1880s the manufacture of armaments represented around 50% of Krupp's total output. When Alfred started with the firm, it had five employees. At his death twenty thousand people worked for Krupp - making it the world's largest industrial company.
German: German may mean:... Essen: Essen is the name of the following places:... Steel: :See Steel (disambiguation) for other uses.... Krupp related Images and Photos (experimental)
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~ Related Subjects ~Steel (2) - 1812 (1) - 1887 (1) - Alfred (1) - 1811 (1) - 1826 (1) - 1880s (1) - Company (1) - 1840s (1) - Bessemer process (1) - France (1) - 1787 (1) - Armaments (1) - Family business (1) - Ammunition (1) -~ Community ~
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