Krupp is the name of a prominent, 400 year-old German family from Essen, famous for their steel production and armament manufacture. The family business, known as Friedrich Krupp AG in modern times, merged with Thyssen in 1999 to create ThyssenKrupp AG, a large industrial conglomerate.1 Overview
The metal business was started by Friedrich Krupp ( 1787- 1826), who built a small steel foundry in Essen in 1811.
His son, Alfred ( 1812- 87), "the Cannon King," invested heavily in new technologies (notably the Bessemer process), acquired many mines in Germany and France, and became a significant manufacturer of railway material and locomotives. He also 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 for the Russian, Turkish, and Prussian armies especially. 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 varied around 50% of the total output. When Alfred started the firm, it had five employees. At his death there were twenty thousand - the world's largest industrial company.
In World War I some criticized Krupp's policy of selling cannons to the Central Powers as well as to the EntenteEntente meaning a diplomatic "understanding", may refer to a number of agreements: The Entente Cordiale 1904 between France and the United Kingdom. The Anglo-Russian Entente 1907 between the United Kingdom and Russia. The Triple Entente 1907 between Franc, a policy which turned out to be highly profitable. Ford and GMGM redirects here. This article is about General Motors . For other uses, see GM (disambiguation). General Motors Corporation also known as GM is a United States-based automobile maker with worldwide operations and brands including Buick, Cadillac, Chevro are accused of doing the same during World War IIWorld War II was the most extensive and costly armed conflict in the history of the world, involving the great majority of the world's nations, being fought simultaneously in several major theatres, and costing tens of millions of lives. The war was fough however the German subsideries of GM and Ford were not controlled by the American parent company during the war.
After Hitler came to power, the Krupp works became the center for German rearmament. In 19431943 is the common year starting on Friday. Events January January 4 End of term for Culbert Olson, 29th Governor of California. He is succeeded by Earl Warren. January 11 The United States and United Kingdom give up territorial rights in China. January 1, by a special order from Hitler, the company was reconverted into a family holding, and Alfried Krupp von Bohlen und Halbach ( 1907Events January events January 6 Maria Montessori opens her first school and daycare center for working class children in Rome Casa dei Bambini in San Lorenzo). January 14 An earthquake in Kingston, Jamaica kills more than a 1,000 January 23 Charles Curtis- 67Events January January 4 British motorboat racer Donald Campbell dies while attempting a water speed record in Coniston Lake. January 4 Algerian revolutionary Mohammed Khider is shot in Madrid. January 6 Vietnam War: USMC and ARVN troops launch " Operatio), son of Gustav Krupp, took over the management. After Germany's defeat and the incapability of Gustav to be tried, Alfried was tried as a war criminal at the Nuremberg Trials for his company's use of slave labor and he was sentenced to 12 years and ordered to sell 75% of his holdings. In 1951, as the Cold War developed and no buyer could be found, he was released and in 1953 he resumed control of the firm.
In 1999 the Krupp Group merged with its largest competitor, Thyssen AG; the combined company— Thyssen-Krupp AG, became Germany's fifth largest firm and one of the largest steel producers in the world.
