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The Krupp steelworks, or Krupp foundry, or Krupp cast steel factory (German: Krupp-Gussstahlfabrik [Guss+stahl+fabrik]) in Essen is a historic industrial site of the Ruhr area of North Rhine-Westphalia in western Germany that was known as the "weapons forge of the German Reich" (Waffenschmiede des Deutschen Reiches). [1]
Krupp AG and Friedrich Krupp GmbH) trading as Krupp, was the largest company in Europe at the beginning of the 20th century as well as Germany's premier weapons manufacturer during both world wars. It produced battleships , U-boats , tanks , howitzers , guns , utilities, and hundreds of other commodities.
Krupp. 1811: Friedrich Carl Krupp established a cast steel factory in Essen, Germany. 1826: After Friedrich Krupp's death in 1826, his widow Therese Krupp ran the company together with other relatives and her eldest son Alfred, who was 14 years old at the time. 1833: Krupp manufactures complete rolling machines.
Krupp took over production, including at the Molotov steel works near Kharkov and Kramatorsk in eastern Ukraine, and at mines supplying the iron, manganese, and chrome vital for steel production. The battle of Stalingrad in 1942 convinced Krupp that Germany would lose the war, and he secretly began liquidating 200 million Marks in government bonds.
Alfred Krupp (born Alfried Felix Alwyn Krupp; Essen, 26 April 1812 – Essen, 14 July 1887) was a German steel manufacturer and inventor; the largest arms supplier of his era, which earned him the nickname "The Cannon King".
During the 1980s, talks on a merger between Thyssen Stahl AG and Krupp Stahl AG took place. An alliance did not take place at that time, but there began cooperation on certain business areas (tinplate, electrical steel, and stainless steel). [1] In 1997, the flat steel production divisions of both groups were merged to form Thyssen Krupp Stahl AG.