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thyssenkrupp Materials Services is divided in three so-called business units - Materials Distribution, Supply Chain Services and Special Materials. Over 19,700 employees [4] work for the 81 Materials Services subsidiaries at around 480 branches in more than 40 countries. [1] Main customers are located in Europe and North America. [5]
ThyssenKrupp AG (/ ˈ t ɪ s ən. k r ʊ p /, German: [ˌtʏsn̩ˈkʁʊp]; [5] stylized as thyssenkrupp) is a German industrial engineering and steel production multinational conglomerate. It resulted from the 1999 merger of Thyssen AG and Krupp and has its operational headquarters in Duisburg and Essen .
ThyssenKrupp Marine Systems of Germany (often abbreviated TKMS) is a group and holding company of providers of naval vessels, surface ships and submarines. It was founded when large industrial conglomerate ThyssenKrupp acquired Howaldtswerke-Deutsche Werft on January 5, 2005.
In 1978, as Budd began to phase out its railcar business to concentrate on the automotive industry, it was acquired by Thyssen AG, [23] becoming its automotive division in Europe (Thyssen Automotive) and North America (Budd Thyssen). [24] The CTA 2600 series cars were finished in 1987 and were the last railcars to be built by Budd/Transit America.
Thyssenkrupp Polysius GmbH (thyssenkrupp Polysius GmbH) is a global industrial company specializing in the manufacture and sale of plants and machinery for the cement and ore industry. In 2023, Thyssenkrupp Polysius GmbH was integrated into the newly created Decarbon Technologies segment of Thyssenkrupp AG .
On 29 September 1891, August Thyssen and his brother Joseph Thyssen came to be in possession of all shares of Gewerkschaft Deutscher Kaiser, a coal mining company.On 17 December 1891, the steelworks of the same company opened in Hamborn (today part of Duisburg).
Showing the impact of that plateau, in 2007 ThyssenKrupp spent $12 billion to build the two most modern mills in the world, situated in Alabama and Brazil. They lost $11 billion on the new plants, which sold steel below the cost of production. [clarification needed] Finally in 2013, the plants were sold at under $4 billion.
MULTI is the first cable-less elevator developed by TK Elevator (formerly ThyssenKrupp Elevator). Rather than using cables to lift the elevator, MULTI uses linear motors. [1] As well as moving vertically between floors of a building, MULTI can also move horizontally through a floor of a building. MULTI is being tested at Rottweil Test Tower.