"Visit the statue of Alfred Krupp" Top 5 Page for this destination Essen Things to Do Tip by BillNJ
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In the Essen pedestrian zone, there is a prominent statue of Alfred Krupp (1812-87).
Alfred greatly expanded the small steel foundry in Essen founded by his father, Friedrich Krupp. When Alfred started with his father's firm, it had five employees. At the time of Alfred's death, twenty thousand people worked for Krupp - making it the world's largest industrial company.
Alfred was an innovator who invested heavily in new technology. Perhaps his most notable investments were in fluidized hotbed technologies (notably the Bessemer process) -- and he also acquired many mines in Germany and France. 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 became specialized more and more in weapons. By the late 1880s the manufacture of armaments represented around 50% of Krupp's total output.
Alfred was also a pioneer in the treatment and compensation of his workers. Among other things, Alfred invested in subsidized housing for his workers and started a program of health and retirement benefits.
Alfred Krupp's legacy lives on today in the form of ThyssenKrupp AG. With sales of 51.7 billion euros and 191,350 employees in over 70 countries, ThyssenKrupp is one of the world's major industrial companies. The three main business areas are steel, capital goods and services. The company's corporate headquarters is in Düsseldorf.
Directions: Pedestrian zone
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