ThyssenKrupp Technologies Company Description
ThyssenKrupp Technologies builds big. The ThyssenKrupp AG subsidiary has five business units. Automotive Solutions develops products for the automotive industry, including damping and steering systems. Marine Systems builds various sorts of ships, including non-nuclear submarines and frigates for military use and huge yachts for private customers. Mechanical Components makes industrial camshafts and crankshafts, tunnel driving machinery, and undercarriages for earthmovers. Plant Technology builds chemical and cement factories and makes production equipment for those industries and for mining operations. Transrapid makes magnetic levitating (maglev) trains.
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The Company Description provides a historical perspective of ThyssenKrupp Technologies's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of ThyssenKrupp Technologies's evolution in the marketplace.
