ThyssenKrupp Company Description
How do you say "giant engineering and steel company" in German? Try ThyssenKrupp (pronounced "TISS-in"). The company is one of the world's largest steel producers and getting larger; it operates worldwide in three main business areas: steel, capital goods, and services. The steel unit concentrates on carbon steel and stainless steel, while the capital goods unit consists of two segments: elevators and technologies (machine tools, large-diameter bearings, and industrial doors). The services sector provides tailor-made materials, environmental services, mechanical engineering, and scaffolding services. The former automotive segment of the capital goods unit was disbanded and sold off in pieces in 2006.
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The Company Description provides a historical perspective of ThyssenKrupp'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's evolution in the marketplace.
