Krupp
From Wikipedia, the free encyclopedia
The Krupp family is a prominent 400-year-old German dynasty from Essen, noted for its production of steel, artillery, ammunition and other armaments.
The dynasty began in 1587 when trader Arndt Krupp moved to Essen and joined the merchants' guild. He bought and sold real estate, and became one of the city's richest men. His descendants produced small guns during the Thirty Years' War and eventually acquired fulling mills, coal mines and an iron forge. During the Napoleonic Wars, Friedrich Krupp founded the Gusstahlfabrik (cast steel works) and started smelted steel production in 1816. This led to the company becoming a major industrial power and laid the foundation for the steel empire that would come to dominate the world for nearly a century under his son Alfred. The Krupp family business became the arms manufacturer for the Kingdom of Prussia in 1859, and later the German Empire.