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tk Materials NA history
tk Materials NA company history timeline
Krupp is the first German company still in production to agree a voluntary payment of DM10 million with the Jewish Claims Conference in 1959 to former Jewish concentration camp prisoners who performed forced labor.
The hot strip mill begins work in April 1964, with the cold rolling mill beginning its production two months later.
1965 – Acquisition of the Bochum Association for cast steel fabrication
1967 sees the death of Alfried Krupp von Bohlen und Halbach, the last personal sole owner of the Krupp company.
The "Alfried Krupp von Bohlen und Halbach Foundation" commences work on January 1, 1968.
The Beeckerwerth factory is awarded the gold medal at the “Industry in the Landscape” national competition in 1971 because the Technical Director Alfred Michel had placed particular emphasis on the external and architectural design of the plant directly on the River Rhine.
1972 – Krupp builds the roof of the Olympic Stadium in Munich
1973 – Expansion of Thyssen to form a conglomerate
The acquisition of Rheinstahl AG in 1973 broadens the business base and at the same time reduces dependency on the cyclical steel sector.
In 1973 a new large-scale production site is built in Neuhausen an der Fildern near Stuttgart.
During a period of expansion in 1978 Thyssen AG entered the North American automotive industry with the acquisition of Budd’s automotive operations, which became the automotive division of Thyssen and operated in North America as Budd Thyssen, later ThyssenKrupp Budd Co.
Krupp Stahl AG, founded in 1980, is the holding company for all steel operations within the Group.
1983 – Foundation of Thyssen Stahl AG
Wilfried Prange, Head of the Research Department for Application Technology, is considered to be the “inventor” of the tailored blanks, which were first used in 1983 in the Audi 100.
After closure of the operation in 1985, the blast furnace plant is converted into a landscape park under the IBA Emscherpark project and private initiatives.
Foundation of the company Eisen- und Stahlhandel, Mannheim warehouse and renaming in 1987 to Thyssen Schulte GmbH, Stahl-Service-Center Mannheim (now the Mannheim branch).
The takeover of VDM Nickeltechnologie AG in 1989 expands the group's range of high-alloy stainless steels.
The joint venture Hüttenwerke Krupp Mannesmann GmbH Duisburg, established in 1990 by Krupp Stahl AG and Mannesmannröhren-Werke AG - in which each hold equal shares - supplies both parent companies with semi-finished products for the manufacture of flat steel products and tubes.
Krupp GmbH acquires shares in Hoesch AG from 1991.
Krupp AG on December 8, 1992.
1992 – Merger of Fried.
The steel activities of Krupp Stahl and Hoesch Stahl are combined in Krupp Hoesch Stahl effective January 1, 1993.
A radical measure in the following years: The closure of the almost 100-year-old Rheinhausen plant in 1993.
1995 – Collaborations between Thyssen and Krupp in the field of steel
To concentrate its activities Thyssen defines core businesses in 1996.
Krupp AG Hoesch-Krupp in 1998.
In 1998 Thyssen purchases the elevator business of Dover Elevators (USA), the market leader for hydraulic elevators in North America.
The company was founded on March 17, 1999 and is headquartered in Essen, Germany.“
1999 – Milestone in flat steel development: Casting rolling line
From the desire to operate “environmental protection for the eyes”, new buildings of ThyssenKrupp Steel Europe have been designed in color since the year 2000.
Until 2001 ThyssenKrupp AG contributes around DM152.3 million to the compensation fund.
Right on schedule on New Year’s Eve in 2002 the Transrapid departs the terminal in Shanghai for the first time.
It links Pudong airport with Shanghai and begins permanent operation in 2004.
thyssenkrupp launches the “Discovering future technology” initiative in 2004 against the background of an increasing shortage of young people in technical professions.
In 2005 ThyssenKrupp acquired Howaldtswerke-Deutsche Werft (HDW) in Kiel from One Equity Partners.
In October 2006 ThyssenKrupp sold ThyssenKrupp Budd’s North American body and chassis operations to Martinrea International Inc.
Effective October 1, 2009 ThyssenKrupp implements a new organizational structure to better respond to business challenges.
In December 2010, Thyssen Krupp Steel Europe received the “Corporate Health Award” in the “Heavy Industry and Mechanical Engineering” category for its exemplary health management.
The company announced that the investment was increased to $4.6 billion in 2010.
On November 20, 2011, the 200th anniversary of Krupp is marked by a ceremony at Villa Hügel.
The company projects to be fully operational in late 2011 and employ approximately 1,800 people at that time.
The company projects it will employ approximately 900 people when fully operational in late 2012.
In accordance with its statutes the foundation has the task of using the funds it receives to serve "directly charitable purposes". Until his death in 2013 the Chairman of the foundation´s Board of Trustees is Berthold Beitz.
On February 26, 2014, ThyssenKrupp sold their Calvert carbon steel facility to ArcelorMittal and Nippon Steel for $1.55 billion.
Our parent company, thyssenkrupp, unveils a new corporate identity to better reflect its diverse industrial holdings in October 2015.
With the successful closing on July 31, 2020, another important milestone in the initiated transformation of the company into a powerful “Group of Companies” is accomplished.
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tk Materials NA competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Coxreels | 1923 | $10.0M | 52 | - |
| Tubular Steel | 1953 | $50.0M | 750 | - |
| BlueLinx | 2004 | $3.0B | 2,500 | 212 |
| Ryerson | 1842 | $4.6B | 3,600 | 71 |
| Guardian Building Products Distribution Inc | 1868 | $150.0M | 750 | - |
| Lewis-Goetz & Company | 1935 | $476.3M | 1,039 | - |
| National Beverage | 1985 | $1.2B | 1,640 | 102 |
| Alpha Wire | 1922 | $85.0M | 375 | - |
| George Weston Bakeries | - | $250,000 | 2 | - |
| TW Metals | 1907 | $230.0M | 742 | 33 |
tk Materials NA history FAQs
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tk Materials NA may also be known as or be related to THYSSENKRUPP MATERIALS NA, ThyssenKrupp Materials NA Inc, ThyssenKrupp Materials NA, Inc., Thyssenkrupp Materials Na, Thyssenkrupp Materials Na, Inc., thyssenkrupp Materials NA and tk Materials NA.