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Hoesch AG was an important steel and mining company with locations in the Ruhr area and Siegen.
In 1871, Hoesch was founded by Leopold Hoesch. In 1938, Hoesch employed 30,000 people.
In 1972, the prominent steel producer merged with the Dutch Hoogovens steel company to form Estel.
It was formerly the largest employer in Dortmund. In 1982, the merger with Dutch company Estel was stopped by Detlev Karsten Rohwedder, and Hoesch became again an own company. In 1991, German competitor Krupp bought Hoesch.
Nazi involvement
Fritz Springorum represented Hoesch AG at the Secret Meeting of 20 February 1933, at which prominent industrialists met with Adolf Hitler to finance the Nazi Party.
References
- "Das Phantom: Karl Hoesch (Kein Ersatz für Albert)". DerWesten (in German). Funke Mediengruppe. 9 November 2008. Retrieved 10 February 2019.
- ^ Josef Esser and Werner Wäth (1986). "Overcoming the Steel Crisis in the FRG". In Yves Mény and Vincent Wright (ed.). The Politics of Steel: Western Europe and the Steel Industry in the Crisis Years (1974-1984). European University Institute. p. 670. Retrieved 1 March 2015.
- Spiegel.de:Unzumutbarer Partner (October 4, 1982) (german)
- Zeit.de: Ein Mythos verblasst (german), August 28, 1992
- recording of Martin Blank for Paul Reusch printed in: Dirk Stegmann (1973). Zum Verhältnis von Großindustrie und Nationalsozialismus 1930-1933. Bonn-Bad Godesberg. p. 477.