Editing Krupp (section)

{{Short description|German steel and weapons production company}}
{{about|the German industrial conglomerate Krupp|other uses|Krupp (disambiguation)}}
{{distinguish|Krups}}
{{Use dmy dates|date=June 2020}}
{{expand German|date=May 2024|Friedrich Krupp AG}}
{{more citations needed|date=June 2021}}
{{Infobox company
| name = Friedrich Krupp AG Hoesch-Krupp
| former_name = {{Plainlist|
*Fried. Krupp AG (1903-1968, 1992)
*Friedrich Krupp GmbH (1968–1991)}}
| logo = Krupp Logo.svg{{!}}class=skin-invert
| logo_size = 200px
| image = 
| image_caption = 
| type = [[Aktiengesellschaft]]
| traded_as = 
| fate = Merged with [[Thyssen AG]]
| defunct = 1999
| predecessor = 
| successor = [[ThyssenKrupp]]
| foundation = {{Start date and age|1811}} in [[Essen]], [[Germany]]
| founder = [[Friedrich Krupp]]
| location_city = 
| location_country = 
| area_served = Worldwide
| key_people = 
| industry = [[Conglomerate (company)|Conglomerate]]
| products = Steel, [[stainless steel|stainless]] products, [[Automotive engineering|automotive technologies]], plant technologies, [[elevator]] systems, [[Marine engineering|marine systems]], [[shipbuilding]], [[firearm]]s
| revenue = 
| operating_income = 
| net_income = 
| assets = 
| equity = 
| num_employees = 
| owner = [[Alfried Krupp von Bohlen und Halbach Foundation]]
| homepage = 
}}
[[File:Drei Ringe von Krupp.jpg|thumb|The three rings were the symbol for Krupp, based on the ''Radreifen'' – the seamless [[Train wheel|railway wheels]] patented by Alfred Krupp. The rings are currently part of the [[ThyssenKrupp]] logotype.]]
[[File:Thyssen-Krupp-Quartier-Essen-2013.jpg|thumb|ThyssenKrupp HQ in Essen]]

'''Friedrich Krupp AG Hoesch-Krupp''' (formerly '''Fried. Krupp AG''' and '''Friedrich Krupp GmbH'''), [[trade name|trading as]] '''Krupp''', was the largest company in Europe at the beginning of the 20th century as well as [[Germany]]'s premier weapons manufacturer during both [[world war|world wars]]. It produced [[battleship|battleships]], [[U-boats]], [[tanks]], [[howitzers]], [[guns]], utilities, and hundreds of other commodities. The company also produced steel used to build railroads in the United States and to cap the [[Chrysler Building]]. 

After the [[Nazi Germany|Nazis seized power in Germany]], Krupp supported the regime and was one of many German businesses that profited from [[forced labour under German rule during World War II|slave labor during World War II]]. Upon the war's end, the head of the company, [[Alfried Krupp]], was tried and convicted as a war criminal for employing prisoners of war, foreign civilians and concentration camp inmates under inhumane conditions in support of the Nazi [[war effort]].<ref>{{Cite web |url=https://digitalcommons.lmu.edu/cgi/viewcontent.cgi?referer=https%3A%2F%2Fwww.google.com%2F&httpsredir=1&article=1735&context=ilr |title=A Fuhrer of Industry: Krupp Before, During, and After Nuremberg |last=Goldman |first=Stanely |publisher=Loyola Marymount University and Loyola Law School |access-date=15 January 2022 |archive-date=27 November 2020 |archive-url=https://web.archive.org/web/20201127142627/https://digitalcommons.lmu.edu/cgi/viewcontent.cgi?referer=https%3A%2F%2Fwww.google.com%2F&httpsredir=1&article=1735&context=ilr |url-status=dead }}</ref> Despite being sentenced to imprisonment for twelve years, he served just three and was pardoned (but not acquitted) by [[John J. McCloy]].<ref name="britannica">{{Cite encyclopedia|url=https://www.britannica.com/biography/Alfried-Krupp-von-Bohlen-und-Halbach|title = Alfried Krupp von Bohlen und Halbach &#124; German industrialist |encyclopedia=Britannica| date=9 August 2023 }}</ref> As a result of this pardon, all of Krupp's holdings were restored.<ref name="britannica"/> 

In the years following the Third Reich's collapse, Krupp rose once again to become one of the wealthiest companies in Europe. However, this growth did not last indefinitely. In 1967, an economic recession resulted in significant financial losses for the business. In 1992, the company went public for the first time upon merging with [[Hoesch AG]]. In 1999, it merged with [[Thyssen AG]] to form the industrial [[Conglomerate (company)|conglomerate]] [[ThyssenKrupp|ThyssenKrupp AG]].

Controversy has not eluded the Krupp company. Being a major weapons supplier to multiple sides throughout various conflicts, it was sometimes blamed for the wars themselves or the degree of carnage that ensued.<ref>{{cite book | title=The Anatomy of the Nuremberg Trials: A Personal Memoir | author=Taylor, Telford | publisher=Random House | year=2012 |url=https://books.google.com/books?id=hEH7KcpN-OcC | page=319| isbn=9780307819819 }}</ref><ref>{{cite book | title=Alfred Krupp: a Sketch of His Life and Work: After the German of Victor Niemeyer |author1=Michaelis, Kate Woodbridge |author2=Michaelis, Otho E. |author3=Monthaye, E. | publisher=Abe Books | year=2017 | url=https://books.google.com/books?id=-g9LAAAAMAAJ | page=31}}</ref>