History of the company

The world knows our middle name. Tradition.

In the last 100 years, we at thyssenkrupp Magnettechnik have accumulated a considerable wealth of experience and valuable know-how. What began in 1920 as Magnetfabrik Dortmund is now a branch of thyssenkrupp Schulte GmbH and part of the Materials Services segment. The world knows our middle name.

History

1920

Dortmunder Union founds the business unit Magnetfabrik Dortmund. The production of permanent magnets starts.

Aerial photograph Dortmund Deutsche Edelstahlwerke

1927

The newly founded Deutsche Edelstahlwerke AG (DEW) takes over the magnet branch Magnetfabrik Dortmund.

1976

Transfer of Deutsche Edelstahlwerke to Thyssen Edelstahl Werke (TEW).

Change of name to Thyssen Magnettechnik GmbH

1992

Fusion of the business units Stainless Steel and Steel.

Transfer of the magnet branch to Elektroblechgesellschaft Bochum (EBG).

Change of name to Thyssen Magnettechnik GmbH.

1997

Transfer of the magnet branch to Thyssen Stahlunion.

Sale of the magnet production and concentration on distribution.

Foundation of Thyssen Magnet- und Komponententechnik GmbH.

Fusion of Thyssen and Krupp

1998

Fusion of Thyssen and Krupp.

2002

Change of name to ThyssenKrupp Magnettechnik.

thyssenkrupp Magnettechnik

2003

Move to Gelsenkirchen.

2005

Integration of ThyssenKrupp Magnettechnik GmbH into ThyssenKrupp Schulte GmbH:

ThyssenKrupp Magnettechnik, Branch of ThyssenKrupp Schulte GmbH

Aerial photograph of thyssenkrupp Schulte in Essen

2010

Move to Essen.