Funded by the bank Ephraim Meyer & Sohn[1] Carl Hostmann founded an Ironworks based on supposed both coal- and orefields in this area. Though there were then found no sufficient coal fields, the company, named "Bergbau und Hüttengesellschaft zu Peine" was established in 1853. This company ended in insolvency during an economical crisis in 1858.
Under Fritz Hurtzig and Carl Haarmann on September 6, 1858 the "Aktiengesellschaft Ilseder Hütte" was taking over the assets, and in 1861 the production started. Despite the site's unfavorable geographical situation, the factory prospered and rapidly expanded its business.
In the era of the German Empire, the company became a major player in Germany's coal and steel industry. In 1872 a rolling mill was added and in 1879 a third blast furnace started work.
The area became an industrial park. The blowing engine building is in use for various events whereas the steam production building was torn down in spring 2010.
Former blowing engine building of Ilseder Hütte, in front a Ljungström turbine
Remains of a bridge in industrial park Ilseder Hütte, 2008
Former steam production building Ilseder Hütte, 2008
Site near the steam production building of Ilseder Hütte, 2008
Wilhelm Treue (1960). Die Geschichte der Ilseder Hütte (in German). Peine, München: Ilseder Hütte.
Rudolf Apel, Kurt Schoenfeld, Manfred Vorberg (2004). Die Ilseder Hütte 100 Jahre Industriegeschichte (in German). Erfurt: Förderverein Haus der Geschichte Ilseder Hütte. ISBN3-89702-736-4.{{cite book}}: CS1 maint: multiple names: authors list (link)
Notes
^The Preussag, at this time was an industrialholding company that changed later on its business field to tourism
References
^Peter Schulze. Bankhaus Ephraim Meyer & Sohn (in German). Stadtlexikon Hannover. p. 47..
^Handbuch der deutschen Aktiengesellschaften. Vol. 2 (1932 ed.). p. 1954.
External links
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This article is a translation from the German Wikipedia. The version used can be found under the following link: [1], The original authors of the German-language version can be found here [2]. German-language version can be found here [3].