Kortfors was established as an ironworks in the 17th century, and the ironworks closed down in the 1920s.[3] At the end of the 17th century, ironmaster Georg de Besche acquired Kortfors,[4] and then by Johan Stensson Hammarström. In mid-18th century, Carl Daniel Luthman acquired it, followed by Georg Ahlborg, Per Castorin and Carl Lindberg.[4] At the end of its operational years, in the 20th century, the ironworks was acquired by the AB Héroults Elektriska Stål, established in 1902 by the French metallurgist Paul Héroult.[1]