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...heavy-equipment firm he made one of Germany's most profitable. Last week Essen's Rheinische Stahlwerke ended the speculation by making a bid to purchase Henschel, a move that would catapult the enlarged firm to third place among Germany's coal and steel giants (after Thyssen and Krupp...

Author: /time Magazine | Title: West Germany: Surprise Bid | 7/24/1964 | See Source »

German businessmen were particularly stunned by the stature of the company and the colleague involved. Tapped by occupation authorities after the war as apolitical enough to manage part of the old Thyssen steelworks, Goergen built Phoenix-Rheinrohr into the nation's second largest steel company before he and Widow Amelie Thyssen, his principal stockholder, split in a disagreement over policy. With the $600,000 settlement that he received after resigning, Goergen bought into Henschel, a once mighty steam-locomotive maker in Kassel that had sagged into receivership because it had underestimated the diesel locomotive...

Author: /time Magazine | Title: West Germany: A Giant Jailed | 5/8/1964 | See Source »

...fighter plane to 10,000 ft. Builder William Lear Sr. calls it "the fighting businessman's jet." He has firm orders for 21, hopes to start delivery at the rate of eight monthly by year's end. Among his customers: Rexall, Kroehler and German Steel Baron Heinrich Thyssen-Bornemisza...

Author: /time Magazine | Title: Aviation: Small Jets for Big Business | 5/1/1964 | See Source »

...prettier, more pleasant place in which to live. Pressured by labor representatives on company boards, the Ruhr's prosperous industrialists have built colorful high-rise apartments and cozy bungalows that rank with the best workers' housing anywhere. Krupp has steam-cleaned many of its buildings, August Thyssen has spent $10 million to control the smoke from its stacks, and the grimy company towns of yesteryear have turned into handsome cities. The rural aspects of the region, so long crushed by fumes and neglect, can once again exert their charm. And in many of the plants devoted...

Author: /time Magazine | Title: West Germany: The Changing Ruhr | 1/31/1964 | See Source »

Born. To Baroness Fiona Thyssen-Bornemisza, 31, one of 1963's ten best-dressed women, and Baron Heinrich Thyssen-Bornemisza, 42, German-born Swiss industrialist: their second child, first son; in Castagnola, Switzerland...

Author: /time Magazine | Title: Milestones: Jun. 28, 1963 | 6/28/1963 | See Source »

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