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AEG electric motor builders plate. In 1970, AEG-Telefunken had 178,000 employees worldwide, and was the 12th largest electrical company in the world. The company was burdened by, among other things, unsuccessful projects such as an automated baggage conveyor system at Frankfurt Airport and nuclear powerplant construction.
AEG (German company), Allgemeine Elektricitäts-Gesellschaft ("General Electricity Company"), former German electrical manufacturer AEG (brand), licensed by Electrolux to several companies for a variety of products; Anschutz Entertainment Group, an American entertainment company
The company originates from a merger of two companies—Lux AB and Svenska Elektron AB, the former an established manufacturer and the latter a younger company founded by a former vacuum salesman who had also been an employee of the former firm. [7] The origins of Electrolux are closely tied to the vacuum, but today it also makes major appliances.
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In 1929, HEAC joined the Associated Electrical Industries (AEI) group, itself bought by The General Electric Company in 1967. By the 1960s it was the market leader in household electrical appliances in the United Kingdom, followed by Sweden's Electrolux.
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