Ivar Kreuger - Early Years in America

Early Years in America

After the start of the 20th century, Kreuger spent seven years traveling and working abroad as an engineer in the USA, Mexico, South Africa and other countries, but spent most of the time in the US. In South Africa, he ran a restaurant for a short time together with his friend Anders Jordahl, but they soon sold the restaurant. At an early stage, he came in contact with the patented Julius Kahn system for concrete-steel constructions that was exploited by the company Trussed Concrete Steel Co., when working for different engineering companies, among them The Consolidated Engineering & Construction Co. and Purdy & Henderson in New York. This new technique had not been introduced in Sweden at that time. In 1907, he managed to get the representative rights for the system for both the Swedish and the German markets, and at the end of 1907, he returned to Sweden with the goal of introducing the new methods in both countries at the same time. At that time, one of the experts in Sweden in concrete-steel constructions was his cousin Henrik Kreüger working at KTH in Stockholm.

Read more about this topic:  Ivar Kreuger

Famous quotes containing the words early, years and/or america:

    Two sleepy people by dawn’s early light, and two much in love to say goodnight.
    Frank Loesser (1910–1969)

    I shall die as my fathers died, and sleep as they sleep; even so.
    For the glass of the years is brittle wherein we gaze for a span;
    A little soul for a little bears up this corpse which is man.
    So long I endure, no longer; and laugh not again, neither weep.
    For there is no God found stronger than death; and death is a sleep.
    —A.C. (Algernon Charles)

    I think the greatest taboos in America are faith and failure.
    Michael Malone (b. 1942)