Editing Zug (section)

===Industrialisation and internationalisation===
[[File:ETH-BIB-Zug, Übersicht v. S. O.-Inlandflüge-LBS MH01-001739.tif|thumb|Aerial view by [[Walter Mittelholzer]] (1919)]]

Until well into the 19th century, Zug consisted of agricultural land. Actual industrialization began with the entrepreneur Wolfgang Henggeler, who in 1834 built a cotton mill in Unterägeri. This was followed by the two companies in Neuägeri and Baar. In 1866, the American George Ham Page founded the first European condensed milk factory in Cham, which later merged with [[Nestlé]]. Industry in Zug was dominated by the company [[Landis+Gyr]], founded in 1896, and now owned by [[Toshiba]]. The connection to the Swiss railway network in 1864 was important, as was the connection of mountain and valley with an electric tram at the beginning of the 20th century.

In the second half of the century, dynamic expansion took place and Zug became a national and international financial and trading centre, aided by its proximity to Zürich, and by an attractive tax policy. In parallel, large industrial and commercial zones evolved; employment increased rapidly; the population rose sharply, and the building boom skyrocketed. Canton Zug catapulted itself into being at the top of the financially strong cantons. And the town today has become, as the British Guardian once wrote, 'a compass of the global economy'.