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.
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.