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History of Zug


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rt of the canton Waldst�tten, and the cantonal capital for a short time. After a 50-year struggle between federalism and centralism, between confederation and central state, between conservative and liberal-radical vision, in 1848, today�s federal government of Switzerland emerged. Zug was given its current cantonal structure, consisting of eleven local municipalities.

Industrialization and internationalization

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 Unter�geri. This was followed by the two companies in Neu�geri and Baar. In 1866, the American George Ham Page founded the first European condensed milk factory in Cham, which later merged with Nestl�. Industry in Zug was dominated by the company Landis & Gyr, founded in 1896, and now owned by Australian investment company Bayard Capital. 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 center, aided by its proximity to Zurich, 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 city today has become, as the British Guardian once wrote, �a compass of the global economy�.

Today

Zug is a low tax region, and is headquarters for a number of multinational enterprises.

Zug's best known agricultural product is kirsch
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