 Hochschild moved to the U.S. in 1884 and the firm was incorporated in New York in 1887.AMCO started out as an agent for Metallgesellschaft AG of Germany, the Henry R. Merton & Co. (founded by the brother of Wilhelm Ralph Merton) of the United Kingdom, and the Société Le Nickel of France (founded by the Rothschild family).Also in 1887, Jacob Langeloth, an executive of Metallgesellschaft in Germany moved to New York to assist Hochschild.