As a result of shortages of space, Hagans often had to limit its operations.
In 1903 the factory site was moved to Ilversgehofen north of the city; only then was large-scale production possible.
On 30 June 1915 the locomotive factory was sold, with effect from 1 April 1916, to the Maschinenbau R. Wolf Magdeburg-Buckau.
A type of articulated steam locomotive is named after Hagans.
It had two groups of coupled wheels that moved together and which were connected via swinging lever system (Schwinghebelsystem), so that the locomotive managed with one pair of cylinders.