It examines and displays the social cultural and economic effects of industrialisation.
The museum is an anchor point on the European Route of Industrial Heritage (ERIH).
On 1 January 2008, the management of the museum passed to the Stiftung Historische Museen Hamburg.
[1] The first director was Gernot Krankenhagen (1997–2004), followed by Lisa Kosok (2004–2008) and Kirsten Baumann (2009–2013).
[2] Outside the museum is the cutting head of tunnel boring machine, TRUDE (Tief Runter Unter Die Elbe), used in cutting the tunnels under the Elbe.