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* Marmon Aerospace & Defense, LLC, dba RSCC Aerospace and Defense <ref>{{cite web |title=Custom Cable Manufacturer and Wire Company |url=http://www.marmon-ad.com/about |website=Marmon Aerospace and Defense |access-date=26 September 2019}}</ref>
* Marmon Aerospace & Defense, LLC, dba RSCC Aerospace and Defense <ref>{{cite web |title=Custom Cable Manufacturer and Wire Company |url=http://www.marmon-ad.com/about |website=Marmon Aerospace and Defense |access-date=26 September 2019}}</ref>
* Marmon Foodservice Technologies, Inc.
* Marmon Foodservice Technologies, Inc.
<ref>{{cite web |title=TrackTech Performance Diesel Fasteners |url=https://norcaldieselperformance.com/b-159135-tracktech-fasteners.html |website=norcaldieselperformance.com |access-date=5 April 2021}}</ref>
** Cornelius
** Cornelius
** Prince Castle
** Prince Castle

Revision as of 06:43, 7 April 2021

Marmon Holdings, Inc.
Company typeSubsidiary
IndustryTransportation equipment, Electrical and other industrial components, Construction, Food, Beverage & Water, and Retail services
Founded1953; 71 years ago (1953) in United States
(as Colson Corporation)
Headquarters181 West Madison Street, ,
Key people
Angelo Pantaleo (CEO)
OwnerBerkshire Hathaway
Websitewww.marmon.com

Marmon Group is an American industrial holding company headquartered in Chicago, Illinois; founded by Jay Pritzker and Robert Pritzker in 1953 (as Colson Corporation), it has been held by the Berkshire Hathaway group since 2013. It owns companies that produce transportation equipment, electrical components and other industrial components, and companies that provide services in the construction and retail sectors. Tank car manufacturing is a significant part of its business, products which are sold through its subsidiaries Union Tank Car Company in the United States and Procor in Canada. Berkshire Hathaway, which owns the largest freight railroad carrier in North America, BNSF Railway, acquired controlling interest in Marmon in 2007 and became sole owner six years later.

Origin and history

In 1953, Jay Pritzker and Robert Pritzker acquired Colson Corporation, a struggling manufacturer of casters, bicycles, navy rockets, and wheelchairs with sales of $3 million.[1][2] The name of the company was changed to Marmon Group in 1964, after the acquisition of Marmon-Herrington.[3] Major acquisitions by Marmon Group have included Cerro Corporation (1976) and TransUnion (1981).[1][3] In 2007, the Pritzker family sold a 60 percent interest in Marmon Group to Berkshire Hathaway, with plans for Berkshire to acquire the remaining 40% over the course of the next 5–6 years;[4] the remaining minority stake was purchased by Berkshire in 2013.[5]

Subsidiaries

The following is a list of subsidiaries of the Marmon Group:[6]

  • Amarillo Gear Company LLC
    • Amarillo Gear Service
  • Amarillo Wind Machine LLC
  • Anderson Copper and Brass Company LLC
  • Astha Sterling Crane Plc (India)
  • Atlas Bolt & Screw Company LLC
  • Cable USA LLC
  • Campbell Hausfield
  • Cannon Equipment[7]
  • Catequip S.A.S and Cat'Serv S.A.R.L
  • CCPI Europe Ltd
  • Cerro Electrical Products
  • Cerro E.M.S
  • Cerro Fabricated Products LLC
  • Cerro Flow Products LLC
  • Cerro Plumbing Products
  • Cerro Wire LLC
  • Commercial Zone Products
  • Comtran Cable LLC
  • DCI-Artform
    • Sloane Retail Solutions
  • Dekoron Unitherm LLC
  • Dekoron Wire & Cable LLC
  • Display Technologies LLC
  • Dominioni[8]
  • Ecodyne Heat Exchangers LLC
  • Ecodyne Ltd
  • EcoWater Canada Ltd
  • EcoWater Systems Europe
  • EcoWater Systems LLC
  • Eden
  • Enersul Inc.
  • Epuro
  • EXSIF Worldwide Inc.
  • Filtrex Technologies
  • Focused Technology Solutions,Inc.
  • Fontaine Commercial Trailer Inc.
  • Fontaine Fifth Wheel Company
  • Fontaine Modification Company
  • Fontaine Spray Suppression Company
  • Freo Group Pty Ltd (Australia)
  • Gendon Polymer Services Inc.
  • Graver Technologies LLC
  • Graver Water Systems LLC
  • Harbour Industries LLC
  • Jomac Canada
  • Joyce Crane
  • Koehler-Bright Star LLC
  • KX Technologies LLC
  • L.A. Darling Company LLC
  • Leader Metal Industry Co. Ltd
  • Lindenau Full Tank Services GmbH
  • M/K Express Company LLC
  • Marmon Aerospace & Defense, LLC, dba RSCC Aerospace and Defense [9]
  • Marmon Foodservice Technologies, Inc.

[10]

References

  1. ^ a b "Our History". Marmon.com. Retrieved 28 February 2017.
  2. ^ "Bob Pritzker Bio". ColsonAssociates.com. Retrieved 28 February 2017.
  3. ^ a b Labitan, Bud (2012). Moats : The Competitive Advantages of Buffett and Munger Businesses. ISBN 9781105422867. Retrieved 28 February 2017.
  4. ^ Bajaj, Vikas (2007). "Rapidly, Buffett Secures a Deal for $4.5 Billion" (online, print). New York Times (December 26). Retrieved July 21, 2009.
  5. ^ Jordan, Steve. "erkshire's 'hidden' mega-business: What is Marmon Holdings?". Omaha.com.
  6. ^ "Marmon Businesses in Alphabetical Order". Marmon.com. Retrieved 26 February 2017.
  7. ^ Haggerty, Ken. "Cannon Equipment acquired by Berkshire Hathaway's Marmon". CannonFalls.com. Retrieved 28 February 2017.
  8. ^ Holman, Jordyn. "Buffett's Marmon Buys Italy's Dominioni in Pasta-Equipment Wager". Bloomberg.com. Retrieved 28 February 2017.
  9. ^ "Custom Cable Manufacturer and Wire Company". Marmon Aerospace and Defense. Retrieved 26 September 2019.
  10. ^ "TrackTech Performance Diesel Fasteners". norcaldieselperformance.com. Retrieved 5 April 2021.