Marmon Group
| Company type | Subsidiary |
|---|---|
| Industry | Industrial manufacturing and services |
| Founded | 1953 |
| Founder | Jay Pritzker, Robert Pritzker |
| Headquarters | Chicago, Illinois , United States |
Area served | Worldwide |
| Products | Transportation equipment, electrical components, industrial products, construction and retail services |
| Owner | Berkshire Hathaway |
| Parent | Berkshire Hathaway |
| Website | www |
Marmon Group is a U.S.-based industrial holding company with its headquarters located in Chicago, Illinois. Established in 1953 by entrepreneurs Jay Pritzker and Robert Pritzker under the original name Colson Corporation, it has been fully owned by Berkshire Hathaway since 2013.
The Marmon Group primarily engages in the industrial field, comprising businesses involved in producing transportation equipment, electrical components, and various industrial products, alongside offering services in construction and retail sectors. A prominent area of focus is tank car production, managed through its subsidiaries Union Tank Car Company in the United States and Procor in Canada. Berkshire Hathaway initially gained a controlling interest in Marmon in 2007 before acquiring complete ownership by 2013.
Origin and history
In 1953, Jay Pritzker and Robert Pritzker took over Colson Corporation, a struggling enterprise at the time with annual revenues of $3 million, manufacturing items such as casters, bicycles, naval rockets, and wheelchairs.
The firm was renamed Marmon Group in 1964 after acquiring Marmon-Herrington. Over the years, it expanded its industrial reach through notable acquisitions including Cerro Corporation in 1976 and TransUnion in 1981.
In 2008, the Pritzker family divested a 63.6% share of Marmon Group to Berkshire Hathaway for $4.8 billion. The remaining ownership was transferred by 2013, thereby cementing Berkshire’s full control and incorporating Marmon into its portfolio to drive business expansion and strengthen market presence.
Subsidiaries
Marmon Group’s extensive array of subsidiaries spans numerous industries, demonstrating its broad market penetration and strategic business approach. Key companies within its portfolio include:
- Amarillo Gear Company LLC
- Amarillo Wind Machine LLC
- Anderson Copper and Brass Company LLC
- Astha Sterling Crane Plc (India)
- Atlas Bolt & Screw Company LLC
- Campbell Hausfield
- Cannon Equipment
- Catequip S.A.S and Cat'Serv S.A.R.L
- Cerro Electrical Products along with EMS, Fabricated Products, Flow Products, Plumbing Products, Wire LLC
- Colson Associates Inc
- Comtran Cable LLC
- Dominioni (Italy) – acquired to broaden presence in pasta-equipment manufacturing
- Ecodyne Heat Exchangers LLC and Ecodyne Ltd
- EcoWater Systems (Canada, Europe, LLC)
- Fontaine Commercial Trailer Inc. and affiliated Fontaine companies
- Freo Group Pty Ltd (Australia)
- Graver Technologies LLC and Graver Water Systems LLC
- Jomac Canada
- Kentucky Trailer
- Marmon Aerospace & Defense, LLC (operating as RSCC Aerospace and Defense)
- Marmon Foodservice Technologies, Inc., including Cornelius (Silver King) and Prince Castle brands
- Marmon Utility LLC (comprising Hendrix and Kerite divisions)
- Marmon/Keystone entities such as Bushwick Metals LLC and Future Metals LLC
- Marmon-Herrington Company
- McKenzie Valve & Machining LLC
- Midwest Plastic Fabricators
- Nylok LLC
- Owl Wire and Cable LLC
- Pan American Screw LLC
- Penn Aluminum International LLC and Penn Machine Company LLC
- Procoves Industrie
- Railserve Inc. with Ameritrack Rail division
- Robertson Inc.
- RSCC Wire & Cable LLC
- Sisu Axles Inc.
- Sonnax Transmission Company, Inc.
- Sterling Crane (North America)
- Store Opening Solutions LLC
- Tenn-Tex Plastics
- TE Wire & Cable LLC
- Thorco Industries LLC
- Trackmobile LLC
- Transco Railway Products
- TSE Brakes Inc.
- Tucker Safety Products
- Unarco Industries LLC
- Union Tank Car Company including Procor Ltd
- Webb Wheel Products
- Wells Lamont Industrial and Retail Group
- Western Builders Supply Inc.
- Wilbert Funeral Services
This wide-ranging subsidiary structure underpins Marmon's worldwide operations, strengthening its competitive position across sectors like manufacturing, infrastructure development, aerospace, foodservice solutions, and utility services.
References
External links
- Articles with short description
- Electronics firms in the United States
- Chicago-based manufacturing companies
- American corporations founded in 1953
- Electronics manufacturers established in 1953
- Berkshire Hathaway
- Mergers and acquisitions of 2013
- Pritzker family
- Companies formerly traded on the New York Stock Exchange
- 5
- Companies of the United States by year of establishment
- American companies established in 1953