Marmon Group is an American industrial

holding company A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...

headquartered in

Chicago Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...

Illinois Illinois ( ) is a U.S. state, state in the Midwestern United States, Midwestern United States. It borders on Lake Michigan to its northeast, the Mississippi River to its west, and the Wabash River, Wabash and Ohio River, Ohio rivers to its ...

. Founded by Jay Pritzker and Robert Pritzker in 1953 (as Colson Corporation), it has been held by the

Berkshire Hathaway Berkshire Hathaway Inc. () is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Originally a textile manufacturer, the company transitioned into a conglomerate starting in 1965 under the management of c ...

group since 2013. Marmon Group primarily focuses on the industrial space, including companies that produce transportation equipment, electrical components, other industrial components, as well as service-based companies providing services in the construction and retail sectors.

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manufacturing is a significant part of its business, including products which are sold through its subsidiaries Union Tank Car Company in the United States and Procor in Canada. Berkshire Hathaway acquired controlling interest in Marmon in 2007 and became sole owner in 2013.

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. The name of the company was changed to Marmon Group in 1964, after the acquisition of Marmon-Herrington. Major acquisitions by Marmon Group have included Cerro Corporation (1976) and

TransUnion TransUnion LLC is an American consumer credit reporting agency. TransUnion collects and aggregates information on over one billion individual consumers in over thirty countries including "200 million files profiling nearly every credit-active co ...

(1981). In 2008, the Pritzker family sold a 63.6 percent interest in Marmon Group to

for $4.8 billion, with plans for Berkshire to acquire the remaining 36.4% over the course of the next 5–6 years; the sale of the remaining stake to Berkshire was completed by 2013.

Subsidiaries

The following is a list of subsidiaries of the Marmon Group: * Amarillo Gear Company LLC ** Amarillo Gear Service * Amarillo Wind Machine LLC * Anderson Copper and Brass Company LLC * Astha Sterling Crane Plc (India) ** Procrane Sales Inc. * Atlas Bolt & Screw Company LLC * Big Red Rooster Flow * Cable USA LLC * Campbell Hausfield * Cannon Equipment * 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 * Colson Associates Inc * Commercial Zone Products * Comtran Cable LLC * DCI Marketing * Dekoron Unitherm LLC * Dekoron Wire & Cable LLC * Display Technologies LLC * Dominioni * 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 Specialized * 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 * Kentucky Trailer * 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 * Marmon Foodservice Technologies, Inc. ** Cornelius *** Silver King ** Prince Castle * Marmon Utility LLC (Hendrix) ** Hendrix Wire and Cable, Inc. * Marmon Utility LLC (Kerite) * Marmon/Keystone Canada Inc. * Marmon/Keystone LLC ** Bushwick Metals LLC *** AZCO Steel *** Bushwick-Fisher Steel Company *** Bushwick-Koons Steel *** Tarco Steel ** 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 * Penn Machine Company LLC * Perfection * Procoves Industrie * Project CSI * Radiant-RSCC Speciality Cable Private Ltd (India) * Railserve Inc. ** Ameritrack Rail * Retail Space Solutions * RLS Press Fittings * Robertson Inc. * RSCC Wire & Cable LLC * Sisu Axles Inc. * Sonnax Transmission Company, Inc. * Sterling Crane (North America) * Store Opening Solutions LLC * Streater LLC * TBS Engineering Ltd. * Tenn-Tex Plastics * TE Wire & Cable LLC * Thorco Industries LLC * 3Wire Group Inc. * Trackmobile LLC * Trade Fixtures LLC * Transco Railway Products * Triangle Suspension Systems Inc. * TSE Brakes Inc. * Tucker Safety Products * Unarco Industries LLC * Uni-Form Components Co. * Union Tank Car Company ** Procor Ltd * Webb Wheel Products * Wells Lamont Industrial * Wells Lamont Retail Group * Western Builders Supply Inc. * Wilbert Funeral Services

References

https://www.kytrailer.com/News/Article/53/Berkshire-Hathaway-Completes-Acquisition-of-Alleghany-Corporation

External links

Marmon Group
{{Authority control Electronics companies of the United States Manufacturing companies based in Chicago American companies established in 1953 Electronics companies established in 1953 Berkshire Hathaway 2013 mergers and acquisitions Pritzker family Companies formerly listed on the New York Stock Exchange