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The Marmon Group
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. The name of the comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Pritzker
Robert Alan 'Bob' Pritzker (June 30, 1926 – October 27, 2011) was an American businessman and member of the wealthy Pritzker family. Biography Pritzker was born to a Jewish family, the Pritzker family,The Economist: "Jay Pritzker, pioneer of the modern hotel chain, died on January 23rd, aged 76" January 28, 1999 in , the son of Fanny (née Doppelt) and A.N. Pritzker. He has two brothers: |
American Companies Established In 1953
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * Ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufacturing Companies Based In Chicago
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electronics Companies Of The United States
The field of electronics is a branch of physics and electrical engineering that deals with the emission, behaviour and effects of electrons using electronic devices. Electronics uses active devices to control electron flow by amplification and rectification, which distinguishes it from classical electrical engineering, which only uses passive effects such as resistance, capacitance and inductance to control electric current flow. Electronics has hugely influenced the development of modern society. The central driving force behind the entire electronics industry is the semiconductor industry sector, which has annual sales of over $481 billion as of 2018. The largest industry sector is e-commerce, which generated over $29 trillion in 2017. History and development Electronics has hugely influenced the development of modern society. The identification of the electron in 1897, along with the subsequent invention of the vacuum tube which could amplify and rectify small el ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sisu Axles
Sisu Axles, Inc. ( fi, Sisu Akselit Oy) is a producer of heavy vehicle axles in Hämeenlinna, Finland. The company's main markets are in heavy truck, terminal tractor and military vehicle axles; the driven axles are exclusively with planetary reduction. Sisu Axles was started when Suomen Autoteollisuus, later Sisu Auto, started their own axle production in Helsinki in 1940s. The production was later transferred to Hämeenlinna and sold to investors. The current owner is American Marmon Group. The company Sisu Axles is specialised on highly customised heavy vehicle axles in niché markets. The axles are designated to be used in rough conditions. The company produces and supplies axles and components for heavy-duty vehicle producers in Finland and other countries. After market services include customer support, advisory and spare parts. The factory is equipped with laboratory for testing of axles at load for engineering purposes. Products Sisu Axles' core business are plane ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Kerite Company
Kerite is an American manufacturing company, which manufactures and installs power cables. The company is based in Seymour, Connecticut Seymour is a New England town, town located in New Haven County, Connecticut, New Haven County, Connecticut, United States. The population was 16,748 at the 2020 United States Census, 2020 census. Seymour is bordered by the towns of Oxford and Beac .... Products Kerite products include high voltage and specialty cable for applications such as underwater use and areas with high ground water levels. High voltage cable is Kerite's flagship product, made for voltages ranging from 46kV through 138kV. This cable is used for power transmission applications. Specialty cable includes medium and high voltage cable for subsea installations such as the Panama Canal. It is also used in other harsh environments such as flooded vaults, water-soaked conduits, and high-ground water applications. Kerite manufactures Electrical submersible pump, Electrical Subm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital media, digital subscribers. It also is a producer of popular podcasts such as ''The Daily (podcast), The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones (publisher), George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won List of Pulitzer Prizes awarded to The New York Times, 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national "newspaper of record". For print it is ranked List of newspapers by circulation, 18th in the world by circulation and List of newspapers in the United States, 3rd in the U.S. The paper is owned by the New York Times Company, which is Public company, publicly traded. It has been governed by the Sulzberger family since 189 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pritzker
The Pritzker family is an American family engaged in entrepreneurship and philanthropy, and one of the wealthiest families in the United States of America (staying in the top 10 of ''Forbes'' magazine's "America's Richest Families" list since the magazine began such listings in 1982). Its fortune arose in the 20th century—particularly through the founding and expansion of the Hyatt hotel corporation. Family members still largely own Hyatt, and prior to its sale to Berkshire Hathaway, the Marmon Group, a conglomerate of manufacturing and industrial service companies. Their holdings also have included the Superior Bank of Chicago (which collapsed in 2001), the TransUnion credit bureau, Braniff airlines, ''McCall's'' magazine, and the Royal Caribbean cruise line. The Pritzker family is of Jewish descent, and based in Chicago, Illinois. Family fortune In 1995, Jay Pritzker, the cofounder of Hyatt, stepped down and Thomas Pritzker took control of The Pritzker Organization. When t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TransUnion
TransUnion 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 consumer in the United States". Its customers include over 65,000 businesses. Based in Chicago, Illinois, TransUnion's 2014 revenue was US$1.3 billion. It is the smallest of the three largest credit agencies, along with Experian and Equifax (known as the "Big Three"). TransUnion also markets credit reports and other credit and fraud-protection products directly to consumers. Like all credit reporting agencies, the company is required by U.S. law to provide consumers with one free credit report every year. Additionally a growing segment of Transunion's business is its business offerings that use advanced big data, particularly its deep AI-TLOxp product. History TransUnion was originally formed in 1968 as a holding company for Union Tank Car C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marmon-Herrington
The Marmon-Herrington Company, Inc. is an American manufacturer of axles and transfer cases for trucks and other vehicles. Earlier, the company built military vehicles and some tanks during World War II, and until the late 1950s or early 1960s was a manufacturer of trucks and trolley buses. Marmon-Herrington had a partnership with Ford Motor Company, producing trucks and other commercial vehicles, such as buses. The company may be best known for its all-wheel-drive conversions to other truck maker's units, especially to Ford truck models. Founded in 1931, Marmon-Herrington was based in Indianapolis, Indiana, with a plant in Windsor, Ontario, and remained in Indianapolis until 1963. It is now based in Louisville, Kentucky. History Founded in 1931 by Walter C. Marmon and Arthur W. Herrington, the company was the successor to the Marmon Motor Car Company, a maker of high quality, costly automobiles from 1902 to 1933. By the early 1930s, the U.S. economy had taken a severe down ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BNSF Railway
BNSF Railway is one of the largest freight railroads in North America. One of seven North American Class I railroads, BNSF has 35,000 employees, of track in 28 states, and nearly 8,000 locomotives. It has three transcontinental routes that provide rail connections between the western and eastern United States. BNSF trains traveled over in 2010, more than any other North American railroad. The BNSF Railway Company is the principal operating subsidiary of parent company Burlington Northern Santa Fe, LLC. Headquartered in Fort Worth, Texas, the railroad's parent company is a wholly owned subsidiary of Berkshire Hathaway, Inc., of Omaha, Nebraska. The current CEO is Kathryn Farmer. According to corporate press releases, the BNSF Railway is among the top transporters of intermodal freight in North America. It also hauls bulk cargo, including enough coal to generate around 25% of the electricity produced in the United States. The creation of BNSF started with the formation of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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