The American-Marietta Corporation was an American industrial conglomerate based in Chicago, Illinois, with numerous subsidiary companies across the Continental United States. It specialized in construction materials and industrial chemicals such as synthetic resins, adhesives, paints, and varnishesNuclear Regulatory Commission: The Martin Company, Special Meeting of Stockholers (PDF)
/ref> and was a former constituent of the

Fortune 500 The ''Fortune'' 500 is an annual list compiled and published by ''Fortune'' magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along ...

. It was originally founded in 1913 as the American Asphalt Paint Company by Grover M. Hermann of Callicoon, New York, and his business partner Charles Phelan,US Government Publishing Office: Congressional Record, December 5 1963 (PDF)
/ref> who was killed in an automobile accident in 1931. In 1940, the company merged with the Marietta Paint and Color Company of Marietta, Ohio, to become American-Marietta, with Hermann as president and director. The company entered the

in 1955 at #257. By 1960, the company's total income was $372 million and had reached #137. At 70, Grover Hermann sought to retire. After negotiations in 1960 with George M. Bunker, chairman of the

Glenn L. Martin Company The Glenn L. Martin Company—also known as The Martin Company from 1957-1961—was an American aircraft and aerospace manufacturing company founded by aviation pioneer Glenn L. Martin, and operated between 1917-1961. The Martin Company produc ...

, an agreement was made to merge American-Marietta with Martin. The two companies formally merged in October 1961 to form

Martin Marietta The Martin Marietta Corporation was an American company founded in 1961 through the merger of Glenn L. Martin Company and American-Marietta Corporation. In 1995, it merged with Lockheed Corporation to form Lockheed Martin. History Martin Mari ...

, with Hermann becoming Chairman of the Board of the new company until his retirement in 1975. He died in 1979.The Heritage Foundation: Heritage Foundation Launches Grover M. Hermann Center for the Federal Budget
/ref> In 1995 Martin Marietta went on to merge with Lockheed Corporation to form

Lockheed Martin The Lockheed Martin Corporation is an American aerospace, arms, defense, information security, and technology corporation with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It ...

.The Founding of Lockheed Martin"
official website of

Corp., retrieved December 4, 2017 In 1959, American-Marietta acquired Superior Stone, an aggregates company founded in Raleigh, North Carolina. After the merger with Martin, the aggregates division continued as Martin Marietta Materials, Inc. In 1996, following Martin's merger with Lockheed, Martin Marietta Materials was spun off as a wholly independent company currently trading as

Martin Marietta Inc Martin may refer to: Places * Martin City (disambiguation) * Martin County (disambiguation) * Martin Township (disambiguation) Antarctica * Martin Peninsula, Marie Byrd Land * Port Martin, Adelie Land * Point Martin, South Orkney Islands Aust ...

References

{{Reflist Lockheed Martin Manufacturing companies based in Chicago Manufacturing companies established in 1940 Manufacturing companies disestablished in 1961