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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.
While Marmon's name comes from the maker of the first Indianapolis 500 winning car, our history begins in the 1950s withthe Pritzker brothers.
- 181 West Madison Street Suite 2600, Chicago, 60602-4510, Illinois
- (312) 372-9500
Oct 31, 2011 · Robert A. Pritzker, an industrial engineer and philanthropist who ran one of America’s largest private companies, died Thursday in Chicago. He was 85. The cause was Parkinson’s disease, said...
- Mary Williams Walsh
Jan 28, 2019 · The Marmon Group was built from the ground up with virtually no financial investment by the Pritzker family. The brothers built the company by shrewdly investing in, and then greatly improving, poorly performing businesses.
Oct 28, 2011 · Bob Pritzker was known for building The Marmon Group, once a small Ohio-based manufacturing business, into a massive industrial conglomerate, the majority of which was sold to Warren Buffet’s...
Its fortune arose in the 20th century, particularly through the founding and expansion of the Hyatt Hotels 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. [1]
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Robert A. Pritzker. Marmon Group. 1953–Present. Industry: Fabricated Goods. Era: 1950. A talented engineer, Pritzker's best asset was his ability to take an ailing industrial company and turn into a highly profitable enterprise. Throughout his career, Pritzker revived about 60 companies, all of which were purchased by his brother Jay.
