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Marmon Holdings, Inc., part of Berkshire Hathaway Inc., is a global, diversified organization of manufacturing and service businesses. If Marmon were a stand-alone public company, we would be on the Fortune 500 list of the largest U.S. corporations. We are among Berkshire Hathaway’s “Powerhouse Six,” Warren Buffett’s term for Berkshire’s largest non-insurance businesses. By any meaningful financial standard, Marmon is a successful group of companies, but numbers tell only part of the story.

Marmon’s performance depends on our people. Any organization might say the same
thing, but it is vitally true in the case of Marmon, one of the world’s most decentralized
large industrial organizations. We trust our skilled managers and dedicated employees
who are closest to their teams, customers, and communities to recognize problems or
opportunities and address them with sound judgment, agility, and creativity.

No two Marmon businesses are the same. They vary in geography and culture—with operations in big cities and small towns from the U.S. to China and from Canada to Australia—and in their products, services, and markets. However, they share core values and qualities that define Marmon.

Integrity
Since our founding in 1953, Marmon has built a reputation as an honest, ethical organization. Today, we are proud to be part of Berkshire Hathaway, one of the world’s best respected companies. As Warren Buffett has noted, “It takes 20 years to build a reputation and five minutes to ruin it.” Nothing is more important to us than our good name and we take very seriously our obligation to continuously earn it and protect it.

Strength
Marmon companies have staying power—and growing power. Like Berkshire Hathaway,
Marmon buys and runs businesses for the long haul. Our strong financial position
and access to capital enable us to grow strategically via both acquisition and internal
investment. Marmon focuses on carefully selected niche markets and products with the
greatest potential for sustainable profitable growth.

Autonomy
Marmon’s highly decentralized management structure fosters employee initiative and professional development. The combination of authority and accountability encourages resourcefulness and a strong commitment to excellence. At our smaller units, managers often wear many hats, providing invaluable experience in the various facets of running a business and creating paths for career advancement.

Innovation
Marmon is dedicated to providing practical solutions that meet our customers’ most critical needs. That’s how we differentiate ourselves from the competition in the eyes of our customers—how we win in our chosen markets. We recognize the importance of developing and effectively introducing game-changing technologies, products, and processes, and we value creativity throughout our businesses.

Responsibility
Marmon believes in doing well and doing good. Many of our innovative technologies and products benefit our businesses while also improving the environment, safety, and quality of life globally. An important part of doing good is giving back to our communities through charitable activities, and this spirit manifests itself in countless ways among Marmon businesses and their employees who volunteer to serve others.

Opportunity
While every job is important and every employee needs a challenging and rewarding work experience, Marmon gives special attention to building leadership depth. Marmon managers learn from seasoned executives, often one-on-one, and may attend internally-led Marmon College training programs. With any potential new Marmon business segment or acquisition, one of the first questions asked is, “Who will run it?” One day, the answer may very well be, “You.”

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