December 2007

Berkshire Hathaway will buy 60% of Marmon Holdings Inc., a private holding company with more than 125 manufacturing and service businesses that operate independently, for $4.5 billion.
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For a full list of companies in Marmon’s portfolio, click here.
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The sectors are: wire and cable, transportation services and engineered products (including rail), highway technologies, distribution of pipe and tubing, flow products, industrial products (including fasteners, safety products and metal fabrication), construction services, water treatement equipment, and retail services.

Companies are in North America, the United Kingdom, Europe and China, and have collective revenues of $7 …

Titan Machinery Inc., Fargo, ND, has acquired Reiten & Young International, Inc., a farm equipment dealership of CaseIH and New Holland brands.
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Reiten & Young International, Inc. operates one dealership in Grand Forks, ND, and had $10 million in revenue in fiscal year 2007 ending Oct. 31.
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With this acquisition, Titan Machinery will operate 36 full-service CaseIH and New Holland dealerships.
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Titan Machinery Inc. owns and operates a network of full-service agricultural and construction equipment stores in North …

Industrial Controls Distributors LLC, Wanamassa, NJ, distributor of HVAC controls, process instrumentation and industrial automated valves, has merged with Piedmont Instruments and Controls, Charlotte, NC.
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Piedmont will integrate with Industrial Controls’ Charlotte operation to cover North Carolina, South Carolina and Virginia.
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The combination of the two companies will give us an exceptional platform to continue our expansion plans in the Southeast Region,” Joe Eichelberger, CEO of Industrial Controls said. “This will be further evident when we move into our new Charlotte office with ample warehouse space, state-of-the-art training and demonstration facilities to be completed later this spring.”
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Industrial Controls has 12 offices covering 22 …