2004-2023 GuruFocus.com, LLC. Green [23] Ibid. Intended to preserve peace in the wake of the deadliest war the world had seen to date and limit the effects of ethnic nationalism, new national borders were delineated around ethnic territorial boundaries. They made a special saw for me.[12] While this reminiscence exhibits mutual affection between Grohmann and the quarry workers, it might also demonstrate that he was a special guestthe boss grandsonwho was to be treated accordingly. The name Eckhart is primarily a male name of German origin that means Edge, Brave. Ethnic Cleansing in East-Central Europe, 1944-48 (Lanham: Rowman & Littlefield, 2001); Roger A. Stafford, Aceco Plans for Turn, Know Wisconsin Industry, Milwaukee Sentinel, January 12, 1976, part 2, 9. [83] This is an indisputable notion in that Grohmanns migration and business endeavors were conducted largely in the realm and rationalities of global capitalism and Cold War politics, having made many personal decisions based on what made sense professionally and politically. [3] Now part of Poland, the area of German Silesia that Grohmanns family called home had survived the reshaping of Eastern European territorial boundaries that occurred through the peace settlements that followed the First World War. Green . Eckhart G Grohmann Net Worth What's Eckhart Grohmann's mailing address? Describing his intentions during the 1976 recession to the Sentinel, Grohmann explained, Were expanding when business is low; we did the same thing in 1970. Refer a Friend and Earn One Month of Free Membership. As Grohmann suggests in his above quote, his background was ever present in the prosperity of his business and social enterprises, directing his actions and decisions nearly every step of the way. Grohmanns contact with his grandfathers W. Thust operations proved to be such a formative experience in his entrepreneurial development that he later declared it the place where he was baptized in the trades. [77] However, Grohmann limited his leadership role in the corporation, remaining only vice president and treasurerperhaps reflecting a desire to keep his attention on his ACE/CO foundry operations as he had with his interest in the Weisel Sausage Company. He is a well-known author and spiritual leader. [38] Stafford, Milwaukee Sentinel, January 12, 1976, part 2, 9; Aluminum Association, Aluminum Statistical Review, 1979 (Washington, DC: Aluminum Association, 1979), 12, 28. Looking back, the Sentinel noted, [Grohmann] views the departures as a big favor since they forced him to learn the total operation, from pouring molten metal to sales and marketing.[42] Grohmanns approach to these challenges reveals the extent to which he learned from his familys successful building and rebuilding of their W. Thust operations. Fundamental company data provided by Morningstar, updated daily. It, again, was a six-digit pound figure, which the gallery might get for a Kryer, but I told the guy that hed likely never get that money. Everything she said was interesting. , However, these new political borders often failed to reflect actual ethnic territories, drawing lines especially between otherwise congruent groups of ethnic Germans. [39] However, Watry had no interest in seeing his small company go to a larger competing firm, so, when Grohmann approached him as an independent party in 1965 who saw possibilities in the small Milwaukee firm, the aging Watry was eager to sell.[40]. For instance, serving as a corporation member in 1974 and then as regent in 1990, Grohmann has had a long history as a major benefactor of the Milwaukee School of Engineering (MSOE). Eckhart's mailing address filed with the SEC is ALUMINUM CASTING & ENG., CO.,, 2039 S. LENOX ST., MILWAUKEE, WI, 53207-1209. The Grohmann Museum at the Milwaukee School of Engineering has produced an exhibition and book exploring the life and work of Erich Mercker, an artist whose work served to glorify the Third Reich. [69] Although the NLRB ordered the reversal of these practices, ACE/CO appealed this order, and fought these charges in court into the new century. Orion Systems Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. About Aaron Edward Eckhart. In all of his recollections of his experiences at the W. Thust facilities recorded in interviews over time, Grohmann, indeed still quite young, was an observer of hard work, not a participant in it. However, the Weisel company did not do very well after this sale, shuttering its doors in May 1979, after a little over a century of service, with little more than a sign that read, Sorry, Out of Business.[76], Grohmann was also involved in the formation of the Central Control Alarm Corporation in September 1981a venture located on Milwaukees near north side that provided electronic burglar, fire, and other security alarm services for area businesses and residences. [103] Jason Edward Kaufman, Nazi Association of Collection Not Relevant Says Founder of New Museum, The Art Newspaper, issue 186, January 12, 2007. To achieve his success, Grohmann had to work hard, and he appreciated art that reflected that ethic. Disclaimer: Visitor traffic is tracked using Google Analytics, 2010 - 2023 German Historical Institute |, http://www.immigrantentrepreneurship.org/entries/eckhart-g-grohmann/, Joe Walzer, University of Wisconsin-Milwaukee, The Collector: Dr. Eckhart Grohmann, Collector and Donor, Medical College of Wisconsin Advisory Boards, From the Postwar Boom to Global Capitalism, 1945-Today. [2] Grohmann was already a member of the entrepreneurial class in Germany, and immigrated to the United States partly to achieve greater access to industrial management positions and entrepreneurial capital than he could attain in Germany. [45] In Milwaukee, as in other American industrial centers, these transformations generated an unprecedented urban crisis, and promoted a growing sense of despair and uncertainty among its residents. [70] National Labor Relations Board v Aluminum Casting Engineering Co., Inc., No. Over the last 15 years, insiders at Orion Systems Inc have traded over $3,487,990 worth of Orion Systems Inc stock and bought 1,060,460 units worth $1,669,220 Moreover, he did not arrive in the United States as a poor labor migrant searching for social and economic mobility, and, while Grohmann cites political security as a major reason for his departure from Europe, he was not a traditional Displaced Person (DP) or exiled refugee common to Cold War era European migrations to the United States. [70] Regardless of ACE/COs relationship with its unions and workers, however, Grohmann successfully grew the firm into a major employer in Milwaukee, building it from a small foundry of 35 employees to a company ten times that size when he sold the business [to Diversified Machine Incorporated] in [December] 2007.[71] Grohmann explained in 2012 that the automobile industryhis primary clientshad become especially difficult to remain solvent by the late 2000s, and, since his children were not interested in pursuing the business, he decided to sell ACE/CO and focus more on his other existing business interests. The Grohmann Museum is named in honor of Dr. Eckhart Grohmann, an MSOE Regent, Milwaukee businessman and avid art collector, who donated his Man at Work art collection to MSOE in 2001 and subsequently the funds to purchase, renovate and operate the museum that bears his name. [51] Stafford, Milwaukee Sentinel, January 12, 1976, part 2, 9. 99-4187, US Court of Appeals (7th Cir. [83] Grohmann, interview, November 28, 2012. Inside, virtually every room is dressed for the holidays, a 1981 Journal article reportedincluding five cathedral-sized Christmas trees (over eleven feet tall) decorated in different themes and traditional German advent wreaths with real candles hung from the ceilings. While critics quickly labeled the pieces Nazi Art, and demanded a historical contextualization to these paintings, Grohmann and the museum directors stood firm, citing both the private nature and work-centered theme of the collection. [49] This was indeed a remarkable increase in an era of disinvestment and economic crisis. [69] Grohmann, interview, December 1, 2012. [95] Romell, Milwaukee Journal Sentinel, November 22, 2004; Athletics Department, Dr. 2, Understanding Nazi Germany (April, 2004): 169-188. 2503 E Jarvis St, MILWAUKEE, WI 53211-2131 View Address Year Built: 1924 Bedrooms: 5 Baths: 5.00 Garage Size: 2 Property Lot Size: 5490 SF Building Area: 4101 Owner: gert e grohmann Tax Year: 2016 Tax Amount: $10981.15 Total Market Value: $385,000 +Edit Past Address 2503 E Jarvis St, Milwaukee, WI 53211 View Address +Edit Past Address Based on ownership reports from SEC filings, as the reporting owner, Eckhart G Grohmann owns 1 companies in total, including Numerous white workers with increased social and economic mobility left the city for newer, more spacious suburbs, segregating those without this mobility (typically minority populations) in urban centers, and effectively fragmenting urban life. [84] Wrights Milwaukee City Directory, 1963 (Milwaukee: Wright Directory Co., 1963), 533. The German-born president of the Milwaukee Aluminum Casting & Engineering Company recently donated nearly 450 paintings and sculptures to the Milwaukee. [27] Stafford, Milwaukee Sentinel, January 12, 1976, part 2, 9. The company's filing status is listed as Restored To Good Standing and its File Number is M096755. Besides serving as a compelling addition to the litany of successful German immigrant entrepreneurs in United States history, Grohmanns story is extremely valuable to complicating our understanding of the dynamics of transnational migration in the realm of post-World War II global capitalism. [75] Grohmann remained president of the firm until 1977, when he and the Weisel family sold the business to the companys general manager, Thomas G. Stanek. [52] Grohmann quoted in Stafford, Milwaukee Sentinel, January 12, 1976, 9. [33], Milwaukee was indeed a natural place for Grohmann to pursue his entrepreneurial development. The Grohmann Museum at MSOE is named in his honor. [96] Grohmann also joined the advisory board of the Medical College of Wisconsins Cardiovascular Center in 2008. However, as he indicated to the Sentinel reporter, it was through addressing these challenges that he was no longer merely an observer of hard work; he had also become a participant. For more information about the exhibition Milwaukee Collects and related programs or to plan your visit, please visit theexhibition page. He said, Well, if I dont, Ill put it back up at auction. Sure enough, another few years go by, and I get an auction catalog and theres my picture. Click here to see the complete history of Eckhart G Grohmanns form 4 insider trades. Workers are frequently given assignments for which they have never been trained.. [24] Despite these sizeable setbacks, however, Grohmann and his family embraced their new home in West Germany and rebuilt their W. Thust enterprise. Historically known as the Deutsch-Athen, or German Athens, of the United States, Milwaukee over the course of the nineteenth century established a national and international reputation for the dominance of its German identity, cultural institutions, and businesses. [7] Mary Louise Schumacher, A Working Tribute, Review, Milwaukee Journal Sentinel, October 25, 2007, E1; Grohmann, interview, November 28, 2012. [93] Eckhart and Carole Grohmann were divorced in 1982. We had fun together.[91] Exhibiting entrepreneurial ambition of their own, Carole Grohmann and Jane Hootkin turned their friendship into a business partnership, creating a cooking school called Le Bec Fin. [2] Roger Daniels, Guarding the Golden Door: American Immigration Policy and Immigrants Since 1882 (New York: Hill and Wang, 2004), 113-128. [8] Eckhart Grohmann, Introduction, in Klaus Trk, Man at Work:400 Years in Paintings and Bronzes, Labor and the Evolution of Industry in Art, the Eckhart G. Grohmann Collection at the Milwaukee School of Engineering (Milwaukee: Milwaukee School of Engineering, 2003), 6. [100] Grohmann, Introduction, in Trk, 6. [73], Like several of Milwaukees best-known German-American entrepreneurs who married into their businesses, such as Joseph Schlitz, Valentine Blatz, and Frederick Pabst, Grohmann also married into the Weisel Sausage Company through his wife, Carole Weisel, daughter the companys owner, Carl Weisel, Jr. Its activities are carried out through three segments: Orion Services Group (OSG), which accounts for the majority revenue; Orion Distribution Services Division (ODS); and Orion U.S. Markets Division (USM). [97], Besides his financial support, Grohmann also made a contribution to MSOE that was much more personal in nature: his extensive private art collection. Provides CEO, CFO, Director and Chief Executives trade reports, independent equity research, and stock screening. It was then shown in Vienna and Cologne in 1864. 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