. [43] Kenneth T. Jackson, Crabgrass Frontier: The Suburbanization of the United States (New York and Oxford: Oxford University Press, 1985), 190-230. While his father managed his familys farm, Grohmanns grandfather ran the W. Thust works in Gnadenfrei, which his family had established in 1819 and built into one of the top quarrying and processing firms in Germany, specializing in marble and granite tombstones and statues. 2000); Milwaukee Journal, January 4, 1995, C8. Eckhart Grohmann has collected art since the 1960s. [52] Grohmann quoted in Stafford, Milwaukee Sentinel, January 12, 1976, 9. The following information is provided for citations. Greg Kretschmar net worth is $8 Million Greg Kretschmar Wiki: Salary, Married, Wedding, Spouse, Family Greg Kretschmar is an actor, known for Ear Whacks (2009), Bighorn (2010) and Split Ticket (2016). [49] Unless otherwise noted, all 2010 USD values calculated by using http://www.measuringworth.com/uscompare/ (accessed February 11, 2013). The most active insiders traders include Kenneth M Young, John H Scribante, and Scott A. No Available Data Eckhart G Grohmann Mailing Address Above is the net worth, insider trading, and ownership report for Eckhart G Grohmann. [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. [54] According to the Sentinel, the merging of Lawrans sand casting facility and operation with ACE/COs permanent mold casting outfit gave Grohmanns enterprise the largest capacity of any US aluminum jobbing foundry, and moved ACE/CO into the top ten largest aluminum jobbing firms in the country. Already a member of the entrepreneurial class, Grohmann immigrated to the United States to achieve greater access to entrepreneurial opportunities than he could at home in Germany. [99] Recognizing that many MSOE students lacked exposure to the hands-on work experiences of the past due to modern automated production processes, Grohmann decided to donate his collection to the school in 2001, thereby opening [students] eyes to the historical evolution of work from its earliest beginnings.[100] Along with his collection, Grohmann also donated a building in which to house it, establishing MSOEs Man at Work collection at the Grohmann Museum, which opened its doors on the corner of North Broadway and East State Streets in downtown Milwaukee in October 2007. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Executive Vice President J Per Brodin According to a 1976 story in the Milwaukee Sentinel, two significant executives departed ACE/CO shortly after Grohmann had acquired the firm, producing a rather rocky transfer that threatened the ongoing work and ultimate success of the enterprise. Eckhart Georg Grohmann was born in Breslau, Germany (today the Polish city of Wrocław), in the former Eastern German state of Silesia on June 29, 1936. Currently, Eckhart is married. In the House of Representatives, Grothman serves on three committees, the House Committee on Education and Labor, the House Committee on Oversight and Reform . Green . [96] Grohmann also joined the advisory board of the Medical College of Wisconsins Cardiovascular Center in 2008. Ten years later, I was in London going through the galleries at Bond Street, and I see my Kryer. . Grohmann had befriended Bauer F. Bullinger, a former Milwaukee County administrator and partner with the Milwaukee law firm Houghton, Bullinger, and Nehs. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. Found in the collection of Eckhart G. Grohmann Collection. Aaron's net worth has been estimated to be $25 million. 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 Grohmann, however, assured the Milwaukee business community that, although ACE/CO may have been bouncing on the bottom of the recession as its customers had cut back on orders, it was not playing dead.[51] He viewed these economic downturns as temporary setbacks in the grander scheme of ACE/COs progress, and, therefore, excellent chances to expand and make important gains on his competition. [35] Judith T. Kenny, The Homebuilders: The Residential Landscape of Milwaukees Polonia, 1870-1920, in Milwaukee Stories, ed. The Registered Agent on file for this company is Gert Eckhart Grohmann and is located at 13117 N Granville Rd, Mequon, WI 53097-1807. [62] Davis, 24. I used to follow Carole around with a notebook, Jane Hootkin, Caroles neighbor and friend recalled in a 1987 interview with the Chicago Sun Times. Indeed, Grohmann does not recognize Milwaukees German ethnic heritage and social networks as important factors in his entrepreneurial and social success, nor does he attribute much of his entrepreneurial abilities to his own German heritage. He remained on the board for thirteen years. [45] Bluestone and Harrison, 7-8; John R. Short, The Urban Order: An Introduction to Cities, Culture, and Power (Oxford: Wiley-Blackwell, 1996), 71-84, 89; Jefferson Cowie, Capital Moves: RCAs Seventy-Year Quest for Cheap Labor (New York: New Press, 1999), 1-11. Green. by Jefferson Cowie and Joseph Heathcott (Ithaca and London: Cornell University Press, 2003), 259-283. [email protected]. of 2,500 shares. Click through to find out more information about the name Eckhart on BabyNames.com. The Grohmann Museum at MSOE is named in his honor. purchase The company helps its customers achieve energy savings with healthy, safe and sustainable solutions, enabling them to reduce their carbon footprint and digitize their business. However, the value of established German ethnic networks to Grohmanns business ventures in Milwaukee is perceptible to some extent in that a lone immigrant like Grohmann who did not have immediate family networks in the area to rely on was able to establish himself and build a successful enterprise in the city quite quickly and with relative ease. Currently, Gert is married. 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. Click here to see the complete history of Eckhart G Grohmanns form 4 insider trades. [92] However, after enrollment in the school dropped significantly eight years after they had launched the project, they decided to focus their attention on creating a line of gourmet food products with new partner Betty Puccio, including frozen soups (which they were known for at the cooking school), and a series of barbecue sauces, basting sauces, and cranberry sauces and chutneys under the Wisconsin Wilderness label that remains to this day. Needing more sales experience as part of his training, the president of the companys Wisconsin branch requested that Grohmann join their team in Milwaukee. In addition to being an astute and successful entrepreneur, Eckhart Grohmann also became a major booster of private higher education in Milwaukee. [61] However, organizers continued to point to what they perceived as unacceptable working conditions. Sign up in seconds, it's free! Median net worth; Average net worth; Top 1% net worth; Of these, median net worth is the most important statistic. [50], Despite this extraordinary growth, ACE/CO experienced significant setbacks in the economic recessions of 1970 and 1976. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. [63] Grohmann, on the other hand, contends that this was a tragic accident and an isolated incident in an otherwise safe working environment, noting his strong commitment to safety at his ACE/CO facilities. 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. 99-4187, US Court of Appeals (7th Cir. [61] Ibid. [27] Stafford, Milwaukee Sentinel, January 12, 1976, part 2, 9. About The Grohmann Museum. Gert has a reported annual income of $100 - 149,999 and a current net worth value of greater than $250,000 - $499,999. Everything she said was interesting. The most recent stock trade was executed by Anthony L. Otten on 14 February 2023, trading 2,500 units of OESX stock currently worth $4,600. Since his start in the industry, Josh Altman has earned himself a net worth of $30 million. Although Grohmanns background might be characterized as being rather privileged, it was undoubtedly quite turbulent as well. While dramatically improving the conditions of scores of American workersespecially white menpostwar industrial expansion and the resulting economic boom significantly changed the lives of many Americans and the face of American cities. Written by Joe Walzer, University of Wisconsin-Milwaukee Introduction [93] Eckhart and Carole Grohmann were divorced in 1982. The Art of the Milwaukee Road. [40] Stafford, Milwaukee Sentinel, January 12, 1976, part 2, 9; Grohmann, interview, November 28, 2012. Eckhart G Grohmann is the director of Orion Energy Systems Inc. Orion provides energy-efficient LED lighting systems and turnkey project implementation including installation and commissioning of fixtures, controls and IoT systems, as well as ongoing system maintenance and program management. Based on ownership reports from SEC filings, as the reporting owner, Eckhart G Grohmann owns 1 companies in total, including He also provided the funds to purchase, renovate and operate the museum that bears his name. and We dont know that any was actually commissioned by the Third Reich, Grohmann said in an interview with The Art Newspaper, and to be honest I wouldnt care. [20] Grohmann, interview, November 28, 2012. Other names that Eckhart uses includes Eckhar Grohmann, Eckhardt Grohmann and Eckhart G Grohmann. Eckhart Tolle Net Worth Eckhart Tolle has an estimated net worth of $70 million. [37], Not interested in settling for an executive position in someone elses firm, however, Grohmann began searching for a business of his own, which he found in the Aluminum Casting and Engineering Company (ACE/CO)a small aluminum foundry on Milwaukees south side. Grohmann was already a member of the entrepreneurial class in Germany. [64] Grohmann, interview with the author, December 1, 2012. a net Over the past 18 months, American workers had high expectations for the booming economy of the 1990s, hoping that it signaled a real opportunity to return to the social contract of the postwar years, and expand it to women and minorities. Eckhart Grohmann is 86 years old and was born on 06/29/1936. [37] Grohmann, interview, November 28, 2012.; the impact of German ethnic identity on Milwaukee culture is further discussed in Theodore Mueller, Milwaukees German Cultural Heritage, in Milwaukee History 10, no. We know that Eckhart is married at this point. Gert maintains relationships with many people -- family, friends, associates, & neighbors -- including Christine Grohmann, Eckhart Grohmann, Thomas Grohmann, Carole Grohmann and Cathy Haman. [55] Moreover, as the cost of iron casting steadily increased, more and more manufacturers were turning to lighter and cheaper aluminum castings, allowing ACE/CO to secure a greater piece of the lucrative automotive parts industry, producing parts for major corporations like General Motors, Chrysler, and Caterpillar. [89] Hagen, Milwaukee Journal, December 19, 1981, 1-2. [41] Grohmann, interview, November 28, 2012. ACE/CO had indeed dropped the flat across-the-board annual wage increase, but did so in favor of a merit pay system that he argued had better rewarded hard work. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. [57], In a 2008 interview with the Wall Street Journal, Grohmann claimed that he never lost his respect for hard labor, noting that he sympathized with workers as he himself had gone out to the shop floor and poured castings on a ninety-degree day.[58] However, by the late 1980s and early 1990s, his relationship with his over four hundred workers quickly deteriorated in disputes over working conditions, wages, and benefits. His fame and wealth come from TV shows and movies where he has been performing for many years now. [50] Stafford, Milwaukee Sentinel, January 12, 1976, part 2, 9; Bluestone and Harrison, 6. [4] Winson Chu, The Geography of Germanness: Recentering German History in Interwar Poland, in Bulletin of the German Historical Institute 42 (Spring 2008): 95; Chu, Volksgemeinschaften Unter Sich: German Minorities and Regionalism in Poland, 1918-39, in German History from the Margins, ed. 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. This bred growing resentment and political tension in Eastern Europe in the interwar period. 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. Orion Energy Systems Inc (OESX)'s detailed insider trading history can be found in Insider Trading Tracker table. You might contact Eckhart G Grohmann via mailing address: Aluminum Casting & Engineering Co., 2039 South Lenox Street, Milwaukee Wi 53207-1209. [20], As the Soviets overwhelmed the German army and the front inched ever nearer to the German homeland by early 1945, however, Germanys defeat in the Second World War became more and more certain. With the advantages of an intricate river network, a natural harbor on Lake Michigan, and its role as regional railroad hub, Milwaukee quickly grew into a powerhouse for many different industries, including steel, tanning, meatpacking, and brewing. [28], Considering Canada and Australia as possible destinations away from Cold War Europe, Grohmann decided to put his Volkswagen on a ship and migrate to the United States, arriving in New York on July 4, 1962, as a twenty-six-year-old adventurer seeking, as he says, an executive position in an American corporation, and eventually an enterprise of his own. [14] Alexander B. Rossino, Hitler Strikes Poland: Blitzkrieg, Ideology, and Atrocity (Lawrence, KS: University of Kansas Press, 2003); Ulrich Herbert, Labour and Extermination: Economic Interest and the Primacy of Weltanschauung in National Socialism, Past and Present, no. Grohmann was already a member of the entrepreneurial class in Germany. [78] Central Control Alarm had certainly proved a profitable venture, though, having built a sizeable subscriber base of fifteen thousand customers, largely in Milwaukee, Madison, and Appleton, by the time it sold its assets and operations to Chicago-based Ameritech in May 1997. The bitterness and resentment towards the Allied Powers, Communists, and Jews over their alleged contributions to the stabbing of Germany in the back in the peace settlements following the First World War became manifest in Hitlers rise to power in 1933, and in the subsequent installation of the totalitarian Nazi regime. The most active insiders traders include Kenneth M Young, John H Scribante et Scott A. 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. Milwaukee, WI, is where Eckhart Grohmann lives today. [46] Gurda, 377-379; Mark V. Levine, The Economic State of Milwaukees Inner City, 1970-2000 (Milwaukee: University of Wisconsin-Milwaukee Center for Economic Development, 2002), 6-45; Thomas J. Sugrue, The Origins of the Urban Crisis: Race and Inequality in Postwar Detroit (Princeton and Oxford: Princeton University Press, 1996); Steve May and Laura Morrison, Making Sense of Restructuring: Narratives of Accommodation Among Downsized Workers, in Beyond the Ruins: The Meanings of Deindustrialization, ed. The corporation was created through a merger of the operations of Central Watch, Incorporated and Johnson Control Central Station of Milwaukee, Incorporateda subsidiary of Johnson Controlsheaded by Grohmann, Robert W. Shirley, and R. Roy Longworth. Check Background Get Contact Info This Is Me - Edit Reputation & Background View All Public Private [80] Rick Romell, Honeywell Buying Brookfield Medical Device Maker, Milwaukee Journal Sentinel, November 22, 2004. [101] The Grohmann Museum might thus be called a vanity museum, a Wall Street Journal reviewer noted. Q: Can you tell us about the work by Ludwig Knaus that you lent to Milwaukee Collects? And they loved me, too. On the heels of the German invasion and quick defeat of Poland in September 1939 were the Einsatzgruppen and several units of the German Order Police that composed an extermination force targeting Jews and Communists throughout the region and facilitating the expansion and intensification of the Nazi concentration camp system. The Milwaukee Journal Sentinel explained, [HomMed] sells and leases a device, invented by Peddicord, that allows doctors and nurses to monitor patients vital signs from their homes. In summary, during the past 3 months, insiders sold 0 shares of Orion Energy Systems Inc (OESX) in total and bought 2,500 shares, with a net 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. [86] However, as their wealth grew, they were able to upgrade to larger homes on Newton Street in 1967, then on Lake Drive in 1970, moving into the home of Caroles mother, Irma Weisel, after her death. *FREE* shipping on qualifying offers. [104] Campaign Finance Database, Eckhart Grohmann, Wisconsin Democracy Campaign, (accessed February 12, 2013). 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. However, he did make small donations to the campaigns of several state and local Republican candidates over the last couple of decades, as well as to the Wisconsin Committee to Elect a Republican Senate, to a total amount of $2,500. [67] Milwaukee Journal Sentinel, January 7, 1995, News section, 8. by Neil Gregor, Nils Roemer, and Mark Roseman (Bloomington and Indianapolis: Indiana University Press, 2006), 104-106. Eckhart's mailing address filed with the SEC is ALUMINUM CASTING & ENG., CO.,, 2039 S. LENOX ST., MILWAUKEE, WI, 53207-1209. In his introduction to the catalogue of artworks that make up the Milwaukee School of Engineerings Man at Work collection bearing his name, Eckhart G. Grohmann (born June 29, 1936 in Breslau, Silesia, Germany) declares, Each of us is the product of our birth and the environment in which we grow up.[1] While perhaps a bit clich, this notion astutely captures Grohmanns experience and success as a German immigrant entrepreneur in the United States in the latter half of the twentieth and early twenty-first centuries. Last updated: 16 June 2019 at 12:23am EST. Even though aluminum production and jobbing continued to thrive through the latter half of the century, Grohmann was attempting to establish and grow a successful business in the midst of a time of massive social and economic restructuring in the United States, which scholars have characterized as the beginning of the post-Fordist, post-industrial, or post-modern era. [7] Mary Louise Schumacher, A Working Tribute, Review, Milwaukee Journal Sentinel, October 25, 2007, E1; Grohmann, interview, November 28, 2012. no insider transaction in Orion Energy Systems Inc (OESX). In 2000, the work came up at a Sothebys auction, and I realized that was my Dance Under the Linden Tree [a work by Knaus in the Museums collection], and I had to buy it. [71] Grohmann Museum, The Collector: Dr. Eckhart Grohmann, Collector and Donor, Grohmann Museum, Milwaukee School of Engineering, (accessed February 12, 2013). MEQUON SERVICES LLC is a Wisconsin Domestic Limited-Liability Company filed on September 6, 2016. [47] Discussed as a transition made by United States industrialists in Bluestone and Harrison, 7. [83] Grohmann, interview, November 28, 2012. The company's filing status is listed as Merged (Non-Survivor) and its File Number is 1B09704. [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. Provides CEO, CFO, Director and Chief Executives trade reports, independent equity research, and stock screening. Although well steeped in the workings of business administration, Grohmann was not experienced in the operation and management of an aluminum foundry. . (Milwaukee: Milwaukee County Historical Society, 2006), 119-123, 167. ; Roger A. Stafford, Aceco Plans for Turn, Know Wisconsin Industry, Milwaukee Sentinel, January 12, 1976, part 2, 9; Mary Louise Schumacher, A Working Tribute, Review, Milwaukee Journal Sentinel, October 25, 2007, E1. Full Summary [38] Stafford, Milwaukee Sentinel, January 12, 1976, part 2, 9; Aluminum Association, Aluminum Statistical Review, 1979 (Washington, DC: Aluminum Association, 1979), 12, 28. Eckhart G Grohmann Net Worth What's Eckhart Grohmann's mailing address? [6] To be sure, the W. Thust works steadfast success was a remarkable feat in the midst of the economic and political turmoil of interwar Germany. This project is sponsored by the Transatlantic Program of the Government of the Federal Republic of Germany through funds of the European Recovery Program (ERP) of the Federal Ministry of Economics and Technology. It was gifted to MSOE in 2001 by Milwaukee businessman and collector Dr. Eckhart Grohmann. After a long court battle, this fine was eventually cut down to a $3,500 settlement ($5,150 in 2010 USD) that downgraded ACE/COs violations to OSHAs less critical serious category. By the turn of the twenty-first century, Grohmann had not only proven to be a strong and ambitious business leader, having had controlling interests in a variety of enterprises from aluminum casting and founding to sausage making and business alarms, but had also become a significant booster of private higher education in Milwaukee. The bulk of their quarrying business and their family farm was located in eastern Germany, which had been lost in the redrawing of political boundaries, the expulsion of ethnic Germans from Polish and Czechoslovakian territories, and the polarization of East and West Germany in the onset of the Cold War. Sometimes Eckhart goes by various nicknames including Eckhar Grohmann, Eckhardt Grohmann and Eckhart G Grohmann. [13] Hitler and the Nazis viewed the fertile and resource-rich territories to the east, especially Poland and Russia, as the ideal area to achieve their goal of Lebensraum, or living space, for the new German Reich. That is, half of households in the United States have more net worth, and half less - average is . He settled in Milwaukee, Wisconsina city known for the names of its German industries and its German cultural heritageand gained immediate entry into the citys well-established business and social networks. His debut book, 'The Power of Now,' is his most well-known work. Margo Anderson and Victor Greene (Urbana: University of Illinois Press, 2009), 124. Four-story academic building to be funded by largest alumni gift in school history. [29] His path to business success in the United States was facilitated with the passage of the 1952 McCarran-Walter Act that gave preference to highly skilled immigrants for entryespecially industrialists, exempting many of them from the quota system. Home to the world's most comprehensive art collection dedicated to the evolution of human work. These combined factors certainly provided Grohmann with the entrepreneurial and cultural knowledge and background that permitted his rather immediate entry into American business and social networks that surely aided his fairly quick rise to success. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. [35] As Anke Ortlepp notes, however, German immigrants made up a dominant portion of the city as the percentage of people with German background remained well over half the citys population through the early twentieth century. But it's a vanity museum out to make the point that work is noble and dignified, a conviction reinforced by its location on the campus of the Milwaukee School of Engineering, rather than along some tourist trail.[102], Grohmanns museum endeavor became the center of some controversy shortly after it opened, though, as it was realized that it had artworks depicting Nazi building and engineering projects in its permanent display. of 4,452 shares. S&P 500 Aggregate Buffett-Munger Screener Industry Overview Undervalued Predictable Benjamin Graham Net-Net 52-week/3Y/5Y Lows 52-week/3Y/5Y Highs Magic Formula (Greenblatt) . [77] Milwaukee Journal, September 3, 1981, part 2, 14. Past performance is a poor indicator of future performance. [68] Grohmann contends that these charges were only half of the story. [59] Robert H. Zieger and Gilbert J. Gall, American Workers, American Unions: The Twentieth Century, 3rd ed. This investment adviser does not provide advice to individual investors. 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