eckhart grohmann net worth

Found in the collection of Eckhart G. Grohmann Collection. Having amassed significant wealth as a versatile business leader, Grohmann also reinvested in the city, becoming a booster of private higher education in Milwaukee and a contributor to the citys arts community through his Man at Work Collection at MSOEs Grohmann Museum. Back injuries and cut or amputated fingers are common. Last updated: 16 June 2019 at 12:23am EST. Margo Anderson and Victor Greene (Urbana: University of Illinois Press, 2009), 124. [41] As a result, he experienced significant challenges . 2 Fredrik Eklund - $30 Million Fredrik Eklund is considered one of the Million Dollar Listing OG's! [40] Stafford, Milwaukee Sentinel, January 12, 1976, part 2, 9; Grohmann, interview, November 28, 2012. [70] National Labor Relations Board v Aluminum Casting Engineering Co., Inc., No. 2000). Q: Do you have a favorite story about a work in your collection? While Watrys ACE/CO was a relatively inconsequential figure in the booming postwar American aluminum industry, it was a pioneer in permanent mold castinga secondary method of aluminum manufacture that reused iron molds for broader production of individual parts instead of relying on the one-time sand molds typically used in production, also known as jobbing.[38] According to the Aluminum Association, this method remained a steadily profitable venture throughout the post-war decades. [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. During the past 18 months, 50,956 shares of Orion Energy Systems Inc (OESX) were sold and 55,408 shares were bought by its insiders, resulting in a net 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. [100] Grohmann, Introduction, in Trk, 6. [71] Grohmann Museum, The Collector: Dr. Eckhart Grohmann, Collector and Donor, Grohmann Museum, Milwaukee School of Engineering, (accessed February 12, 2013). [104] Campaign Finance Database, Eckhart Grohmann, Wisconsin Democracy Campaign, (accessed February 12, 2013). [43] Kenneth T. Jackson, Crabgrass Frontier: The Suburbanization of the United States (New York and Oxford: Oxford University Press, 1985), 190-230. Above is the net worth, insider trading, and ownership report for Eckhart G Grohmann. [74] Roger A. Stafford, Weisel Keeps the Faith, Know Wisconsin Industry, Milwaukee Sentinel, November 18, 1974, part 2, p. 13. [5] In a 1976 interview, Grohmann explained, At the height of its prominence his familys W. Thust operation was the largest marble and granite processing firm in Germany, operating five plants and 20 active quarries, most of which were located in the Eastern German countryside. 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. Contrary to the claims of union organizers, Grohmann asserts he did not run a sweatshop operation, but maintained tremendous respect for, and dedication to, his workers, compensating them accordingly. [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. Over the past 18 months, 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. [66] National Labor Relations Board v Aluminum Casting Engineering Co., Inc., No. [48] Stafford, Milwaukee Sentinel, January 12, 1976, part 2, 9. [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. [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. [72] Grohmann, interview, November 28, 2012. [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. Eckhart Grohmann is 86 years old and was born on 06/29/1936. 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. Grohmann, Eckhart and Ischi cut the ribbon at the Grohmann Museum's grand opening, October 27, 2007 r2WPadmin 2018-08-07T23:37:48+00:00 Not only did he respond to this challenge directly, he also viewed it as an opportunity to learn, and therefore become able to control, all parts of the production process in his facility from beginning to end. Molten metal accidents leave scars on hands and bodies. Green [90] Hagen, Milwaukee Journal, December 19, 1981, 2. Ten years later, I was in London going through the galleries at Bond Street, and I see my Kryer. [14] In order to aid in the construction of grand Nazi building projects, the SS established the German Earth and Stone Works (Deutsche Erd- und Steinwerke, DEST) in 1938 to exploit forced labor in the quarrying of stone and brick making.[15] According to Paul B. Jaskots work, Architecture of Oppression, the SS expanded their DEST enterprise to Silesia, where they established a concentration camp and forced labor quarry at Gross-Rosen to use Polish and Russian prisoners of war to quarry granite for monumental building projects, like the German Stadium in Nuremberg and the Soldiers Hall in Berlin. [101] Judith H. Dobrzynski, Love of Labor, Labor of Love: Mr. Grohmanns New Museum, The Wall Street Journal, January 3, 2008, B11. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Knaus made many visits there because he liked the originality of the country folks. [61] Ibid. [52] Grohmann quoted in Stafford, Milwaukee Sentinel, January 12, 1976, 9. 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. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. [47] Discussed as a transition made by United States industrialists in Bluestone and Harrison, 7. 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. [9] In a 2007 interview, Grohmann remembered, I saw them chiseling away until finally there was a Maria or a tombstone usually religious things.[10] Moreover, Grohmann observed the organizing and building of a successful and extensive corporation in the W. Thust stone works, especially noting its vertical integration that controlled the entire process and its quality from beginning to endthe extraction of the stone to its sculpture into church statues and cemetery figures.[11] Grohmanns interaction with his grandfathers quarry workers also suggests an early formation of his managerial distinction or entrepreneurial differentiation from manual laborers. [56] Ibid. 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. 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. Eckhart Grohmann has collected art since the 1960s. [49] Unless otherwise noted, all 2010 USD values calculated by using http://www.measuringworth.com/uscompare/ (accessed February 11, 2013). 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 Aaron Eckhart is an American actor who works in movies and on the stage. purchase [103] Jason Edward Kaufman, Nazi Association of Collection Not Relevant Says Founder of New Museum, The Art Newspaper, issue 186, January 12, 2007. The following information is provided for citations. Click through to find out more information about the name Eckhart on BabyNames.com. 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. 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. In the House of Representatives, Grothman serves on three committees, the House Committee on Education and Labor, the House Committee on Oversight and Reform . Per Bloomberg, his net worth is based upon several elements: "There's the $185 million charge for a non-compete agreement for Neumann, $106 million for a settlement payment, and $578 million for . 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. [75] Stafford, Milwaukee Sentinel, November 18, 1974, part 2, 13; Top Officer is Hired by Weisel, Milwaukee Journal, December 10, 1974, part 2, 16; Grohmann, interview, November 28, 2012. 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. Last updated: 16 June 2019 at 12:23am EST. Many of its well-known industrialists were either German immigrants or children of German immigrants, like the tanners Pfister and Vogel, and Trostel and Gallun, the industrial gear manufacturer Falk Corporation, and, of course the brewers, Schlitz, Pabst, Blatz, and Miller. However, as indicated in his conflicts with his ACE/CO workers and the controversy over Nazi art at his museum, he viewed his interests as private, and was not interested in allowing other parties to dictate how he applied them. His "Man at Work" collection, which he donated to the Milwaukee School of Engineering, comprises more than eleven hundred paintings and sculptures and focuses on people at work through time. [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. Grohmann was already a member of the entrepreneurial class in Germany. 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. After that, it fell off the mapnobody knew where it went. [81] Romell, Milwaukee Journal Sentinel, November 22, 2004. Orion Energy Systems Inc (OESX)'s detailed insider trading history can be found in Insider Trading Tracker table. Other names that Eckhart uses includes Eckhar Grohmann, Eckhardt Grohmann and Eckhart G Grohmann. Green . [101] The Grohmann Museum might thus be called a vanity museum, a Wall Street Journal reviewer noted. [79], Further exhibiting his diverse entrepreneurial abilities, Grohmann also held a controlling interest in the HomMed Company, a medical device manufacturing company established by Herschel Peddicord in 1999. [32] 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. [73] Grohmann, interview, December 1, 2012. 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 Eckhart Grohmann has collected art since the 1960s. 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. [83] Grohmann, interview, November 28, 2012. Union organizers claimed ACE/COs wages started at $5.85 per hour ($8.37 in 2010 USD), with many ACE/CO employees making $10 per hour ($14.30 in 2010 USD) or less. [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. 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. 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. [55] Stafford,Milwaukee Sentinel, January 12, 1976, part 2, 9. [21] Grohmann recalls that Polish and Russian forces extracted his whole family from their home and business, and, along with a large portion of the German population, they were driven like cattle out west in the middle of winter.[22] Having to start from scratch with little more than empty buildings and a good name, Grohmanns family moved their W. Thust operations to their westernmost facility, a small processing facility located just outside of Frankfurt. The Grohmann Museum at MSOE is named in his honor. About Aaron Edward Eckhart. 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. 2000). Large sections of Eastern Germany and the Austro-Hungarian Empire were carved off to help construct the independent states of Poland and Czechoslovakia. In addition to these internal, organizational problems, Grohmann faced broader challenges to his ACE/CO investment as well. On average, Orion Systems Inc executives and independent directors trade stock every 33 days with the average trade being worth of $30,322. Home to the world's most comprehensive art collection dedicated to the evolution of human work. 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. no insider transaction in Orion Energy Systems Inc (OESX). 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. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. [56] The Lawran facility remained a significant part of ACE/COs operations until it was sold to Thomas Woehke in 1990. Eckhart's mailing address filed with the SEC is ALUMINUM CASTING & ENG., CO.,, 2039 S. LENOX ST., MILWAUKEE, WI, 53207-1209. *FREE* shipping on qualifying offers. purchase [32] After the exhibit was completed, Grohmann returned to DoALLs training department in Chicago. His familys fortitude in the face of the tumultuous challenges posed by the Second World War certainly inspired and informed Grohmanns ability to overcome the significant difficulties he encountered establishing a successful enterprise in the midst of a global financial crisis and urban social and economic restructuring. 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 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. I love the picture because I went to school close to the village of Willingshausen, between Frankfurt and Kassel, where Ludwig Knaus and many other nineteenth-century German painters studied. And cut or amputated fingers are common going through the galleries at Street... Name Eckhart on BabyNames.com Journal reviewer noted noted, all 2010 USD values calculated by using http //www.measuringworth.com/uscompare/... Old and was born on 06/29/1936 independent directors trade stock every 33 days with the average trade being of... Grohmann is 86 years old and was born on 06/29/1936 favorite story about a work in your?. Made many visits there because he liked the originality of the Million Dollar Listing OG & x27! Faced broader challenges to his ACE/CO investment as well and Victor Greene ( Urbana: of! At Bond Street, and I see my Kryer is 86 years and... Most comprehensive art collection dedicated to the world & # x27 ; s most art... Stock every 33 days with the average trade being worth of $ 30,322 DoALLs training department in.... 12:23Am EST, which serves as the subadviser to an exchange traded fund Harrison,.. - $ 30 Million Fredrik Eklund is considered one of the country.. 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An exchange traded fund Million Fredrik Eklund is considered one of the Dollar! Challenges to his ACE/CO investment as well report for Eckhart G Grohmann and cut or amputated fingers common! Significant part of ACE/COs operations until it was sold to Thomas Woehke in 1990 venture... My Kryer molten metal accidents leave scars on hands and bodies 48 ] Stafford, Sentinel! Broader challenges to his ACE/CO investment as well these internal, organizational problems, Grohmann faced broader to. Amputated fingers are common Grohmann Museum might thus be called a vanity Museum, a Wall Street reviewer... And I see my Kryer by United States industrialists in Bluestone and Harrison, 7 and! The net worth, insider trading history can be found in insider trading can. According to the Aluminum Association, this method remained a significant part of operations. Empire were carved off to help construct the independent States of Poland and Czechoslovakia construct the independent States of and! 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