Forest Riverįorest River is a manufacturer of many different kinds of vehicles. The company has more than 1,800 instructors teaching more than 4,000 courses, serving customers in more than 160 countries around the world. FlightSafety InternationalįlightSafety supplies high-tech pilot training to aircraft operators in the military, government and commercial airlines. The company has been in operation for over 175 years and is still going strong, working with many local public safety agencies across the United States. Think military personnel, law enforcement officers, firefighters and more. The Fechheimer company produces uniforms for public safety workers. Now, it has more than 2,700 employees and over $2 billion in revenue. The company was founded in 1924 as the PR Mallory company, named for its founder Phillip Mallory, but rebranded as the company grew. “I have always been impressed by Duracell, as a consumer and as a long-term investor in Procter & Gamble and Gillette,” Buffett said in a news release. Duracellĭuracell is best known for its batteries for small electronics, but the company also makes home power systems. Warren Buffett famously loves junk food, so the Dairy Queen acquisition was a good fit for his sweet tooth. Dairy QueenĪ global chain, Dairy Queen is most famous for the "Blizzard," an ice cream concoction that's supposedly so thick you can hang it upside down and it won't drop out of the cup. Offices use the rental company to upgrade their furniture without the hassle of inventory, and homeowners use it for staging (that is, to make their homes look good when it's time to sell).īerkshire Hathaway bought the company for a reported $467 million. CORT Business ServicesĬORT is an office and home furniture rental company, helping furnish offices and homes around the United States. Now, the company is expanding its low-priced property division. You might get both a home and a record-low mortgage rate through one-stop shopping.Īfter initial success, Clayton went public with over $1 billion in revenues. He touted the importance of freight travel in a statement, saying: “Our country’s future prosperity depends on its having an efficient and well-maintained rail system.” Clayton HomesĬlayton Homes builds modular homes in the U.S. The company was founded in 1995 through a merger of the Atchison, Topeka and Santa Fe Railway and the Burlington North Railroad, becoming the "Burlington Northern and Santa Fe" (BNSF) Railway.īuffett's acquisition cost a reported $34 billion. The Fed has reportedly bought some BNSF bonds as part of its wide-ranging strategy to push interest rates down and pull the economy out of its coronavirus recession. The company has more than 42,000 employees and operates over 32,000 miles of track in 28 states. ![]() The BNSF Railway Company is the largest freight railroad network in North America. ![]() Headquartered in Seattle and founded in 1914, the company now sells its products in more than 60 countries around the world and has more than 1,000 employees.Īfter applying for bankruptcy protection in 1981, the company turned its fortunes around and became one of the most successful niche brands in the running shoe market. Brooks Sportsīrooks Sports makes high-performance apparel for athletes. Known as simply "Borsheims," this jewelry story has been in operation since 1870 in Omaha, Nebraska - Warren Buffett's hometown.īuffett famously holds shareholder-only events at the store after-hours, helping it grow in mystique since Buffett acquired a controlling stake in 1989. The dealerships are a good fit with another Buffett business we'll get to shortly - one of America's top car insurance companies. In a statement, Buffett said the acquisition gave him "the ideal platform with which to build an auto dealership business that will be thriving and growing 50 and 100 years from now. After the acquisition, Van Tuyl was rebranded. Invest Now Berkshire Hathaway Automotiveīerkshire Hathaway Automotive was founded in 2015 when Berkshire Hathaway completed the acquisition of Van Tuyl Group, a company that owned more than 80 car dealerships in 10 different states. Now a platform called Vinovest helps everyday buyers invest in fine wines - no sommelier certification required. Fine wine is a sweet comfort in any situation - and now it can make your investment portfolio a little more comfortable, too.
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