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American-Marietta Corporation

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The American-Marietta Corporation was an American industrial conglomerate based in Chicago, Illinois , with numerous subsidiary companies across the Continental United States . It specialized in construction materials and industrial chemicals such as synthetic resins, adhesives, paints, and varnishes and was a former constituent of the Fortune 500 .

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12-544: It was originally founded in 1913 as the American Asphalt Paint Company by Grover M. Hermann of Callicoon, New York , and his business partner Charles Phelan, who was killed in an automobile accident in 1931. In 1940, the company merged with the Marietta Paint and Color Company of Marietta, Ohio , to become American-Marietta , with Hermann as president and director. The company entered

24-445: A household in the town was $ 38,811, and the median income for a family was $ 46,645. Males had a median income of $ 34,524 versus $ 24,185 for females. The per capita income for the town was $ 19,272. About 6.8% of families and 10.5% of the population were below the poverty line , including 11.3% of those under age 18 and 6.1% of those age 65 or over. Although it bears the same name, the census-designated place and hamlet of Callicoon

36-476: A sector's average income and compare the wealth of different populations. Per capita income is also often used to measure a country's standard of living . When used to compare income levels of different countries, it is usually expressed using a commonly used international currency, such as the euro or United States dollar . It is one of the three components of the Human Development Index of

48-522: Is not in this town, but in the neighboring Town of Delaware . Per capita income Per capita income ( PCI ) or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. In many countries, per capita income is determined using regular population surveys, such as the American Community Survey . This allows the calculation of per capita income for both

60-690: Is said to signify "turkey" in both Dutch and Choctaw. The Dutch word for turkey is kalkoen. Although the Choctaw have a word for turkey, cholokloha , the people did not occupy territory anywhere near here, but traditionally lived in the Deep South. They were known as one of the Five Civilized Tribes there before their removal to Indian Territory in the 1830s. According to the United States Census Bureau ,

72-688: The Fortune 500 in 1955 at #257. By 1960, the company's total income was $ 372 million and had reached #137. At 70, Grover Hermann sought to retire. After negotiations in 1960 with George M. Bunker, chairman of the Glenn L. Martin Company , an agreement was made to merge American-Marietta with Martin. The two companies formally merged in October 1961 to form Martin Marietta , with Hermann becoming Chairman of

84-695: The Board of the new company until his retirement in 1975. He died in 1979. In 1995 Martin Marietta went on to merge with Lockheed Corporation to form Lockheed Martin . In 1959, American-Marietta acquired Superior Stone, an aggregates company founded in Raleigh, North Carolina . After the merger with Martin, the aggregates division continued as Martin Marietta Materials, Inc. . In 1996, following Martin's merger with Lockheed, Martin Marietta Inc.

96-459: The country as a whole and specific regions or demographic groups. However, comparing per capita income across different countries is often difficult, since methodologies, definitions and data quality can vary greatly. Since the 1990s, the OECD has conducted regular surveys among its 38 member countries using a standardized methodology and set of questions. Per capita income is often used to measure

108-478: The town has a total area of 49.0 square miles (126.9 km ), of which 48.7 square miles (126.0 km ) is land and 0.3 square mile (0.9 km ) (0.69%) is water. As of the census of 2010, there were 3,057 people, 1,288 households, and 822 families residing in the town. The population density was 62.7 inhabitants per square mile (24.2/km ). There were 90 housing units at an average density of 36.9 per square mile (14.2/km ). The racial makeup of

120-555: The town was 95.81% White , 0.75% Black or African American , 0.20% Native American , 0.69% Asian , 1.15% from other races , and 1.41% from two or more races. Hispanic or Latino of any race were 4.55% of the population. There were 1,288 households, out of which 24.8% had children under the age of 18 living with them, 49.3% were married couples living together, 10.0% had a female householder with no husband present, and 36.2% were non-families. Of all households, 29.3% were made up of individuals, and 13.7% had someone living alone who

132-449: Was 65 years of age or older. The average household size was 2.30 and the average family size was 2.82. In the town, the population was spread out, with 23.1% under the age of 18, 6.5% from 18 to 24, 25.1% from 25 to 44, 27.3% from 45 to 64, and 18.1% who were 65 years of age or older. The median age was 42 years. For every 100 females, there were 94.5 males. For every 100 females age 18 and over, there were 92.3 males. The median income for

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144-533: Was spun off as a wholly independent company currently trading as Martin Marietta Materials . Callicoon, New York Callicoon is a town in Sullivan County, New York , United States. The population was 2,989 at the 2020 census . The town is in the northwestern part of the county. The town was formed in 1842 from the Town of Liberty . The original spelling of the name was "Collikoon." This name

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