MiTek at 25: Berkshire Quietly Unwound Its Mini-Berkshire cover

MiTek at 25: Berkshire Quietly Unwound Its Mini-Berkshire

Published in Subsidiaries / Manufacturing
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Buffett watched a truss-plate maker buy its way into nuclear air-conditioning, curtain walls and battery machinery, and called it a mini-Berkshire. Twenty years later its industrial side-bets sit inside sister subsidiary Marmon or outside Berkshire altogether, and what remains answers to one brand. Berkshire's promise never to sell covers what Omaha buys, not what its subsidiaries buy.