Items marked by the "Sonnax Industries Inc" tag:

Sonnax Industries Inc, a producer of gearbox components, was acquired in early April of 2018 by Marmon Holdings, Inc, an affiliated company of Warren Buffett’s enterprise, Berkshire Hathaway. Sonnax was an employee-owned company, whose employee stock ownership plan (ESOP) was taken to court by the US Department of Labor (DOL) for alleged violations in the procedure of share sale.