by CIO Staff

The Goldman Industrial Group Holding Company

Oct 15, 20011 min
Enterprise Architecture

In Springfield, Vt., Mark Swift is group president and Jack Lowry is vice president of IT for four Goldman companies?Bryant Grinder, Fellows, J&L Metrology and Jones & Lamson. In 1888, Jones & Lamson set up shop in Springfield followed by Fellows in 1896, Bryant Grinder in 1909 and J&L Metrology in 1919.

The companies fit snuggly near the bottom of the automotive supply chain. Tier one and tier two automotive manufacturers?the companies that make major components for the big automakers?buy Goldman’s machines and use them to shape, grind and cut pieces for transmissions and other under-the-hood parts.

One could describe Goldman’s fortune as slumping if it hadn’t been that way for nearly 30 years. The four Vermont companies have a combined workforce of 300, down from 15,000 employees in the early ’70s. In Springfield, the landscape offers reminders of Goldman’s past prowess. Visitors pass several abandoned Fellows and Bryant Grinder buildings on their way to the companies’ headquarters.