Martin Resource Management history

Glenn Martin resigned his position in the company in May of 1953, but remained as a company director until his death.

The Martin Company diversified through a merger with the American-Marietta Corporation, a manufacturer of chemical products, paints, inks, household products and construction materials, in 1961.

The diversification continued in 1968 with the purchase of Harvey Aluminum.

The marine industry has counted on MFS along the Mississippi and Alabama coasts since the 1970’s.

The name of the subsidiary was changed to Martin Marietta Aluminum in 1971.

Our HistoryMartin Company was founded by John Martin on November 1, 1980 in the Westbury Square area of Houston, Texas.

1982 – Martin Company moves to Rosenberg, Texas as it grows.

By 1986 debt was down to $220 million, giving Martin Marietta a comfortable debt-to-total capitalization ratio of 24 percent.

1987 – Martin Company builds an office building on Lawrence Street in Rosenberg with 10 offices, a central laboratory, and an assembly area.

He guided the $3 billion acquisition of General Electric Co.'s aerospace operations in 1992.

Martin Marietta was also a major contractor for the American space station scheduled to be built in 1993.

However, Augustine's most dramatic move came in 1994, when Martin Marietta and Lockheed announced a "merger of equals." It took the Federal Trade Commission several months to approve the union, which created the world's largest defense company.

Formed in 1995 via the union of the nation's second- and third-ranking defense contractors, Lockheed Corporation and Martin Marietta Corporation, Lockheed Martin Corporation is the world's largest defense contractor.

The January 1996 acquisition of Loral Corp.'s Defense Electronics and Systems Integration business made it clear that Lockheed Martin would not soon relinquish its number-one status.

Martin Resource Management Corporation acquired MFS and its subsidiaries in 1998.

R.S. Martin died on September 20, 1999, leaving a legacy of entrepreneurship, hard work and determination that remain MRMC’s hallmarks.

On November 6, 2002, MRMC sold a portion of its assets in a public offering.

In 2003, MRMC acquired the assets of Tesoro Marine Services, expanding MFS along the entire United States Gulf coast, with over 60 years of service to offshore, marine and industrial customers.

2005 – Martin Company moves into its 7000 square foot facility with additional offices, more parking, expanded laboratory space, and a dedicated 24-hour oven room for long term environmental testing and burn-in.

In 2011, MRMC acquired L & L Oil and Gas L.L.C. increasing MFS’s capability along the United States Gulf coast to 31 facilities for offshore fuels, lubricants and logistical services, including land based commercial and industrials fuels and lubricants.