Berkshire Hathaway Inc., a global holding company, operates across diverse sectors including insurance, freight rail transportation, and utilities. Through its subsidiaries, the company provides a wide array of insurance and reinsurance coverages, encompassing property, casualty, life, accident, and health. In North America, Berkshire Hathaway operates extensive railroad systems, crucial for freight transportation. Furthermore, the company is a significant player in the utilities sector, involved in electricity generation, transmission, and distribution from various sources like natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal. Berkshire Hathaway also manages natural gas facilities, pipelines, and storage, alongside interests in coal mining.
Beyond these core sectors, Berkshire Hathaway’s manufacturing operations are substantial and varied. They produce everything from boxed chocolates and confectionery to specialty chemicals and metal cutting tools. The company manufactures components for aerospace and power generation, flooring, insulation, roofing, engineered products, building components, paints, coatings, bricks, and masonry. Berkshire Hathaway is also involved in manufactured and site-built home construction, complemented by lending and financial services.
The company’s consumer-facing businesses are equally diverse, spanning recreational vehicles, apparel, footwear, jewelry, and custom picture framing. Berkshire Hathaway produces alkaline batteries and a range of industrial components including castings, forgings, fasteners, aerostructures, and precision components, as well as cobalt, nickel, and titanium alloys. Its distribution network includes televisions, information services, electronic components, and logistics. Berkshire Hathaway franchises and services quick-service restaurants, offers grocery and foodservice distribution, and provides professional aviation training and shared aircraft ownership programs.
In the retail sector, Berkshire Hathaway operates automobile dealerships and furniture stores, offering bedding, accessories, household appliances, electronics, computers, jewelry, watches, crystal, china, stemware, flatware, gifts, collectibles, kitchenware, and motorcycle apparel and equipment. Originally incorporated in 1998, Berkshire Hathaway is headquartered in Omaha, Nebraska.