# MacLean-Fogg Company

MacLean-Fogg Company is a Pension Fund based in Mundelein, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Mundelein, United States
- **Region:** North America
- **Address:** Mundelein, IL, United States
- **Founded:** 1959
- **Assets under management:** $194M (Altss estimate)
- **Website:** macleanfogg.com
- **LinkedIn:** https://www.linkedin.com/company/maclean-fogg

## Regulatory record

- **Reports private funds:** No

## About

The MacLean-Fogg Company Profit Sharing and Savings Plan was established in 1959 as a defined-contribution plan for the workforce of the MacLean-Fogg manufacturing enterprise. The underlying company, founded in 1925 and headquartered in Mundelein, Illinois, supplies mechanical fasteners and engineered components to automotive, heavy-truck, and electrical markets. Ownership and governance rest with the MacLean family — Chairman Barry MacLean, President and CEO Duncan MacLean, and Executive VP Gillian MacLean Growdon, who also heads the family office. The plan allocates across buyout strategies, with the firm’s industrial operating base informing a tangible-asset and manufacturing tilt. MacLean-Fogg operates facilities in Illinois, New York, Michigan, and Arizona — notably the OMCO Solar plant in Phoenix, which produces solar mounting systems, positioning the entity inside the energy-transition supply chain. The company added metal-additive-manufacturing capability at its Sterling Heights, Michigan facility, reflecting a posture toward advanced production technologies. The sponsorship of the MacLean Family Foundation adds a philanthropic dimension, focusing on cultural and educational causes, including the MacLean Collection museum and map library in Mundelein. May 2024: Duncan MacLean continued to lead the company as President and CEO, maintaining family control over the strategic direction of both the industrial and pension operations. MacLean-Fogg’s structural distinction lies in being a hybrid: a manufacturing operating company with an affiliated, self-managed pension plan that invests in private equity while the family retains control of both the industrial assets and the retirement vehicle. This architecture — operating company as sponsor, family as fiduciary — is uncommon among mid-market US manufacturers and gives the pension plan a direct line of sight into hard-asset and industrial-tech investment opportunities that a standalone fund would need to source externally.

## Sectors

- Industrial Tech
- Energy Transition & Renewables
- Infrastructure

## Offices

- Savanna, IL
- Buffalo, NY
- Sterling Heights, MI
- Phoenix, AZ

## People

- Duncan MacLean — President and CEO
- Gillian MacLean Growdon — Executive VP of Shareholder Relations and Head of Family Office
- Adrian Jay — President of the MacLean Family Foundation
- Barry MacLean — Chairman

## Questions

### Who runs investment decisions at MacLean-Fogg's pension plan?

The plan is overseen by the MacLean family leadership, which includes Chairman Barry MacLean, President and CEO Duncan MacLean, and Executive VP Gillian MacLean Growdon. As a corporate pension vehicle, it operates with fiduciary structures typical of US defined-contribution plans, but the MacLean family's deep involvement in both the operating company and the family office gives them significant influence over asset-allocation strategy.

### How is the MacLean-Fogg pension plan related to the manufacturing business?

The plan is the retirement vehicle for employees of MacLean-Fogg Company, the industrial manufacturer founded in 1925. The company's profitability and its strategic decisions — such as expanding into solar mounting through OMCO Solar or additive manufacturing in Michigan — are directly material to the plan's beneficiaries and, by extension, to its investment posture.

### What is the MacLean Family Foundation?

The MacLean Family Foundation is the philanthropic arm of the MacLean family, led by Adrian Jay. It supports cultural and educational initiatives, including the MacLean Collection museum, a map library, and an Asian art collection, all located in Mundelein, Illinois. The foundation operates separately from the corporate pension plan.

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Last updated: 2026-08-11T02:43:31.692Z

Canonical page: https://altss.com/profile/maclean-fogg-company

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