Lake Maxinkuckee Its Intrigue History & Genealogy Culver, Marshall, Indiana

Waldemar, Inc.



In 1984, "Waldemar, Inc." (often operating as Waldemar Industries, Inc.) was a prominent Indianapolis-based investment holding company headed by President and CEO Thomas H. Sams. The company was heavily involved in managing diverse business operations, including real estate and the management of associated agricultural subsidiaries like Waldemar Farms, Inc.

Leadership: Thomas H. Sams, son of publisher and entrepreneur Howard W. Sams (founder of Howard W. Sams & Co.), served as the chief executive. He formed Waldemar Industries after ITT Corporation acquired the Howard W. Sams publishing empire in 1966.Waldemar Farms, Inc.

Registered out of Carmel, Indiana, before its involuntary dissolution in 1988.

    Waldemar Industries, Inc. (often referred to as Waldemar Inc.) was a Carmel/Indianapolis-based investment holding company spearheaded by executive Thomas H. Sams. The firm managed numerous local subsidiaries and actively engaged in the Indiana business community during the mid-1980s.

    The enterprise was historically tied to the legacy and family of Howard Waldemar Sams, the well-known founder of the Indianapolis-based publishing company Howard W. Sams & Co. When ITT purchased Howard W. Sams & Co in 1966, Howard Sams moved on to establish Waldemar Industries as an investment holding and management firm.

    Waldemar Industries in 1984:
    Leadership: Thomas H. Sams served as the President and CEO, while Timothy H. Sams managed various affiliated operations.

    Business Operations: The company operated primarily as an investment holding company. Throughout the 1980s, the company's directors were heavily involved in the leadership of major Indiana corporations, including Indianapolis Power & Light Company (IPALCO) and Meridian Insurance.

    Location: Throughout the 1980s, corporate records from Polk's Indianapolis Suburban Directory list Waldemar Industries' corporate address as 5455 W. 86th Street, Indianapolis, IN.

    Because Waldemar was a private holding firm rather than a traditional consumer manufacturer, specific public operational data from 1984 is limited. For more specialized details, consider checking Indiana State Archives or the historical business records available through the Indiana State Library.