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Acorn Product Development history
Acorn Product Development company history timeline
1993: Vision Hardware merges with an affiliate of TCW Group, Inc. and changes its name to Acorn Products, Inc.; Union Fork & Hoe changes its name to UnionTools, Inc.
Acorn Products reported a net loss of $9.9 million for fiscal year 1997.
The year 1998 saw Acorn Products expanding into new areas and bolstering its presence in the manual tools business.
In fact, 1998 sales fell again.
By September 1999, Mihaly had been replaced as president and CEO by Cory Meyer, who announced yet another shift in strategy.
Sales for fiscal year 2000 fell 1.5 percent to $116.6 million, and another net loss--this one of $14 million--was reported.
2000: Acorn closes UnionTools' Columbus manufacturing plant and moves those operations to Kentucky.
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