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Home Products International history
Home Products International company history timeline
1962: Meyer and Norma Ragir acquire the company.
Another subsidiary was launched in England in 1976 to serve Europe.
In February 1988, Selfix completed its first acquisition, paying close to $6 million for Shutters Inc., maker of decorative plastic house shutters with $5 million in annual revenues.
Furthermore, in 1990 Selfix made two acquisitions to bolster its growth in home organization.
All told, in 1992 Selfix lost nearly $800,000 while sales declined by 5 percent over the previous year.
1992: Meyer Ragir dies.
In August 1994, Mariani resigned the presidency of Selfix, a job he had held for seven years.
1997: Holding company Home Products International, Inc. is formed.
Moreover, the company was crippled by the high cost of raw materials in 2000 when resin prices increased by more than 40 percent, a major factor in a $71.5 million loss for the year.
Unfortunately, a downturn in the economy hurt many of its customers, which in turn had an adverse effect on HPI. Smaller customers like Ames Department Stores and Bradlees filed for bankruptcy in 2001.
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Home Products International competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Grindmaster-UNIC-Crathco | 1911 | $14.0M | 75 | - |
| Datamax-O'Neil | 1977 | $46.0M | 350 | - |
| Vitasoy Usa Inc. | - | $1.6M | 50 | - |
| ZERO Manufacturing | 1952 | $31.0M | 200 | - |
| Beiersdorf | 1960 | $7.2B | 20,059 | 10 |
| EB Brands | 2000 | $8.5M | 375 | - |
| Alberto Culver | 1955 | $1.6B | 2,600 | - |
| Reckitt Benckiser | 1977 | $15.9B | 43,000 | 76 |
| Paramount Pool & Spa Systems | 1964 | $4.7M | 99 | - |
| Uson L.P. | 1963 | $25.0M | 249 | - |
Home Products International history FAQs
Zippia gives an in-depth look into the details of Home Products International, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Home Products International. The employee data is based on information from people who have self-reported their past or current employments at Home Products International. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Home Products International. The data presented on this page does not represent the view of Home Products International and its employees or that of Zippia.
Home Products International may also be known as or be related to HOME PRODUCTS INTERNATIONAL INC, Home Products International and Home Products International Inc.