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The Igloo saga begins in 1947, when several Houston investors joined forces to fill what they perceived as an important market niche.
He received a patent for the “Portable Ice Chest and the Like” in December 1953.
After Queen Stove Works was sold in 1957, the Coleman Company acquired the patent for the ice chest.
By 1957, Coleman subbed out the steel for plastic, a change that made their coolers more accessible for a wider range of people.
Soon after merging with Production Tooling Company in 1960, Igloo took on that firm's sales and marketing operation, the John T. Everett Company.
In early 1960, Igloo merged with the Production Tooling Company, and the company name changed to Texas Tennessee Industries (TTI). The company's marketing arm was the John T. Everett Company, a company from Memphis, Tennessee.
1960 https://www.pinterest.com/pin/308426274451109807/ Pepsi, Coca-Cola, Budweiser, and many other drink companies started advertising with portable coolers.
In recognition of Everett's Nashville headquarters, the merged firm's name was changed to Texas Tennessee Industries (TTI) in 1961.
The company's first all-plastic ice chest was introduced in 1962 by James F. Hutchison.
In 1967, the company formed a Container Division to manufacture plastic drums for the chemical industry.
Tailoring products to the needs of specific groups, especially boaters, would become an Igloo hallmark. For example, the Giant Sea Chest launched in 1967 was Igloo's second all-plastic model.
One of the company's longer-lived diversifications was its 1968 acquisition of Impact Extrusions, Inc., a manufacturer of thermoplastic sheet.
S.A.G.E., a chain of discount stores in Texas and California, was bought in 1969 and sold three years later, as was a manufacturer of exercise equipment.
By 1971, Texas Tennessee Industries, Inc. was planning to change its name to Igloo.
Igloo patented and introduced the Playmate series of beverage coolers, featuring a "tent-top" design, that same year, adding the unique push-button lock and release to the lid in 1972.
Igloo's 1972 acquisition by The Coca-Cola Bottling Company of New York presaged an energetic expansion of the product line.
Corporate sales multiplied rapidly on the strength of its expanded product line and broadened distribution network, increasing from about $25 million in 1975 to $70.9 million by the end of the decade.
Corporate ownership changed in 1980, when Houston's Anderson, Clayton & Co. conglomerate acquired Igloo for $46.6 million.
Increasing advertising budgets under the new ownership helped push Igloo's sales to about $80 million by 1982.
Encouraged by its parent company to diversify, Igloo also launched a line of collapsible outdoor cooking devices in 1985.
The Quaker Oats Company's purchase of Anderson Clayton in 1986 presaged another transfer of ownership for Igloo.
The company expected to sell one million wheeled coolers in 1995 alone.
The Houston-based firm was acquired by Brunswick Corp.--famous for its eponymous billiard tables and bowling equipment--late in 1996 and became part of the $3 billion conglomerate's growing Outdoor Recreation Group.
Brunswick Corp. purchased the ice chest manufacturer in 1996 for $154 million in cash.
The Krewser is a cooler scooter that gives new meaning to the word “portable.” For about $2000, you can even get one that’s custom wrapped and fitted with speakers.
Private investment firm Westar Capital purchased Igloo from Brunswick in 2001.
In 2004, Igloo announced that it was consolidating its operations to its current complex.
Two brothers, Ryan and Roy Seiders, started Yeti in 2006.
The cooler even made its film debut in the 2008 Pixar film, Wall-E!
http://researchingfoodhistory.blogspot.com/2012/04/thomas-moores-refrigerator.html Maryland farmer Thomas Moore invented the ice box.
In June 2013, police reported a crazy number of Yeti cooler thefts in Orange Beach, Alabama.
In March 2014, ACON, a Washington, D.C.-based private equity firm, purchased Igloo from J.H. Whitney, which will maintain a small stake in the Company.
2014 https://store.orioncoolers.com/products/orion-45.html Orion became another cooler company on the market.
Still, it’s not all bad news! In 2017, three young inventors named Ashton Cofer, Luke Clay, and Julia Bray figured out a way to convert Styrofoam into filtered water for a science project at school.
The market size for coolers was valued at over $600 million in 2017.
Over time, Yeti has gotten somewhat of a cult following. It got an endorsement from Aquaman himself, actor Jason Momoa, who praised the brand in an interview with GQ Magazine in 2017.
According to a report by Consumer Reports, the brand was required to set aside a portion of its net income and equally distribute it back to its original backers by 2020.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| AAON | 1988 | $1.2B | 1,392 | 221 |
| Nucor | 1940 | $30.7B | 26,001 | 469 |
| Leggett & Platt | 1883 | $4.4B | 20,000 | 113 |
| Energy Transfer Solutions | 2003 | $8.5M | 75 | 11 |
| Koch Industries | 1940 | $115.0B | 100,000 | 47 |
| Kinder Morgan | 1997 | $15.1B | 11,012 | 243 |
| Andeavor | 1968 | $35.0B | 14,300 | - |
| Fiesta Mart | 1972 | $3.0B | 8,200 | 515 |
| Texas Industries | 1946 | $697.1M | 2,040 | 2 |
| Tarrant County College | 1965 | $70.4M | 4,889 | - |
Zippia gives an in-depth look into the details of Igloo Coolers, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Igloo Coolers. The employee data is based on information from people who have self-reported their past or current employments at Igloo Coolers. 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 Igloo Coolers. The data presented on this page does not represent the view of Igloo Coolers and its employees or that of Zippia.
Igloo Coolers may also be known as or be related to Igloo Coolers, Igloo Products, Igloo Products Corp and Igloo Products Corp.