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Igloo Coolers company history timeline

1947

The Igloo saga begins in 1947, when several Houston investors joined forces to fill what they perceived as an important market niche.

1953

He received a patent for the “Portable Ice Chest and the Like” in December 1953.

1957

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.

1960

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.

1961

In recognition of Everett's Nashville headquarters, the merged firm's name was changed to Texas Tennessee Industries (TTI) in 1961.

1962

The company's first all-plastic ice chest was introduced in 1962 by James F. Hutchison.

1967

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.

1968

One of the company's longer-lived diversifications was its 1968 acquisition of Impact Extrusions, Inc., a manufacturer of thermoplastic sheet.

1969

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.

1971

By 1971, Texas Tennessee Industries, Inc. was planning to change its name to Igloo.

1972

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.

1975

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.

1980

Corporate ownership changed in 1980, when Houston's Anderson, Clayton & Co. conglomerate acquired Igloo for $46.6 million.

1982

Increasing advertising budgets under the new ownership helped push Igloo's sales to about $80 million by 1982.

1985

Encouraged by its parent company to diversify, Igloo also launched a line of collapsible outdoor cooking devices in 1985.

1986

The Quaker Oats Company's purchase of Anderson Clayton in 1986 presaged another transfer of ownership for Igloo.

1995

The company expected to sell one million wheeled coolers in 1995 alone.

1996

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.

2000

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.

2001

Private investment firm Westar Capital purchased Igloo from Brunswick in 2001.

2004

In 2004, Igloo announced that it was consolidating its operations to its current complex.

2006

Two brothers, Ryan and Roy Seiders, started Yeti in 2006.

2008

The cooler even made its film debut in the 2008 Pixar film, Wall-E!

2012

http://researchingfoodhistory.blogspot.com/2012/04/thomas-moores-refrigerator.html Maryland farmer Thomas Moore invented the ice box.

2013

In June 2013, police reported a crazy number of Yeti cooler thefts in Orange Beach, Alabama.

2014

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.

2017

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.

2020

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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Founded
1947
Company founded
Headquarters
Katy, TX
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Igloo Coolers competitors

Company nameFounded dateRevenueEmployee sizeJob openings
AAON1988$1.2B1,392221
Nucor1940$30.7B26,001469
Leggett & Platt1883$4.4B20,000113
Energy Transfer Solutions2003$8.5M7511
Koch Industries1940$115.0B100,00047
Kinder Morgan1997$15.1B11,012243
Andeavor1968$35.0B14,300-
Fiesta Mart1972$3.0B8,200515
Texas Industries1946$697.1M2,0402
Tarrant County College1965$70.4M4,889-

Igloo Coolers history FAQs

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Igloo Coolers may also be known as or be related to Igloo Coolers, Igloo Products, Igloo Products Corp and Igloo Products Corp.